Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. That trend promises to get even bigger in 2020. As well, more personalization seems likely to come to...
Corporate accounting standards are headed for more changes after the International Accounting Standards Board (IASB) proposed changes to how businesses report operating profit, the Financial Times said on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As open banking frameworks take root in more markets around the globe, the model of data integration continues to also take shape in the business financial services market, particularly impacting micro- and small businesses (and the FinTechs that service them). Get the Full Story Complete...
Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing. The latest news from the Open Banking ether stems...
Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., noted PYMNTS in a previous Faster Payments Tracker. Get the Full Story Complete the form...
An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets are procurement websites in which governments place notices for purchasing all sorts of products such as trucks and desks, IT World Canada reported, citing a...
With a repeat investment in TradeWindow, Commonwealth Bank of Australia-owned ASB Bank participated in a NZ$2.67 million ($1.76 million) seed funding round for the blockchain company. ASB made an investment of a “significant” amount during the summer and is said to own 21 percent of...
Commercial payments technology company WEX announced on Monday (Dec. 16) that it has reached an agreement to manage Valero Energy‘s fleet fuel card program, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The awkward balancing act of trade credits – do the work, ship the merchandise on good faith, hope to get paid sooner rather than later – is a $3.1 trillion nail-biter in the U.S. alone. Small businesses experience this anxiety acutely: Research indicates that over...
