News

B2B Payments
Banks, Your Window Of Opportunity For SMEs Is About To Close
June 03, 2016

Small business owners are considered followers of consumer trends in terms of payments technologies; entrepreneurs use digital financial services in their personal lives, so that will naturally carry over into when they are managing the finances of their companies. SMEs aren’t getting the banking services...

B2B Payments
Visa Egypt Targets Financial Inclusion Via Payroll Cards
June 03, 2016

In the U.S., the debate continues over the payroll card and whether it’s a tool to provide key resources for underbanked employees or one that unfairly burdens them with fees. Proponents of the tool argue that they offer underbanked workers access to the banking system...

Security & Fraud
Bank Of America’s Authentication Mantra
June 03, 2016

As banks look to expand their digital offerings, they face the challenge of creating solutions that are simple enough to encourage adoption, yet secure enough to safeguard financial data. The May edition of the Digital Identity Tracker™ profiles Hari Gopalkrishnan, Client Facing Platforms Technology Executive...

B2B Payments
Accounting Scandal Hits Oracle Cloud
June 03, 2016

Oracle has been in a tight race with rivals, like Salesforce and SAP, to provide cloud services to the enterprise. But a lawsuit filed on Wednesday (June 1) says Oracle could be in hot water over its own use of the cloud. According to reports,...

Payment Methods
Looking At Creditworthiness, Backwards And Forwards
June 03, 2016

Determining who represents good credit risk – and who doesn’t – is as much art as science for card issuers and other lenders. VantageScore 3.0 can begin to help lenders discover the meaning behind credit score movements big and small, says SVP Sarah Davies.

B2B Payments
4TiGO Tackles India’s Fragmented B2B Logistics Payments
June 03, 2016

Logistics is complicated in India, a fragmented market that struggles to streamline organizational processes, including B2B payments. One startup has just launched in the country in an effort to sort out some of the friction in logistics, and that includes payments issues. Reports on Thursday...

B2B Payments
Data, Security Monopolize B2B Funding Rounds
June 03, 2016

There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. Such was the case for several companies profiled this week by The New York Times, which shed light on the minority of startup owners that...

International
Unveiling Stockholm’s Stealth Startup Breeding Ground
June 03, 2016

Don’t let Sweden’s relatively small size fool you, for within it lies what many consider to be a hotbed for startups and tech innovation. PYMNTS caught up with Sebastian Siemiatkowski, co-founder and CEO of Klarna, a startup “unicorn” that got its start in Stockholm, to...

How Long Will Bitcoin’s Price Boom Stick?
June 03, 2016

Is bitcoin making a comeback? Oh, if we had a bitcoin for every time we’ve heard that question. Actually, that would be pretty difficult to calculate how much we’d actually have in real dollars since its price trend is so volatile. Every time bitcoin shoots above...