Australian regulators on Tuesday (Sept. 25) criticized top banks in the country for what authorities called inadequate reporting of breaches of financial law. Reports in Reuters said the Australian Securities and Investments Commission (ASIC) announced the completion of its review into Australia’s top four banks and...
Visa is expanding the testing of its B2B payments technology, B2B Connect, into Thailand, according to reports. The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The latest corporate banking offering by Citi aims to virtualize treasurer accounts for more personalized, streamlined services. The bank said in an announcement Tuesday (Sept. 25) that it is rolling out Citi Virtual Accounts for institutional clients. The tool lets corporate customers segregate balances within...
Maybe Isaac Newton — the hopelessly hopeful alchemist who came up with some solid rules of physics — was a genius of business and even B2B payments, too. After all, one of his main rules concerns the tendency for objects (by which he means everything...
U.K. bank Barclays is expanding its European operations with the launch of a digital corporate banking portal, reports in IBS Intelligence said on Monday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial services advisory firm Enterprise Engineering is spinning off a new company to link banks and financial institutions with data management tools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Lending from FinTech firms — driven by tech, data and all sorts of innovations — has grown by leaps and bounds. However, as a recent Bank for International Settlements report finds, the models themselves remain untested in some key respects, such as what happens in...
More than a year after launching its business banking solution, France-based Qonto has secured new funding. 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...
Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti. The firm’s latest research examined CFOs and other financial executives’ views on the...
