PYMNTS

FEBRUARY 21, 2020

The Spending Insights tool uses data from Google Maps to find out where and when a payment was made. It also includes Payment Track’s fraud prevention capabilities, which enable users to immediately put their account on hold if they see anything suspicious. banking license and anticipates getting approval in the first half of 2020. .

Credit Risk 64

Credit Risk Startups Accounting Banking 64

PYMNTS

APRIL 30, 2019

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The financial services space often encounters the conundrum of trying to fit a square peg in a round hole.

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

DECEMBER 30, 2019

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . RBI added that the payments will be treated just like regular ones in terms of resolving transactions that didn’t go through.

Banking 52

Banking Transportation Retail Technology 52

PYMNTS

JANUARY 11, 2021

Let the games, as they say, begin – as a bidding war seems to be in the works, with an eye on self-service banking. As noted in this space over the weekend, there already exists a preliminary agreement between Cardtronics and the investment firms, but the higher price tag offered by NCR will likely spark a re-examination of a deal.

Banking 57

Banking Leverage Numbers Sales 57

PYMNTS

FEBRUARY 24, 2020

Intuit closed a deal to buy Credit Karma for a price tag of $7.1 Lately, banks, payment processors, brokerage firms and others have been scrambling to acquire startups and companies considered disruptive or innovative in the field. Global Payments spent $27 billion doing an all-stock buyout of TSYS.

Startups 60

Startups Banking Technology Sales 60

PYMNTS

DECEMBER 11, 2020

The open banking platform’s valuation is up more than 60 percent from the €415 million it was worth in January. The feature is expected to appeal to creators and brands, and will also allow users to add shopping tags to their posts. eBay: Offline Payment Preferences Are Changing Online Habits.

Valuation 56

Valuation Startups eCommerce Banking 56

PYMNTS

FEBRUARY 19, 2018

With the advent of emerging FinTech startups, banks face some competition for payments. When a consumer or a company wants to send a payment, they can now do so instantly from their smartphone with services such as Apple Pay or Venmo. percent — of payments executives are focused on real-time payments.

Startups 57

Startups Retail Banking eCommerce 57

PYMNTS

SEPTEMBER 4, 2020

The PYMNTS Weekender has all the latest reading material on payments and commerce news you'll need for the long weekend. We dive into PayPal's installment options, consumer trust in digital banking, and Walmart and Amazon's battle for the digital consumer. Labor Day weekend is here, bring us some welcome respite from a long summer.

Banking 70

Banking Retail eCommerce Leverage 70

Simply Treasury

JUNE 3, 2021

API’s have shown the use banks and corporates can make out of them. The third one is the real-time collection and payment (we can see that immediacy and the time factor have become crucial, at least for certain industries and B2C’s) and finally immediate (automated) management of foreign exchange risk.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

OCTOBER 20, 2020

To be sure, subsidiaries such as Waze and Google Maps, and newly installed efforts to bring banking into the Google ecosystem pale, at least as measured as revenue generators, next to efforts that generate tens of billions of dollars annually. Banks, Too . News Tuesday (Oct. Haze Surrounding Waze? . In sight has been the $1.1

Budgeting 52

Budgeting Banking eCommerce Numbers 52

PYMNTS

APRIL 18, 2019

Since many European Union (EU) countries have now brought PSD2 and GDPR fully into their financial infrastructures, banks and merchants must prepare for the upcoming Strong Customer Authentication (SCA) rule and its fast-approaching September deadline. The change is just one of many that PSD2 is bringing to payments within the EU.

Compliance 74

Compliance Restructuring Securities Banking 74

PYMNTS

OCTOBER 7, 2020

Businesses and financial institutions (FIs) are following suit, reordering their products and services for a new digital normal — but unfortunately, fraudsters are tagging along. Consumers are still placing a premium on speed, with many looking to onboard with new banks or merchants as quickly as possible. About The Tracker.

Securities 89

Securities Banking Leverage Technology 89

PYMNTS

OCTOBER 19, 2018

Reports from MS Power User said Microsoft’s MileIQ unit is rolling out Spend, a business expense tracking solution for Apple mobile devices that automates data entry by linking into users’ bank accounts and cards. Purchases can be categorized as business or personal spend, while users can also add custom tags to purchases.

