News

Payment Methods
Experience The Marketplace And Own The Experience
September 13, 2016

Our series tracking the traits that make up a great on-demand marketplace continues, with Hyperwallet’s Michael Ting putting forth the mandate that firms not just set the marketplace experience in motion but own it as well.

Banking
Bankers Tell Fed: Raise The Rate
September 13, 2016

When the Federal Reserve ticked the interest rate up to 0.25 for the first time in a decade last December, it was something of big moment — it was the first time the rate has been above zero in almost a decade. Get the Full Story Complete...

B2B Payments
Scotiabank, Royal Bank of Canada Shutter Marijuana SMB Accounts
September 13, 2016

Marijuana-related SMEs in Canada got hit with some bad news over the weekend. 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....

Banking
Why Wells Fargo’s Fake Accounts Didn’t Pay Off
September 13, 2016

Wells Fargo recently found itself in hot water for creating bogus bank accounts for its customers and now has to pay a $185 million fine to settle the charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Merchant Innovation
eBay And Myer To Launch VR Department Store
September 13, 2016

EBay and Myer, the Australian marketplace, are joining forces to launch what they are billing as the world’s first virtual reality department store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Fusebill Secures $6M For Subscription Billing Solution
September 13, 2016

The subscription business model is taking over, especially within the enterprise adopting Software-as-a-Service solutions. That leaves opportunity to solve the challenge of charging businesses on a subscription basis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
GSMA Says All Three Madagascar Mobile Money Providers Will Work Together
September 13, 2016

The GSMA announced on Monday (Sept. 12) that all three mobile money providers in Madagascar, including Airtel Money, mVola and Orange Money, are launching interoperable mobile money services across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
Ripple Effects: 1-Click To Catastrophe
September 13, 2016

The ripple effects of increasing eCommerce and consumer demand for fast deliveries is heralding new supply chains and logistics models. Retailers such as Target and Walmart are storing merchandise in warehouses for faster response to customer orders. Meanwhile, port and other transportation activity is slowing...

Artificial Intelligence
Habito Launches AI Mortgage Tool
September 13, 2016

Habito, the U.K. startup, announced on Monday (Sept. 12) it launched what it says is the world’s first artificially intelligent Digital Mortgage Adviser. With the tool, consumers can discuss their mortgage needs via any connected device 24 hours a day without having to talk to...