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Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations

PYMNTS

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

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Uber’s Offer For Daimler/BMW's Free Now Tops €1B

PYMNTS

21) report in the German monthly business magazine Manager Magazin, per Reuters. . Daimler is reportedly ready to sign, but Oliver Zipse, chief executive officer of BMW, has indicated that he would rather sell Uber just a stake in Free Now, the magazine said. Your Now is available in more than 100 cities.

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SMB-Focused Lender Judo Bank Attains Unicorn Status

PYMNTS

Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. The bank has seen an avalanche of funding in recent times, as this recent round comes 10 months after it was able to secure $261.6

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Hudson To Add Amazon’s Just Walk Out Technology To Its Popular Airport Convenience Stores

PYMNTS

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. .

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After Subscription Stumbles, How Patreon Won Back Customer Trust

PYMNTS

They tap into consumers’ need for convenience, flexibility and affordability in buying or renting products or services, securely and in real time. Magazine and newspaper subscriptions are popular services that have been around for decades, making them a favorite for bad actors as well.

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The new wave of fintech: Enterprises into ecosystems

Insights on Business

In our latest issue of Exponent magazine, Transforming the Enterprise into the Ecosystem , we discuss how financial services institutions are turning the enterprise into an ecosystem. Download it here: Exponent Magazine, Issue 2. The real return on risk and compliance technologies. By Grace Brasington. By Don India.

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Fraudsters Try New Spins On The BEC Scam

PYMNTS

New analysis from Bank Info Security , for instance, revealed that BEC scammers have begun to target corporates’ financial documents from accounts receivable departments to identify unpaid invoices, as well as information regarding Days Sales Outstanding and clients. The Business Email Compromise (BEC) continues to evolve.

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