News

B2B Payments
Avoiding The Data Bottlenecks Of Source-To-Pay
May 10, 2021

Data aggregation and entry is, for many organizations, a necessary evil throughout the enterprise. In accounts payable (AP), the ability to capture invoice data and ingest it seamlessly is an essential first step to supplier payments, and yet it is all-too-often the biggest source of...

B2B Payments
Accounts Payable Takes A Page Out Of Expense Management’s Book
May 10, 2021

Advancements in expense management technology have begun to focus on empowering businesses with the ability to combat wasted or excessive spend before it happens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
The Complex Ecosystem Of B2B Payment Delays
May 10, 2021

The late supplier payments fight is a lofty one, particularly for smaller vendors. But it’s only one part of a bigger challenge in the often conflicting relationship between buyer and supplier — as new policies from Walmart reveal. While the retail conglomerate has expanded its...

Payment Methods
Airbnb: Trusted Payments Are The Connected Economy’s Backbone
May 10, 2021

As the economy has started to reopen and vaccinated global citizens look to scratch their travel itch, the tally of just how much damage the global pandemic caused the travel sector is just now becoming more clear. Get the Full Story Complete the form to...

Payment Methods
Visa’s Salazar: WhatsApp’s Relaunch In Brazil Gives Consumers P2P Choice
May 10, 2021

After nearly a full year of waiting, WhatsApp payments have been cleared by Brazil’s central bank to go live, enabling peer-to-peer (P2P) payments capabilities for its 120 million Brazilian users, 86 percent of whom claim to use the app every day.  WhatsApp was shut down in...

Security & Fraud
Mastercard Says AI Key In Managing IoT Data Deluge — And Thwarting Cyberfraud
May 10, 2021

Data, data everywhere – accumulating exponentially, as we have gone increasingly digital. 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...

eCommerce
ByteDance Ramps Up eCommerce Hiring, Sponsors To Take On Alibaba
May 09, 2021

ByteDance, which brought TikTok to the world, is adding thousands of employees as part of a plan to challenge Alibaba in eCommerce, Bloomberg reported. Among the new employees are hundreds who are tasked with identifying potential counterfeits before they reach customers. The company has also...

IPO
Flywire’s SEC Filing Highlights $11.7T Payments Modernization Opportunity
May 09, 2021

The parade of “disruptors” in the financial services and payments spaces — via public listings on Wall Street — continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Railz Raises $12 Million Toward API Development
May 09, 2021

Railz, which develops an API letting financial institutions (FIs) and FinTechs access real-time data of their customers’ accounting data, has raised $12 million in Series A funding, according to a press release. The investment will let Railz expand its efforts by continuing to build out...