News

B2B Payments
Bringing Down The Gavel On Corporates’ Excess Legal Spend
June 03, 2021

In the most litigious nation on the planet, corporations are spending big bucks on their legal departments. Over the last year, corporate legal spend has risen, driven by a variety of factors, from data privacy issues to pandemic-related business interruption matters. Get the Full Story...

B2B Payments
Small Business Lenders Find New Paths To A Funding Bounce Back
June 03, 2021

The small business lending arena saw a flash of innovation towards the latter end of the aughts, fueled by a pullback from big bank lenders in the wake of the financial crisis. The B2B FinTech boom led to a wave of both competition and collaboration,...

Artificial Intelligence
NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
June 03, 2021

Artificial intelligence (AI) has long since moved from the realm of science fiction to reality, with reports of new applications from transportation to cybersecurity seemingly emerging every day. At the same time, the technology has made fairly limited inroads in the banking sector. PYMNTS’ latest...

Payment Methods
Modernizing Global Transit Payments Systems End To End
June 03, 2021

Riding public transportation in a foreign city is always something of an adventure, especially if one can’t speak or read the local language. Such was the experience of Visa Senior Vice President of Global Seller Products Jason Blackhurst in trying to take public transportation during an...

Payment Methods
From BNPL To Wallets, Rising Payment Options Create Clutter, Add Friction
June 03, 2021

Payments have long been the conduit for new and different experiences in commerce. Look no further than the past year as proof as contactless payments, digital banking and digital wallets gained significant traction. Cryptos, too, of course — and bit by bit, we’re seeing the...

B2B Payments
L’Oreal’s SalonCentric To Open B2B Beauty Products eCommerce Site
June 02, 2021

L’Oreal USA subsidiary SalonCentric, which already has a major presence in the retail hair products space, will open an online B2B wholesale site, the company’s technology provider for the venture announced on Wednesday (June 2). Get the Full Story Complete the form to unlock this...

Security & Fraud
Ferry Operator Serving Cape Cod, Martha’s Vineyard Attacked With Ransomware
June 02, 2021

The Massachusetts Steamship Authority, which operates ferries serving the summer hot spots Martha’s Vineyard, Nantucket and Cape Cod, announced on Twitter Wednesday (June 2) that it was the target of ransomware that, among other effects, limited the authority’s ability to process electronic payments. Get the...

Bitcoin
Bitcoin Daily: Google To Ban Ads For Selling, Trading Crypto; Kraken Debuts Trading App In...
June 02, 2021

Google in August will adjust its rules on cryptocurrency-related advertisements, first laid down in 2018, according to an update to its advertising policies page. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Government Needs To Step Up To Combat Ransomware Attacks, Execs Say
June 02, 2021

Ransomware attacks threatening in recent weeks to interfere with the way Americans heat their homes, drive their cars and eat are among factors prompting business leaders to call for a vigorous government response against the attackers, The Wall Street Journal (WSJ) reported. Get the Full...