With the majority of Americans keeping their money in depository accounts, are typically risk-averse banks paying too much attention to FinTech innovations like the blockchain? The second edition of the PYMNTS Faster Payments Tracker, powered by NACHA, shares why MPD Founder Dr. David S. Evans...
The United Parcel Service Inc. said on Tuesday (Feb. 2) that profits were roughly triple those seen a year ago and beat Street consensus on the quarter just past. A key driver was faster but extensive use of mail to get through the holiday season,...
The dealer reserve — the process by which auto dealers who act as middlemen in auto lending add to the interest rate assessed by the loan underwriter before passing it on to a borrower — has just suffered another blow. Get the Full Story Complete the form...
The Federal Reserve offered up some formal analysis on Tuesday (Feb. 2) about the 12 months following the publication of “Strategies for Improving the U.S. Payment System.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In the small and mid-market arenas, AP management can use some modernization. Here’s how Laurent Charpentier, chief innovation officer of Yooz, sees the benefits and challenges of moving to the cloud for AP automation.
It’s time for B2B payments to get their consumer payments mojo. At least that’s the view from First Data President Guy Chiarello, who chatted last week with MPD CEO Karen Webster on why his company’s deal with SAP’s AribaPay is so important. Get the Full...
FinTech firm Spotcap, based in Berlin and founded and backed by Rocket International, focuses on small business lending and has just grabbed €31.5 million ($34.4 million) in its latest funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The European Commission isn’t warming up to bitcoin. Or prepaid cards, for that matter. 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...
Alibaba is taking a leap into virtual reality. 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...
