News

Investments
Credit Suisse Sets Its Sights On The Super-Rich
August 01, 2016

Credit Suisse is getting back into the private wealth business in the U.S., creating a new investment banking unit that caters to company founders and entrepreneurs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
AXA And Alibaba Team Up To Hawk Insurance Products, Peace Of Mind
August 01, 2016

AXA, the global insurance company, Alibaba, the eCommerce giant, and its Ant Financial Services unit are teaming up to distribute AXA’s insurance products and services via Alibaba’s online platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Financial Inclusion
U.S. Credit Card Debt Is Surging
August 01, 2016

According to new reports, the amount of U.S. credit card (and other types of revolving debt) has exploded to $18 billion in just the last three months – triggering concerns among experts that Americans are getting a little too debt-happy when the U.S. could be...

B2B Payments
Managing Accounts Payable, Intelligently
August 01, 2016

Efficient cash flow can be stymied for a variety of reasons, including paper-based AP processing. Flexible document management and analytics are keys to streamlined cash flow and streamlined audits, too, explains IntelliChief Marketing Manager Tim Nissen.

International
Alipay Chief Talks UnionPay Strategy
August 01, 2016

Though state-backed China UnionPay currently dominates China’s payment market, Ant Financial Services President Eric Jing says Alipay (and consumers embracing mobile payments) is diverting billions in fees away from UnionPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
NY Fed Calls On Philippine’s Central Bank To Help With Bangladesh Bank Hack
August 01, 2016

The Federal Reserve Bank of New York is calling upon the Philippines’ central bank to aid in helping Bangladesh Bank get back the $81 million stolen by hackers earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
The Next Iteration Of Corporate Payments Efficiency
August 01, 2016

As B2B payments disruption continues to drive a rift in legacy, manual processes — from manual data entry to self-assessing Excel spreadsheets — businesses now have more ways than ever to pay their vendors, manage their accounts payable and accounts receivable and streamline expenses. Get...

Mobile Payments
What Mobile Payments Can Learn From Debit Cards (Circa 1995)
August 01, 2016

We’ve been trying to ignite mobile payments now for more than a decade and we’ve barely moved the needle. Karen Webster says that it’s time to stop looking at our navels and even the future for inspiration – but back to the annals of payments...

B2B Payments
What’s In For Cash Flow Management, Today And Beyond
August 01, 2016

Corporate cash management is imperative, but how are businesses today keeping track of their money? PYMNTS brings you the latest trends in the priorities of treasurers and the tools they deploy to get the books squared away. The latest data reveals emerging patterns in the...