China’s government-backed push toward the use of the digital yuan and consumer behavior changes resulting from the pandemic led to a decrease in the number of ATMs in the country in 2020 compared with 2019, the Hindustan Times reported. Get the Full Story Complete the...
The Federal Reserve’s FedNow program, intended to streamline the clearing and settlement process, will be tested by five Northern California regional banks and three credit unions (CUs), according to a report from North Bay Business Journal. Get the Full Story Complete the form to unlock...
CloudBlue, which is owned by Ingram Micro, announced its acquisition of Harmony Business Systems in a press release. 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...
Vizient has completed the purchase of Intalere from its parent company Intermountain Healthcare, which gives Vizient more power in the healthcare supply chain, according to a press release. It will also help Vizient reach more people. Get the Full Story Complete the form to unlock...
WEX Inc. has completed its previously announced acquisition of some health savings account (HSA) assets from HealthcareBank, which is the custodian bank for Wex’s Health Division clients, WEX recently announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Plaid is reportedly near closing a new investment round that would value the FinTech startup at $13 billion, Bloomberg reported Friday (April 2), citing people familiar with the matter. The round, to be led by Altimeter Capital, “could raise hundreds of millions of dollars” for...
Today in B2B payments, Mastercard elevated perks for small business cardholders, while Corserv discusses commercial cards’ impact on industry collaboration and competition. Plus, BlackLine launches an accounts receivable tool, Yooz debuts its accounts payable solution, and Lendica collaborates to finance the legal cannabis market. Get...
The global payment processing and merchant acquirer organization Payroc WorldAccess announced on Friday (April 2) that it has acquired Retriever Merchant Solutions, one of the largest independent sales organizations of FIS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
While the events of the past year have brought a huge boost to restaurant delivery services as consumers placed takeout and delivery orders at unprecedented level, this delivery boom has also called attention to the strain that the model places on all parties involved. Delivery...
