News

Faster Payments
Will The Blockchain Revolutionize Faster Payments?
October 05, 2016

Clearance granted … immediately? New developments in blockchain technology could be taking Faster Payments to another next level. In the latest Faster Payments Tracker™, PYMNTS spoke with Karen Hsu, head of growth at BlockCypher, about where the challenges and opportunities currently exist in the blockchain...

Payment Methods
MoneyGram CEO Talks MobilePass
October 05, 2016

MoneyGram’s launch yesterday of MobilePass is the latest example of its commitment to moving away from being transaction-centric to becoming a relationship-centric platform for its global customers. MoneyGram CEO Alex Holmes told Karen Webster what this means for the future of MoneyGram and the customers...

B2B Payments
Hyperwallet Keeps On-Demand Economy Tax-Compliant
October 05, 2016

Payout service provider Hyperwallet is targeting the on-demand economy, where gig workers can struggle to get paid and their employers struggle to remain compliant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Broadening The Online Market’s Reach, Shrinking Complexity
October 05, 2016

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...

Banking
Wells Fargo Shut Out Of Illinois Bond Business; Chicago May Follow Suit
October 05, 2016

The Wells Fargo fake account scandal has resulted in more fallout for the beleaguered bank — this time, with Illinois announcing a ban on bond and investment work with Wells Fargo. Meanwhile, the Chicago City Council is gearing up to consider a moratorium on doing...

B2B Payments
The Smaller The SME, The Higher The Interest Rate
October 05, 2016

Small and medium-sized enterprises are known for facing tough hurdles in their search for financing, with SMEs considered high-risk among lenders. But a new report from CFIB finds that the smaller the company, the more difficult it is for them to access bank financing, forcing...

Eccrine Systems’ $5.5M For Sweat-Sensing Wearable
October 05, 2016

The “wearables” market is a hot one with many barriers to entry and even more to maintaining footing. Apple, Fitbit, Garmin, Pebble, Jawbone all have a stake in the game, while Microsoft may have lost its standing with the removal of the Band from online...

Payment Methods
First Bankcard Launches New Credit Card Benefits For SMBs
October 05, 2016

First Bankcard, a division of First National Bank of Omaha, announced on Tuesday (Oct. 4) the release of three new credit card benefits designed to support the business needs of small business and middle-market business customers. The new benefits include Cell Phone Protection, Mastercard Easy Savings and...

Euromonitor International On Emerging Market eCommerce
October 05, 2016

Euromonitor International has issued a new whitepaper aimed at internet retailers who want to expand into emerging markets. The paper highlights the need for retailers to understand how users access the internet in different markets, the logistics environment and consumer payment preferences.