News

Security & Fraud
Keeping Pace With The Evolution Of Business Email Compromise
May 03, 2021

Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless against the scam, as Jeff Taylor, senior vice president of Commercial Fraud Forensics at Regions Bank, told PYMNTS in the...

B2B Payments
High Growth, And High Risk: Solving The Compliance Challenge Of Cannabis Banking
May 03, 2021

Cannabis has a banking problem. 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...

Payments Innovation
European Payments Initiative Looking To Topple US FinTechs
May 03, 2021

The European Payments Initiative (EPI) is looking to create a payments firm that can take on some of the biggest U.S. FinTechs and payments companies, Financial Times (FT) reported on Monday (May 3). Get the Full Story Complete the form to unlock this article and...

IPO
Sweden’s Trustly Scraps $950 Million IPO Plans 
May 03, 2021

Swedish FinTech Trustly Group is scrapping plans to raise an estimated $950 million in an initial public offering (IPO) following a review by regulators, Bloomberg reported on Monday (May 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Clearco: Performance-Based Financing Bridges Digital SMB Capital Divide
May 03, 2021

It’s a frustrating paradox for any small- to medium-sized business (SMB) entrepreneur: You have to have money to get money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
The Evolving Face Of The Fight Against Fraud
May 03, 2021

Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. 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...

NEW REPORT: Bank Use Of AI To Manage Credit Risk Tripled In The Last Three...
May 03, 2021

Consumer debt in the United States grew in 2020 at its sharpest rate in more than a decade, reaching close to $15 trillion. The reason is not difficult to surmise: the pandemic led to millions of lost jobs and other adverse impacts. Yet, this has...

B2B Payments
Tesco To Offer Sustainability-Linked Supply Chain Financing
May 02, 2021

Tesco will become the first U.K. retailer to offer sustainability-linked supply chain finance to its supply base, a press release announced on Friday (April 30). The move aims to engender more suppliers to sign up for emissions reduction targets. Get the Full Story Complete the...

IPO
Report: Stock Prices For SPACs Down 39 Pct
May 02, 2021

Shares of special-purpose acquisition companies (SPACs) have fallen out of favor a bit since their all-time highs, the Financial Times reported on Sunday (May 2). The values of the shares have fallen by an average of nearly 40 percent since their highs. Get the Full...