Over the past week, PYMNTS.com’s brief’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.” Get the...
In June, Federal Reserve Financial Services hosted a series of town hall meetings to discuss a variety of initiatives designed to improve B2B transactions, along with P2Ppayments. Among the goals include speeding up transactions, improving efficiency, enhancing payment safety and security, improving cross-border payments, and...
Former Aeropostale executive vice president and chief marketing officer Christopher Finazzo wassentenced on Wednesday (Aug. 20) to eight years in prison for his role in a kickback scheme. Finazzo was convicted of receiving more than $25 million in kickbacks from a clothing supplier in exchange...
The Export-Import bank of the United States provides credit services for U.S. businesses operating in somewhat risky foreign markets. The bank has been open for business for 80 years and is running a $2 billion surplus, but the fate of it charter is uncertain as...
China’s National Development and Reform Commission (NDRC)stated on Wednesday (Aug. 20) that 12 Japanese auto parts makers have been fined 1.24 billion yuan ($202 million) for their involvement in an alleged price-fixing scheme. Sumitomo Corp., Mitsubishi Electric Corp. and Denso Corp. are some of the...
Global payment provider Worldpay and lending firm OnDeckannounced on Wednesday (Aug. 20) that they partnered together to small and mid-sized firms get access to financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Standard Chartered Bank will stop processing payments in dollars from 300 Hong Kong clients at its New York branch, after the bank failed to flag millions of cross-border payments coming from areas prone to money laundering. Get the Full Story Complete the form to unlock...
The European Central Bank has identified four key payment systems under new regulations that took effect this month, making the payment systems subject to tighter regulatory control, Finextra reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Follow 303 Cryptocurrencies here. 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 agree to receive marketing...
