FinTech startup Banking Circle is tapping SIA, a subsidiary of CDP Equity, to handle its real-time payments service in Europe, The Green Sheet reported on Thursday (July 22). Headquartered in Milan, Italy, SIA is among the European leaders in developing and managing technology infrastructures for...
B2B application programming interfaces (APIs) aren’t just for large enterprises anymore — middle-market firms and SMBs now realize their potential for enabling low-cost access to real-time payments and account data. But those capabilities are only the tip of the API iceberg, says HSBC global head...
The proliferation of real-time payments around the globe has had serious implications on liquidity management. Maintaining a safe level of working capital is critical for banks and corporates, which need enough funds to continue normal operations should they be struck by an economic downturn or...
Gig workers are an exploding workforce in the U.S. According to the PYMNTS.com Gig Economy Index, these workers account for 3.7 percent of total GDP — which amounts to more than $711 billion in income this year alone. At the same time, payroll cards are experiencing...