Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and Big Tech. And while the goal may be uniformity, there’s still a lack of concrete detail about who would be...
The grills are hot. The July Fourth fireworks are primed to sizzle in the night sky. For Big Tech, a long hot summer may give way to … … well, perhaps not all that much relief. At least not on Capitol Hill. And certainly not...
China is a notoriously challenging jurisdiction for foreign payment service providers to operate as the nation prioritizes local industry leaders. Gradually, however, and with a focus on expanding access to digital financial services, China has begun to open up its market to non-Chinese PSPs, with...
Small businesses’ late payment pains know no borders. This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with the matter reaching from the U.S. to Australia and beyond. Recent Bloomberg reports, for instance, highlighted the ongoing impact of...
July 11, 2017
The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. It’s very deliberate. Of course, there’s a measure of inspiration thrown in, too, but a good idea without an application, […]
October 24, 2016
The U.K. has taken some of the most high-profile actions to combat late B2B payments, but it’s a global problem, as the latest research reveals. PYMNTS explores newly released data...
March 11, 2025
Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). The PSR is roughly equivalent to the Consumer Financial Protection Bureau (CFPB), and the decision is part of a broader effort by the Starmer government to […]
August 25, 2017
The U.S. Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. The Fed first announced Dave Sapenaro as the successor to the role on...
November 24, 2016
Developing markets are quickly increasing their rate at which paycards are accepted, according to the latest research by RBR. The company revealed its “Global Payment Cards Data and Forecasts to...
