News

International
Revolut to Expand Trading Products After Receiving UK License
November 18, 2024

Global FinTech Revolut plans to offer its customers in the United Kingdom new trading products and features after receiving a U.K. trading license from the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Spanish Banking Community Joins Instant Cross-Border Payments Plan
November 18, 2024

Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. 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...

Banking
HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
November 18, 2024

HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. 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...

Cross-border Payments
Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments
November 18, 2024

Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with...

IPO
Report: Klarna Aims to List IPO in New York in H1 2025
November 15, 2024

Klarna is reportedly looking to list its recently announced initial public offering (IPO) in New York in the first half of 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Making Sense of FinCEN’s Jan. 1 Business Ownership Reporting Requirements
November 15, 2024

There’s an upcoming deadline for companies in the United States. 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 Today. By completing this...

CFPB
CFPB Urges Greater Accountability for Student Loan Servicers
November 15, 2024

The Consumer Financial Protection Bureau (CFPB) is urging legislators and other policymakers to make reforms that it said would improve student loan servicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Surging Business Innovation Puts Compliance Role at Center of Growth
November 15, 2024

From blockchain to artificial intelligence (AI) and embedded finance, innovation within B2B is continually reaching new heights. 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...

Retail
From Sneaker Obsession to D2C Success: How Richard Brown Built Proof Culture
November 15, 2024

Proof Culture founder and CEO Richard Brown’s love of sneakers began long before he ever thought of turning his passion into a direct-to-consumer business. He vividly remembers the thrill of getting his first pair of LA Gears when he was a kid, carefully laying them...