News

eCommerce
AB InBev Launches BEES B2B eCommerce Platform in UK
August 28, 2022

Budweiser Brewing Group U.K. owner AB InBev has plans to debut its B2B eCommerce platform, called BEES, in the U.K., which a company press release says will give retail customers more insights and flexibility. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Secret Service Recovers $286M in COVID Aid Stolen by ID Fraud
August 28, 2022

The Secret Service has reportedly recovered $286 million in COVID-19 relief funds that had been obtained illegally by people using fake identities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

eCommerce
Etsy Requires US Sellers to Verify Bank Accounts
August 28, 2022

Etsy will be requiring sellers on its platform to either self-verify their bank accounts or do it through a another platform, so as to comply with anti-money laundering regulations, Reuters wrote Friday (Aug. 26). Get the Full Story Complete the form to unlock this article and...

B2B Payments
B2B Startup Aksum Trademart Looks to Raise $25M for Expansion
August 28, 2022

India’s Aksum Trademart, a B2B startup which helps supply raw materials to small- to medium-sized businesses (SMBs) and enterprises, is reportedly looking to raise $25 million to expand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
GoTab: Resistance to Automation Keeps Stadium Payments Stuck in the Past
August 26, 2022

As digital technologies become increasingly advanced, new opportunities are emerging to unify previously disparate ecosystems within one connected payments systems and consumer-facing platform. Noting this opening, restaurant commerce platform GoTab recently announced (Aug. 22) the launch of GoTab for Multi-Operator Locations, which allows venues such...

B2B Payments
Today in B2B Payments: New B2B Products Aim to Help Cannabis, Meat Industries
August 26, 2022

Today in B2B payments, a B2B buy now, pay later (BNPL) option that helps cannabis retailers pay their vendors is expanding after a successful pilot program and a platform designed to solve many challenges for meat processing plants speeds up its global rollout.  Get the...

International
BLIK Goes International With VIAMO Acquisition
August 26, 2022

Polish Payment Standard (PPS), the operator of Poland’s popular mobile payment solution BLIK is set to acquire the Slovakian mobile transaction service provider VIAMO, marking an important international expansion for the Polish firm. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
August 26, 2022

The federal government’s plan to forgive some student loans isn’t up and running yet, but it’s certainly been getting a lot of coverage in the news. And, as is often the case with high-profile news involving money, that means scammers are already trying to take...

B2B Payments
Data Brief: 6 in 10 SMBs Say All-in-One Payments Systems Save Time
August 26, 2022

Small and medium-sized businesses (SMBs) recognize that adopting an all-in-one solution could simplify accounts receivable (AR) management. Six out of 10 SMBs believe an all-in-one solution would save them time on tasks, according to a recent PYMNTS survey. Get the Full Story Complete the form...