News

Security & Fraud
Lawmakers Could Bar Private Company Ransomware Payments
October 26, 2021

Lawmakers could introduce legislation banning private companies from making ransomware payments, MarketWatch reported. 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 newsletter, PYMNTS Today....

B2B Payments
Today in B2B: B2B Payments Getting More Real By 2025; SMBs Make More Money with...
October 26, 2021

Today in B2B payments, banks must offer their business customers lower costs, more speed, convenience and transparency, with B2B payments made increasingly in real time. Plus, 56% of small and medium-sized businesses (SMBs) say immediate payment platforms lead to more revenue, and while real-time payments...

B2B Payments
PNC on Killing B2B’s ‘Sacred Cows’ on the Road to Better Payments Experiences
October 26, 2021

In B2B, the “match game” is the part of the payments process that no one loves, yet the game is played by all: Matching, of course, the invoices and the PDFs, the paper checks to the payments … which ultimately, slowly, winds up as cash in...

Retail
Today in Retail: Hasbro Reports $100M of Unfulfilled Orders; Amazon Launches Local Pickup for Sellers
October 26, 2021

In today’s top retail news, Rhode Island-based Hasbro said $100 million of products were ordered but undelivered in the third quarter, while UPS is focusing on expanding its volume of eCommerce packages from small and medium-sized business. Also, Amazon is allowing third-party sellers on its...

Faster Payments
Citi Offers Digital Bill Payment Through RTP Network
October 26, 2021

Citi’s Treasury and Trade Solutions (TTS) division has begun to allow digital bill payment through the RTP network, The Clearing House’s (TCH) real-time payment network, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
62% of Firms That Automated Accounts Receivable Report DSO Improvement
October 26, 2021

Managing accounts receivable (AR) struggles in a remote working environment is not without its challenges, as many companies have learned during the pandemic, but automation has helped companies blunt the impact and keep their cash flow steady. Get the Full Story Complete the form to unlock this...

B2B Payments
UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
October 26, 2021

The United Arab Emirates’ Mashreq Bank is working with Visa on a digital reconciliation platform that can track, trace and analyze company expense accounts, The FinTech Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Meal Delivery Service RealEats Wraps $16M Series A
October 26, 2021

RealEats has just raised some real money. The meal delivery service announced on Tuesday (Oct. 26) that it had concluded a $16.3 million Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Gearing up to Go Public, Sweetgreen’s Aggressive Digital Efforts May Be Misdirected
October 26, 2021

Sweetgreen may be making major investments in digitizing its restaurants, but for a restaurant chain so focused on technology, it has made some odd choices when it comes to one of the most significant digital drivers of revenue: loyalty rewards. Get the Full Story Complete...