News

Cross-border Payments
JPMorgan’s Onyx Opens Infrastructure To Disrupt Cross-Border Payments
May 21, 2021

For all the innovation that domestic payments infrastructure has witnessed in recent years, cross-border transactions largely remain, in a word, inefficient. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Social Commerce
Snap Beefs Up Social Commerce With New AR Tools
May 20, 2021

Snapchat is beefing up its interactive features, particularly those focused on augmented reality (AR), to strengthen its place in the social commerce ecosystem, according to several press releases published by the company Thursday (May 20). Get the Full Story Complete the form to unlock this...

B2B Payments
Customers Bank To Use Tassat’s B2B Payments Network
May 20, 2021

Customers Bank will harness the TassatPay Network from Tassat, which includes in-the-moment corporate payments and connection of digital and traditional payment rails, according to a Thursday (May 20) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Food Network’s Ree Drummond Headlines Walmart’s Next Live Shopping Event
May 20, 2021

Walmart is heading back to the live-shopping well later this month with the help of Food Network star Ree Drummond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
SEC’s Gensler Vows To Go ‘After Misconduct Wherever We Find It’
May 20, 2021

Gary Gensler, chair of the Securities and Exchange Commission (SEC), said the agency will be pursuing bad financial actors anywhere possible, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
Bitcoin Daily: OCC Reports Fraud Messages; Dutch National Bank Reverses Crypto Wallet Requirements
May 20, 2021

The Office of the Comptroller of the Currency (OCC) is reporting that fraudulent actions are being taken to impersonate the OCC, according to an alert from the agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Bloomberg Tax & Accounting Updates NOL Compliance
May 20, 2021

Bloomberg Tax & Accounting has debuted enhancements to the State NOL (net operating loss) Manager, which will serve as a comprehensive compliance, provision and planning application for companies with multistate businesses, a press release said on Wednesday (May 19). Get the Full Story Complete the...

B2B Payments
Today In B2B Payments: Finding The Freelancers’ Banking Sweet Spot; Repay Expands AP Integration With...
May 20, 2021

Today in B2B payments, Lance discusses finding the sweet spot of banking for freelancers, and Repay expands its accounts payable (AP) integration into Sage. Plus, ABN AMRO discusses invoice finance’s impact on late payments, C2FO partners with Marcus by Goldman Sachs and AirPlus enhances its...

Regulation
IRS Tightens Oversight Of Crypto Trades And Taxes
May 20, 2021

Whether crypto swoons or crypto booms, the Internal Revenue Service is going to keep better track of the ups, downs, gains and losses at least as far as taxes are concerned. The Treasury Department said on Thursday (May 20) that it will require crypto-related business...