Retail group wants biz card swipe fee caps, FTC creates technology task force and HSBC links with alt lender for mid-market
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 272019

       BUSINESS TO BUSINESS EDITION

Earnings

Worldpay’s Tech Solutions Sales Up 21 Pct In Q4

Worldpay reports results for the fourth quarter of 2018 that top expectations, marked by organic growth in its core payment processing operations. CFO Stephanie Ferris says Worldpay continues to take share in the integrated payments arena, and sees promise in verticals such as restaurants and the B2B space.

 

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Commercial Cards

UK Retailers Want Commercial Card Interchange Fee Caps

As the European Commission continues its battle against interchange fees, commercial cards remain left out of the debate. The British Retail Consortium wants to change that, and is now calling on regulators to simplify swipe fee cap rules to include corporate cards.

 

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SMB Banking

Industry 4.0 Pulls South Africa's SMB Banking Sector Into The Technology Mix

South Africa's unique history and a decade of economic struggles make for a challenging market for FinTech innovators. Yet, the country isn't impermeable to the impact of the Fourth Industrial Revolution. Michael Sassoon, CEO of Sasfin, discusses the effects of Open Banking, a high mobile phone penetration rate and the lingering impact of apartheid on South Africa's small business banking sphere.

 

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