Healthcare 55

Healthcare B2B Communication Banking 55

PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate.

Profit and Loss 59

Profit and Loss Economics Banking Accounting 59

PYMNTS

SEPTEMBER 30, 2020

The Dubai International Financial Centre ratified the original version of its Data Protection Law (DPL) in 2007, for example — about a year earlier than Europe’s official General Data Protection Regulation (GDPR) and first Payment Services Directive (PSD) launches. The Data Privacy Twist . Merchants And The Global Privacy Battle .

Banking 70

Banking Securities Compliance Finance 70

PYMNTS

NOVEMBER 6, 2018

. Last year, only 25 real-time payment systems were operational worldwide — that number is growing rapidly. In the November Faster Payments Tracker , PYMNTS details the latest payments system debuts and updates. Around The Faster Payments World. What Hong Kong’s New Faster Payment System Brings. Even as the U.S.

Education 53

Education Banking Leverage Numbers 53

CFO Simplified

DECEMBER 26, 2021

We know, however, that hiring a full-time CFO can come with a hefty price tag. A part-time outsourced CFO provides the strategy of a C-Suite member without the price tag. . Bookkeepers will apply for payments, issue checks, and reconcile the bank and credit card statements at month-end. What is a Large Company?

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

APRIL 12, 2019

Wibmo’s offerings span security, quick-response (QR) codes, authentication, mobile payments and prepaid cards. The company also works with merchants and banks, and has consumer-facing offerings as well. The news comes as PayU announced the acquisition of payments technology platform ZOOZ last July.

Leadership 43

Leadership Startups Securities Investments 43

PYMNTS

OCTOBER 9, 2018

How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? FinTech firm ToneTag said earlier this month that it has linked with First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE). The latter will deploy sound-based contactless payments.

Communication 60

Communication Transportation Retail B2B 60

PYMNTS

MAY 11, 2017

Reports Wednesday (May 10) said Moneycorp has agreed to acquire Commonwealth FX, though the companies did not disclose the price tag of the deal, but did say that it would finance it by paying 20 percent using cash on hand. and facilitates more than $3 billion in cross-border payments. particularly well,” he told the publication.

Foreign Exchange 43

Foreign Exchange B2B Finance Leverage 43

PYMNTS

OCTOBER 7, 2019

After spying on email correspondents, those hackers then use that information to craft strategically-timed emails requesting an invoice payment — a sophisticated iteration of the Business Email Compromise (BEC) scam that is “particularly hard to spot,” Agari warned. percent for small banks. Smaller Lenders Fall Victim.

B2B 62

B2B Invoicing Corporate Finance Transportation 62

PYMNTS

SEPTEMBER 19, 2019

Digital payments volume is increasing as emerging technologies enable more seamless online transaction experiences for consumers and businesses. The outlook for banks, businesses and consumers to remain protected could significantly improve with the systems’ prevalence. . The High Costs Of Fraud . Getting AI Security Right .

Securities 51

Securities Technology Banking Accounting 51

PYMNTS

APRIL 22, 2016

Recent findings by CapGemini in its annual World Banking report show that banks are moving toward the crossroads of the build or buy debate. FinTech companies have been doing a good job of eating into banks’ turf, and yet it is the banks that are seemingly watching without really acting as quickly as they might or should.

Banking 41

Banking Valuation Currencies Technology 41

PYMNTS

JUNE 13, 2018

New data from Greenwich Associates put a price tag on that effort: According to Bloomberg reports Tuesday (June 12), the financial services market spends an estimated $1.7 billion dollars every year on blockchain as banks and other companies emerge from proof-of-concept stage into market launches and commercial products.

Planning 44

Planning Budgeting Technology Banking 44

PYMNTS

JULY 31, 2017

Visa , a global payments technology company serving more than 200 countries and territories, has announced two new appointments to its India and South Asia teams. She played a similar role for high-end retail chain TAG Heuer during its early days in India, and previously worked for cosmetics brand L’Oreal.

