Safety, liquidity and transparency. Those are three key levers to delivering the two things that treasury managers seek when evaluating new products and services: value and efficiency. Market Platform Dynamics CEO Karen Webster chatted with Capital One’s new Head of Treasury Management Product Innovation, Jim...
More hospitals and physicians practices are combining charges for various services into single bills as opposed to billing patients or insurers separately for the various aspects of their care. Though bundling has shown to reduce costs, many commercial insurers have been hesitant to support the...
Online competition is hammering brick-and-mortar stores, as in-store sales continue to fall. To protect their market shares, U.S. department stores must generate 2 percent top-line growth, a new Fitch Ratings report suggests. Ironically, mu
In his semi-annual Report to Congress and the President this week, CFPB Director Richard Cordray provided an overview of the bureau’s progress in protecting consumers from financial harm. So far, billions has been put back in consumers’ pockets and a slew of actions against banks...
PayPal co-found Max Levichin is back in the payments game, this time with the modest goal of recreating a consumer finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Better late than never. That adage might be true in certain scenarios, but not when it comes to small-to-medium-sized enterprises (SMEs) in Ireland making invoice payments. Research shows that not only are the majority of invoice payments late, but also that late or unpaid bills...
Earlier this week, Amazon announced that it was going to begin managing subscription payments, which will allow the online marketplace provider’s active users with stored credit cards on its site to pay for phone, digital music and other monthly subscriptions. But what exactly does this...
Amazon.com on June 9 opened access to its Login and Pay with Amazon feature by enabling the 240 million cardholders in its database to pay recurring subscription bills from participating merchants. PayPal and Apple already support subscription-based payments, and some believe Amazon had to follow...
New York’s banking regulator is targeting BNP Paribus for conducting business with countries such as Sudan, which the U.S. has sanctioned for its alleged support of terrorists. The regulator, Benjamin Lawsky, wants to force BNP to discontinue its dollar-clearing business. That could leave companies relying...