News

Investments
Ant Financial To Invest In Mobile Payment Company Mynt
February 21, 2017

Ant Financial, the financial services arm of China’s Alibaba, is making an investment in Mynt, a mobile payment and credit service in the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Alternative Finances
War-Gaming The Future Of Small-Dollar Lending
February 21, 2017

A year ago, the future of short-term, small-dollar loans in the U.S. — better known colloquially as payday loans — was rather grim. The CFPB was a few weeks away from releasing new draft regulations, and the money was on regs that would by and large neuter the industry. Get the...

Faster Payments
Faster Payments, Better Validation
February 21, 2017

Faster payments may be the future, but getting to the future is a step-by-step journey. And a big step is making sure that transactions and accounts from which funds flow are valid. PYMNTS spoke with Jeni Brantner, Vice President of Payment Operations at Royal Credit...

B2B Payments
Japan’s Top Bank Testing Digital Checks On Blockchain
February 21, 2017

Blockchain has significant potential to disrupt B2B payments in the name of digitization and security. And with paper checks as some of the most manual and least secure corporate payment technologies in use today, it could be a good place for blockchain disruption to start....

B2B Payments
Utrip Lands Funding For AI B2B Travel Tool
February 21, 2017

Startup Utrip announced Series A funding this week in an effort to streamline travel booking for both consumers and corporates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
The Overlooked Corporate Data Breach
February 21, 2017

When a company is hit with a data breach that leads to the leak of consumer information, the event will make headlines. Not so much, however, when a breach results in the compromise of sensitive corporate data, like information on M&A plans or intellectual property....

B2B Payments
Mastercard Continues B2B Focus In Middle East
February 21, 2017

Mastercard has invested significantly in the Middle East, home to a blossoming FinTech scene. Most recently, the credit card company struck a partnership with Swipezoom in the United Arab Emirates to roll out a B2B payment and invoice management solution, signaling B2B FinTech as a...

Retail
Grocery Tracker: Discount Games
February 20, 2017

Grocery stocks held steady or showed signs of growth this past week after some mixed sessions since the year began. Whole Foods pulled itself out of a Valentine’s Day slump, rising to hit $31 during Friday (Feb. 17) morning trading. At the time of writing,...

Banking
Wells Fargo Branch Banking Metrics ‘Relatively Stable’ In January
February 20, 2017

Though Wells Fargo is still dealing with the fallout of its major fraud scandal, the bank reported that it saw “relatively stable” trends in branch interactions in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...