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Payroll Cards Find Opportunity In Corporates’ Digitization Push

PYMNTS

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. Boost Bolsters BMO Harris Bank’s Biz Cards. Global Cash Card’s Legal Saga Ends. ” Mastercard, EedenBull Expand Into APAC.

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . The fee is cheaper than that of many current card processors, and the app doesn’t require a merchant to buy a card reader. Founded in 2013, Nubank currently claims 8.5

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How Cannabis Can Become A B2B Payments Innovation Influencer

PYMNTS

For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved. According to Daniel Muller , CEO of AeroPay , perhaps they don’t need that ability.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

From shifting use of various payment rails like ACH and cards, to deployment of FinTech technologies, to changing supplier payment habits, the report offers a glimpse at the current state of B2B payments – and where the industry may be headed. “As But how businesses reshape their payment practices varies. Payments Rails.

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Open banking APIs are open for business

Insights on Business

Open banking is a term that is associated with a broad set of initiatives that align to one of these three principles: Banking customers are empowered as the owners of their financial data. . Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties.

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Can The Wealthiest City Win At FinTech?

PYMNTS

Tokyo is well-known for its strong economy and significant presence in the financial world. Its ranking as the world’s second largest economy has made it a hotspot for many global banking and financial firms looking to set up regional headquarters. “FinTech will have a big impact on financial services.”

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LendingClub Settles With SEC, DOJ

PYMNTS

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As The Aftershocks.

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