News

B2B Payments
Today in B2B: Independent Contractors Want Their Wages Sooner; Visa Partners With Tribal for Latam...
February 28, 2022

Today in B2B payments, 90% of independent contractors want to be paid daily, on-demand or at least weekly, while Visa’s partnership with Tribal means increased service for Latin American and Caribbean customers. Plus, 4thWave rolls out a B2B platform in the United Arab Emirates, and...

International
Wise, Remitly Suspend Money Transfer Services to Russia
February 28, 2022

Both cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia due to the sanctions there and the ongoing military action in Ukraine, Reuters reported Monday (Feb. 28). Get the Full Story Complete the form to unlock this article...

International
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth...
February 28, 2022

In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of Ukraine; Apple is facing its sixth weekly fine of $5.7 million for what a Dutch regulator called the tech giant’s...

CFPB
CFPB Wants to Put Brakes on Illegal Repos
February 28, 2022

The Consumer Financial Protection Bureau (CFPB) issued a compliance bulletin Monday (Feb. 28) aimed at halting illegal car repossessions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Retail
Lowe’s Unveils DIY-U by Lowe’s Digital How-to Project Workshop Portal
February 28, 2022

Lowe’s has debuted DIY-U by Lowe’s, a collection of on-demand, digital, instructor-led, home improvement skill-building project workshops, according to a Monday (Feb. 28) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
B2B Finance Platform Upswing Raises $4M
February 28, 2022

Open B2B finance platform Upswing Financial Technologies has raised $4 million from global fund QED Investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

International
Software Provider Clear Unveils SMB Invoice Discounting Product
February 28, 2022

Online tax and FinTech software provider Clear has been getting into lending and has rolled out its new invoice discounting product for small- to medium-sized businesses (SMBs), Economic Times reported Monday (Feb. 28). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Cyberattack Forces Closure of Toyota’s Japanese Factories
February 28, 2022

Toyota said it will suspend production at its Japanese factories after a cyberattack directed at a supplier of plastic and electronic components, triggering a loss of about 13,000 cars, according to a on Monday (Feb. 28) Reuters report. Get the Full Story Complete the form...

Investments
IndiaMART Purchases Stake in Realbooks
February 28, 2022

Indian B2B marketplace IndiaMART will invest $1.8 million in Realbooks, a cloud-based accounting software platform, a move that gives it a 26.01% stake in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...