When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier base. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in The East African said last week. The U.S. Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the...
American Express has announced a new incentive for small businesses to sign up for its Amazon Business Prime American Express Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
California-based ForwardLine Financial announced that it has raised $20 million in growth capital, led by Five Oceans Capital and Marsico Enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cloud banking technology provider nCino will help U.K. financial institution Santander digitize its small business, corporate and commercial banking units, according to a press release on Thursday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
HSBC is continuing its open banking strategy with the deployment of a new application programming interface (API) designed to promote bank collaboration to facilitate trade finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The company said in a press release on Thursday (Sept. 26) that it has added Automated Clearing House (ACH) functionality, as well as direct billing, to the RoadSync platform. The additions provide more options for clients – including freight handlers, trucking companies and warehouses –...
The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. Reception toward the initiative was not, however, universally positive. Get the Full Story Complete...
