News

Partnerships / Acquisitions
WUBS To Be Rebranded Convera, Recruits Amazon Pay Exec As CEO
August 12, 2021

Western Union Business Solutions (WUBS) is slated to acquired by Goldfinch Partners and The Baupost Group in a $910 million deal that will rename the business Convera, according to a press release on Thursday (Aug. 12).  Get the Full Story Complete the form to unlock...

B2B Payments
Artificial Intelligence Enters Media AP Departments To Return Lost Time And Money
August 12, 2021

The media and advertising arena has undergone dramatic changes over the years, with immense impact on how services are billed and paid for. As organizations navigate their internal digital transformations, adjusting accounts payable (AP) workflows to support those billing shifts is far from simple. Get...

B2B Payments
Real-Time Payments Makes Real Headway For Corporates
August 12, 2021

Real-time payments is making headway for corporate end users in this week’s Payment Rails Innovation Roundup. While J.P. Morgan debuts its new real-time payment service for corporates, on the other side of the world, Azupay loops into Australia’s New Payments Platform for Xero’s small business...

Digital Banking
Branches Are The Hub For Digital Bank Services And Retaining Customer Trust
August 12, 2021

We used to live in an age when banking was unbundled. Some services you did online, and some necessitated a visit to the branch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
New Research Shows Instant Authentication Key To Open Banking Success
August 12, 2021

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. By completing this form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
Agility Guides The Multitasking CFO Toward Modernization
August 12, 2021

For a moment earlier this year, corporate finance leaders began to take a retrospective look at how they overcame the many challenges involved in maintaining operations through a global pandemic. The economy appeared to be on a steady path toward opening back up, and chief...

Payment Methods
Businesses Now Eclipse Consumers In Digital Gift Card Giving
August 12, 2021

On the consumer side of gift card giving, that tangible piece of plastic still has a foothold that is likely to stick around for quite some time. That’s because when one is giving a gift — for a birthday holiday, special event, etc. — it...

B2B Payments
Azupay Rolls Out Real-Time Payments
August 11, 2021

Azupay has rolled out PayID powered by Azupay, a new real-time payment option that will integrate with Xero, the company announced Wednesday (August 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Air Taxi Service Joby Goes Public In SPAC Deal
August 11, 2021

Aerial rideshare company Joby Aviation went public Wednesday (Aug. 11) following a “business combination” with special purpose acquisition company (SPAC) Reinvent Technology Partners that values Joby at $4.5 billion, according to a press release. Get the Full Story Complete the form to unlock this article...