News

Regulation
Supreme Court Ruling Lessens FTC Options For Consumer Monetary Relief
April 22, 2021

Under a new Supreme Court ruling, the Federal Trade Commission (FTC) will have much less authority to enable monetary relief for customers when companies are found to use deceptive practices, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
American Bankers Association Seeks More Oversight Of Cryptocurrency Entities
April 22, 2021

The American Bankers Association (ABA) said in testimony last week that it believes standards for cryptocurrency businesses should be strengthened. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Chaser Integrates With Microsoft Dynamics 365 Business Central
April 22, 2021

Credit control automation platform and service provider Chaser has connected with Microsoft Dynamics 365 Business Central through an integration. The link makes it simple and cost-effective for groups harnessing the Business Central system to digitize their accounts receivable (AR) and credit control workflows, according to...

IPO
Ticket Reseller Vivid Seats Books Deal To Go Public Via SPAC
April 22, 2021

Chicago-based Vivid Seats is set to go public by combining with a special-purpose acquisition company (SPAC), Horizon. The companies estimated that the combined company will have a valuation of $1.95 billion, according to a press release. Get the Full Story Complete the form to unlock...

Retail
Square Unveils New Inventory Management Features For Retailers
April 22, 2021

Square has unveiled new inventory management features for its retailer sellers, the digital payments company announced on Thursday (April 22). The new features are designed to “provide sellers greater control over their inventory management, and improve efficiency with better ways to create, count and reorder...

News
Today In Payments: Digital Chipotle Orders Account For 50 Pct Of All Sales; Affirm To...
April 22, 2021

In today’s top news, Chipotle’s earnings showed a massive shift to digital ordering, and Affirm is acquiring Returnly. Plus, SPAC deals have dropped significantly thus far in the second quarter of 2021. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Commerce
Middle East-Based PayTabs Links With Visa For ‘Tap To Phone’ POS Service
April 22, 2021

PayTabs is partnering with Visa to bring “Tap to Phone” service to mobile users in the Middle East. “Millions of merchants will now be able to rely purely on contactless software-based solutions to accept payments,” a press release said. Get the Full Story Complete the...

Retail
Grocery Roundup: Grocers Eye Policy Changes And Next-Gen Technologies
April 22, 2021

On Wednesday (April 21), over 230 representatives from 143 businesses in the grocery industry and other parts of the food supply chain convened for a virtual “Day in Washington” to meet with lawmakers and discuss policy issues affecting the industries, reports Winsight Grocery Business. The...

Security & Fraud
Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
April 22, 2021

Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial Times reported, citing unnamed sources. Individuals who used to work for Wirecard told authorities investigating the firm that workers took...