Western Union (WU) is bridging small businesses (SMBs) and entrepreneurs in Puerto Rico to cross-border payment services, the financial institution (FI) said on Monday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Australian Securities and Investments Commission (ASIC) is criticizing top Australian banks for what the regulator said is an inefficient process of reviewing internal systems that allowed the banks to charge excess fees to customers. Get the Full Story Complete the form to unlock this...
For proponents of open banking, the regulatory initiative seen in the U.K. and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. While policymakers target protection and customer ownership of data, one of the most prominent...
The U.K.’s efforts to inject competition in the small business banking and financial services sector have culminated in a range of initiatives, from the bank referral scheme to strengthen the position of alternative lenders in the market, to the RBS fund that sees rivals and...
Neptune Financial has linked with HSBC US Commercial Banking, serving middle market companies – and tapping into a $7.3 trillion opportunity. NepFin CEO Albert Periu explains how technology can address the lending “gap” that currently bedevils these firms, overlooked by traditional lenders, as they seek...
India’s largest business travel service provider Yatra Online has received a takeover offer from Software-as-a-Service company Ebix, the companies said in a press release on Monday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China-based financial services technology firm PINTEC Technology has announced its acquisition of Australia-based InfraRisk. 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...
In Australia, more businesses are signing onto the late payments code that punishes late payers. In the UK, there are calls to fine firms that pay freelancers late, and a major health care firm in the UK is spotlighted for missing payments to health care...
Controversy surrounding the U.K. government’s awarding of Royal Bank of Scotland funds to challenger banks continues, with critics now claiming the award to Starling Bank last month involves a conflict of interest. Get the Full Story Complete the form to unlock this article and enjoy...
