Bank of America is out with its latest Bank of America Trends in Consumer Mobility Report, which finds that 36 percent of adults in the U.S. are using person-to-person (P2P) payment services, with millennials leading the charge at 62 percent. Get the Full Story Complete the...
While the rollout of EMV in the U.S. has worked to improve the security and authentication of card payments, the technology has become synonymous with a slower checkout process. Depending on the terminal in question, EMV transactions can take between seven to eight seconds to...
Corporations are on individual paths to digitization, with each enterprise at a different stage than the next. For some companies, the struggle to get off paper and manual processes is a challenge. But the rise in B2B eProcurement and eCommerce is helping firms make that...
Cloud accounting firm Xero hit $47.3 million in losses during the fiscal year, but its latest earnings data aren’t all so bleak. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A U.K. regulator has fined PwC $6.5 million — a record for the watchdog, reports said — for misconduct during its audit of Connaught. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Corporate payments company WEX is broadening its existing partnership with warranty management software company PCMI Corporation. 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...
B2B FinTech startups across the U.S., U.K., Europe, Asia and the Middle East landed some more money in their pockets thanks to investors. Funding was modest and, in a few cases, kept secret, but the variety of investment activity is a positive sign for the...
While shopping online is not much of an event for anyone anyplace on Earth at this point, Hyperwallet Managing Director for Asia-Pacific, Simon Banks, noted that even in the very recent past that wasn’t quite the case. Get the Full Story Complete the form to...
The drumbeat of financial firms looking for an exit from the U.K. in advance of Brexit is getting louder. Ernst and Young noted this week that firms operating in investment banking and insurance are disclosing plans move from the U.K. Get the Full Story Complete...
