Banco Santander will use Ripple's ledger through OnePay FX, expanding XRP's presence. In Singapore, cross-border efforts gain traction as Wallex gets funding.
It’s no surprise the financial service industry’s move toward open banking may not be the most favorable trend among banks. With data considered under ownership of the customers and not the bank, financial institutions are exposing themselves to market competition, security risks and other threats...
With talk of bankruptcy growing louder for Sears, the struggling retailer has reportedly stopped paying suppliers. Reports in Reuters on Thursday (Oct. 11) said three suppliers have reported missed payments from Sears in the last several weeks. The reports have heightened concerns about the company’s...
Europe’s largest banks have landed in the hot seat, thanks to a recent Fortytwo Data report that found 90 percent had been sanctioned for money laundering activities. Now, a new report is shining a spotlight on European banks’ lackluster performance in another area: small business...
HSBC and Standard Chartered have vowed to continue supporting Chinese companies amid ongoing trade tensions, according to reports Wednesday (October 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A new solution from Xerox aims to streamline enterprise digital application adoption and make it easier for employees to use the technologies their organizations use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Regal Software has announced a collaboration with Mastercard that enables financial institutions to support virtual corporate payments. 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...
U.K. challenger bank Starling Bank emerged on the market with a focus on consumers and sole traders, but the company is now planning an expansion of those services, reports in Specialist Banking said Wednesday (October 10). Get the Full Story Complete the form to unlock...
The U.S. Supreme Court ruled earlier this year to prohibit unions from collecting fees from non-member public workers, but the government’s pressure on organized labor may not end there. Only weeks later, President Donald Trump’s administration issued a proposal that would restrict the ability for...
