News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Instant Issuance, Instant Benefits?
Instant Issuance, Instant Benefits?
September 13, 2016  |  Payment Methods

Entrust Datacard sees double-digit boosts in card volumes and purchase volumes tied to instant issuance programs. For FIs, revenues go up, and costs stay down,...

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How SMBs — And Their Lenders — Brace For Regulation
How SMBs — And Their Lenders — Brace For Regulation
September 13, 2016  |  B2B Payments

As the fluctuations within the small business lending industry continue, SMEs must keep their eye on the state of the market: whether capital is available,...

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PayPal’s Late SME Payments Fight Down Under
PayPal’s Late SME Payments Fight Down Under
September 13, 2016  |  B2B Payments

Late payments to small businesses from their corporate buyers are an issue the world over. Now, FinTech giant PayPal is entering the ring to combat...

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Experience The Marketplace And Own The Experience
Experience The Marketplace And Own The Experience
September 13, 2016  |  Payment Methods

Our series tracking the traits that make up a great on-demand marketplace continues, with Hyperwallet’s Michael Ting putting forth the mandate that firms not just...

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Bankers Tell Fed: Raise The Rate
Bankers Tell Fed: Raise The Rate
September 13, 2016  |  Banking

When the Federal Reserve ticked the interest rate up to 0.25 for the first time in a decade last December, it was something of big...

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Scotiabank, Royal Bank of Canada Shutter Marijuana SMB Accounts
Scotiabank, Royal Bank of Canada Shutter Marijuana SMB Accounts
September 13, 2016  |  B2B Payments

Marijuana-related SMEs in Canada got hit with some bad news over the weekend. Scotiabank and Royal Bank of Canada announced they will no longer provide banking...

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Why Wells Fargo’s Fake Accounts Didn’t Pay Off
Why Wells Fargo’s Fake Accounts Didn’t Pay Off
September 13, 2016  |  Banking

Wells Fargo recently found itself in hot water for creating bogus bank accounts for its customers and now has to pay a $185 million fine...

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eBay And Myer To Launch VR Department Store
eBay And Myer To Launch VR Department Store
September 13, 2016  |  Merchant Innovation

EBay and Myer, the Australian marketplace, are joining forces to launch what they are billing as the world’s first virtual reality department store. Through the...

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GSMA Says All Three Madagascar Mobile Money Providers Will Work Together
GSMA Says All Three Madagascar Mobile Money Providers Will Work Together
September 13, 2016  |  International

The GSMA announced on Monday (Sept. 12) that all three mobile money providers in Madagascar, including Airtel Money, mVola and Orange Money, are launching interoperable...

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