News

B2B Payments
Plate IQ Teams With Foodbuy Foodservice On Rebates
August 26, 2021

Food service procurement and supply chain company Foodbuy Foodservice has announced a partnership with hospitality-focused accounts payable (AP) automation and expense management company Plate IQ, according to a Thursday (Aug. 26) press release. Get the Full Story Complete the form to unlock this article and...

Investments
Hiring Platform Workstream Lands $48M In Series B
August 26, 2021

Hiring platform Workstream has raised $48 million in a Series B funding round, the company announced Thursday (Aug. 26) in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Hacker Admits To T-Mobile Data Breach, Targeted Unprotected Router
August 26, 2021

A hacker, taking responsibility for breaking into T-Mobile’s systems, said the job hadn’t been difficult, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
B2B Payments Today: Cannabis Digital Infrastructure Growing; Data Shows SMBs Turn To Digital
August 26, 2021

Today in B2B payments, cannabis digital infrastructure platform Jane Technologies raises $100 million in Series C funding. Plus, data shows Main Street small businesses turned to digital to boost sales and Finexio is enhancing its accounts payable software with $8 million in fundraising. Get the...

Social Commerce
Twitter Launches Ticketed Spaces On iOS To Monetize Content
August 26, 2021

Twitter has rolled out the ability for some users to create Ticketed Spaces, referring to the social media giant’s live audio conversation platform, according to a series of tweets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Kyriba, Openpay Partner To Boost B2B Payments Capabilities
August 26, 2021

Cloud-based finance and IT solution firm Kyriba has teamed with FinTech buy now, pay later (BNPL) payments company Openpay to boost the use of Openpay’s OpyPro Software-as-a-Service (SaaS) firm to help B2B payments for companies, according to a press release. Get the Full Story Complete...

Security & Fraud
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
Bitcoin Daily: Netki, Polymath Team On Blockchain Identity Verification; Facebook’s Kate Rouch Named As Coinbase...
August 26, 2021

Netki, a Los Angeles-based know your customer (KYC)-anti-money laundering (AML) regulatory technology provider, has begun working with Polymath, a blockchain technology provider, to add blockchain-specific identity verification to the blockchain Polymesh that Polymath has created, according to a press release. Get the Full Story Complete...

Retail
Today In Retail: Department Stores See New Model; Ulta Beauty Plays Offense In Recovering Industry
August 26, 2021

In today’s top retail news, an increasing number of retail partnerships are paving the way for a potential new way of doing business, including the collaboration between Ulta Beauty and Target that is continuing to roll out. Also, Ace Hardware is planning a new distribution...