Nonperforming loans (NPL) are spiking in China, according to reports, and banks are looking for ways to ease their losses. An exclusive report from Reuters on Thursday (March 10) said China’s central bank is readying new rules to help the banks. Get the Full Story...
Corporate buyers are slated to leave their supplier partners in droves, according to new research released Thursday (March 10) by Gallup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
B2B payments service provider AribaPay has big plans for expansion. After launching in the U.S. in 2014, AribaPay said Thursday (March 10) that it will now begin operations in Canada, with plans to expand into Europe and Latin America in the near future. Get the...
It seems every week we ponder whether there actually exists a drought in venture capital. B2B funding is far from consistent. This week, investors provided more than $22.5 million to B2B startups. It’s not the most the industry has enjoyed, but it’s certainly not the...
Cash is still king. Installment payments rule. Fraud is hard to spot. Online and mobile rule. That’s the lay of the payments land in Latin America. Martin Schrimpff, Co-Founder of PayU and MPD CEO Karen Webster recently took PYMNTS peeps on a fascinating tour of...
A number of banks based outside of the United States have been raising opposition to proposals by the Federal Reserve to bring “too-big-to-fail” rules into force. The non-U.S. banks have said that the rules would be unfair to the U.S. units of those very banks....
It’s hard to believe that taking the time to double-check spelling could have allowed unknown hackers to pull off a nearly $1 billion bank heist last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Thursday (March 10) marked the release of a proposal by the Federal Communications Commission to protect consumer privacy yet allow for data collection activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Marketplace lender Prosper launched its first mobile app, designed to provide customers with the tools to help make smarter financial decisions, the company announced on Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
