News

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...

International
Today In Payments Around The World: Chinese Regulatory Crackdown Keeps Growing, Facebook Nears Novi Launch
August 26, 2021

Today in payments around the world: Facebook’s launch of its Novi cryptocurrency wallet could include NFT capabilities, and European flights began to rebound. Plus, there’s no end in sight to China’s regulatory crackdown, and Airwallex comes to the U.S. Get the Full Story Complete the...

Fintech Investments
US Bank Now Limited Partner in 2 FinTech VCs
August 26, 2021

Five years ago, U.S. Bank created a dedicated FinTech unit designed to find emerging companies that can help the bank improve its customers’ digital and mobile experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Visa, AMF, Partner For Faster Cross-Border Payments
August 26, 2021

The Arab Monetary Fund (AMF) and Visa have signed a memorandum of understanding to enhance cross-border payments. 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...

B2B Payments
B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
August 26, 2021

Embedded financial services platform HUBUC, a Software-as-a-Service B2B company, announced on Thursday (Aug. 26) that it has joined forces with Transact Payments to offer physical credit and debit cards to business clients across the U.K. and European Economic Area (EEA) markets. Get the Full Story...

Retail
Grocery Roundup: In The UK, Labor Shortage Compromises Christmas Dinner
August 26, 2021

Good news for Ebenezer Scrooge and only Ebenezer Scrooge: Christmas in the United Kingdom is under threat. At least, its food supply is. Major grocery executives are warning that the truck driver shortage could threaten the availability of popular Christmas products. Get the Full Story...