Leadership 40

Leadership Retail Marketing Banking 40

PYMNTS

APRIL 28, 2016

Visa has secured the spot as the exclusive payment provider for the 2016 Olympic Games in Rio for the 30th year running. Visa also said it is expanding its sponsorship across Olympic Games host cities, facilitating the development and advancement of payment infrastructure in those markets.

Currencies 40

Currencies Securities Banking Sales 40

PYMNTS

SEPTEMBER 23, 2019

One quote in the book that is particularly relevant to one of the hottest topics in payments today goes like this: “ Comfort is the enemy of progress.”. Inertia can be the death knell of any innovation – and in payments, it’s the proverbial showstopper. In business, comfort is commonly referred to as inertia.

B2B 61

B2B Leverage B2C Investments 61

PYMNTS

JULY 5, 2017

Falling sterling and growing digital payments make not-so-strange bedfellows. In the payments realm there’s been a bit of focus on the Alipay for MoneyGram deal, with its regulatory oversight of a transaction that would be truly global in scope. And as reported in this space, payments volumes were up 80 percent year over year.

eCommerce 40

eCommerce Currencies Valuation Forecasting 40

PYMNTS

JUNE 18, 2018

One of the biggest initial public offerings (IPOs) in Japan may herald a sea change across a number of fronts: in payments, how the Japanese population views budgeting and how marketplaces are evolving in that country. The impact is such that the Central Bank of Japan has recognized the impact tech is having on shopping.

Budgeting 46

Budgeting Retail Sales Marketing 46

PYMNTS

MARCH 2, 2016

Among one of the loudest of these blockchain champions is Ripple, a FinTech firm that has recently secured millions of dollars in investments and strategic partnerships aimed at promoting blockchain technology’s use for traditionally friction-rich areas, like cross-border payments and real-time payments. ” A Bit Of Background.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. billion wasted in Australia due to SME banking “red tape,” says payments company Tyro. 139 billion could be saved by U.K.

Finance 40

Finance Accounts Payable Startups Banking 40

PYMNTS

APRIL 3, 2018

In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. In the late summer of 1979, both Mobil and Texaco dropped bank cards, and others soon followed.”.

General Ledger 43

General Ledger Retail Banking Numbers 43

PYMNTS

JANUARY 28, 2019

And last week in payments and commerce was particularly drizzly — between real money launderers making use of fake video game funds, regulatory fines and earning fumbles, all kinds of players were reaching for their umbrellas over the course of the week. For Q4, the bank said provision for credit losses increased 29 percent to $1.6

Advertising 51

Advertising Retail Currencies Banking 51

PYMNTS

SEPTEMBER 19, 2017

Plus, the Google Calendar App now integrates with QuickBooks Online and QuickBooks Online Accountant, Intuit tools which help SMBs manage their banking, invoicing, taxes, accounting and employees. It is unclear whether the iPhone X’s $999 price tag will drive Google to raise its prices as well. Take My Money.

Invoicing 40

Invoicing Cash Management Manufacturing Securities 40

PYMNTS

MARCH 25, 2019

While the competition part of the story is usually where the action is in payments and commerce – who’s ahead, who’s behind, who’s innovating, who’s imitating – sometimes the news isn’t about who is getting ahead, but who is working harder to get there. merchant customers. Instagram and PayPal Pair Up for Instacommerce.

Reconciliations 50

Reconciliations eCommerce Retail Currencies 50

CFO News Room

JANUARY 24, 2023

The former FBI official busted Monday for allegedly taking illegal foreign payments played a key role in the bureau’s controversial ‘Russiagate’ probe of former President Donald Trump — and a ‘defensive briefing’ of ex-rival Hillary Clinton’s lawyers. The price tag was just shy of $9,000 — a reduced rate. Recently, U.S. Recently, U.S.

Manufacturing 130

Manufacturing Construction Economics Banking 130

Strategic Treasurer

DECEMBER 27, 2021

And the idea of platforms, even SWIFT has they’re shifting to a payment messaging platform, as opposed to just transporting data and ensuring the handoffs are right, a central place for managing messages, providing better visibility. ” We’ve heard about open banking for a while back from when PSD two came into play. .”

Treasury 52

Treasury Currencies Banking Planning 52