News

B2B Payments
Klara Debuts Modmed Pay Interface for Patient Payments
August 29, 2021

Klara, a producer of platforms to let medical practitioners interact with patients via the internet, and payments systems provider Modernizing Medicine, have inked a deal to pair some of their offerings, the companies announced in a press release. Get the Full Story Complete the form...

B2B Payments
Morocco’s eCommerce Startup Chari.ma Acquires Mobile Credit Book App
August 29, 2021

Chari.ma, a Moroccan company that supplies some of what the company stated are 200,000 convenience stores in the country, has completed an acquisition and raised capital, according to published reports and news releases. Get the Full Story Complete the form to unlock this article and...

Regulation
SEC Scales Up Probe Into Stock Trade Gamification
August 29, 2021

The Securities and Exchange Commission (SEC) is ramping up its attempts to look into the “gamification” that online brokerages use to draw in subscribers, according to a statement by SEC Chair Gary Gensler. Get the Full Story Complete the form to unlock this article and...

Bitcoin
Bitcoin Daily: Brazilian Federal Police Seize $27.6M in Bitcoin From Alleged Ponzi Scheme; Swiss Luxury...
August 29, 2021

Brazilian federal police have uncovered around $27.6 million in bitcoin after a series of reported Ponzi schemes from one company, The Daily Hodl reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Zeal Nets $13M to Build Its Custom Payroll API
August 29, 2021

Application programming interface (API)-first payroll infrastructure provider Zeal has ended a Series A funding round with $13 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
NYCM Insurance Debuts Snapsheet’s Cloud-Based Disbursements
August 29, 2021

Snapsheet, which works with cloud-native claims management, announced that its services will be used by NYCM Insurance, which offers coverage to residents and businesses in New York state, according to a press release. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Virtual Cards Improve B2B Processes As Employees Work Remotely
August 27, 2021

When office spaces closed and staff began working from home in response to the COVID-19 pandemic, employees still needed to send and receive payments on behalf of their companies. As a result, companies had to support daily expenditures for their remote workforces as well as...

Retail
Today In Retail: Peloton Subpoenaed Over Treadmill Injuries; Amazon, Walmart Remain Neck-and-Neck For Retail Lead
August 27, 2021

In today’s top retail news, Peloton has been subpoenaed by the federal government over its handling of dozens of reported injuries caused by treadmills, and PYMNTS data show that Amazon has held onto its front-runner status over Walmart for the third quarter in a row,...

B2B Payments
Buyers, Sellers Moving From Paper Checks To Virtual Cards To Boost Efficiency
August 27, 2021

Paper checks remain a staple in the B2B payments space, but their inherent limitations are leading some buyers and sellers to seek better alternatives. As a result, the number of buyers paying suppliers with paper checks has dropped 7 percent during the pandemic, PYMNTS reports....