News

Blockchain / Distributed Ledger
Verizon Communications Files Blockchain Patent Application
August 23, 2016

Telecommunications provider Verizon Communications has been experimenting with blockchain technology, which is what powers bitcoin and other cryptocurrencies. 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...

B2B Payments
Making The Case For B2B FinTech Adoption
August 23, 2016

Now that B2B payments processes can benefit from sophisticated technology, corporations are tasked with choosing exactly which technologies to integrate. It can make the lives of executives in charge of IT procurement, accounts payable and other departments a challenge, and that’s where an advisory team...

B2B Payments
SMEs Aren’t Trying Out Alt-Lenders
August 23, 2016

The latest CAN Capital Small Business Health Index was released this week, offering insight into where SMEs of the U.S. are at in terms of their vision for the future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Embracing New Payment Tech Worries Retailers
August 23, 2016

Trying to meet the high expectations of today’s consumers by introducing new payment technology can be a daunting task. Vaughan Rowsell, founder and chief product officer for Vend, says many retailers are grappling with this issue and worry that the undertaking of providing omnicommerce opportunities...

B2B Payments
Ripple Guides Japan’s Venture Into Blockchain
August 23, 2016

A Japanese bank and its subsidiary have formed a consortium to explore potential use cases of blockchain technology, and the group will reportedly focus on both domestic and cross-border finances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Know Your Customer Redux
August 23, 2016

Know Your Customer takes on a very different meaning at WePay. Kurt Bilafer, WePay Global Vice President, talks about how KYC is the only way to move a payments relationship past just the transaction.

B2B Payments
Banks Lead The Charge In New FinTech Investment Trend
August 23, 2016

Banks and FinTech disruptors haven’t always seen eye-to-eye, with some considering the two market segments competitors. After all, many FinTech startups — from alternative lending to payments automation players — emerge from the idea that traditional banks aren’t offering adequate services today. Get the Full...

Payment Methods
Have Millennials Sworn Off Credit Cards?
August 23, 2016

If the latest data from The New York Fed is correct, credit card use has been exploding in the United States of late — a fact that is notable in and of itself given the multi-year hiatus from credit card debt many Americans took (voluntarily or otherwise)...

Payments Innovation
Chinese Photo App Developer Strikes It Big With $1 Billion IPO
August 23, 2016

Reports indicate Meitu will test Hong Kong markets with planned offering later this year.