News

Security & Fraud
COVID Leaves Lasting Impact On Digital KYC And AML Efforts
April 30, 2021

In the digital-first economy, criminals have been acquiring and honing various areas of expertise, scamming customers, the payments firms operating the infrastructure, and of course, merchants. Money laundering, money mules and other attack vectors are seizing on novice consumers pivoting to the internet to get...

B2B Payments
Oro Debuts End-To-End Marketplace Platform
April 29, 2021

Oro, the business application company behind OroCommerce, has rolled out OroMarketplace, a new end-to-end marketplace platform to help drive B2B sales growth, a press release said on Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Sen. Kennedy’s SPAC Bill Calls For Disclosure Transparency
April 29, 2021

Sen. John Kennedy of Louisiana has introduced a new act to help promote transparency in special purpose acquisition companies (SPACs), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bitcoin
Bitcoin Daily: Ether Hits Record High; Paxos Closes $300 Million Series D
April 29, 2021

Ether has hit a new record high, stealing the limelight from popular cryptocurrency bitcoin, CNBC reported. 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...

B2B Payments
Today In B2B: The Relationship Manager Returns To SMB Banking; Rho Raises $100 Million
April 29, 2021

Today in B2B payments, Allica Bank touts the value of small business banking relationship managers, and Rho announces $100 million in funding. Plus, Ardius discusses unlocking R&D tax credits, Barclaycard debuts a new cashback card for SMBs, and ancora Software collaborates on source-to-pay automation. Get...

News
Today in Payments: FIS Launches RealNet To Boost Real Time A2A Payments; Apple’s Subscriptions Surge...
April 29, 2021

In today’s top news, FIS launched a real-time, account-to-account (A2A) payments platform, and Apple reported subscriptions and services were up in the first quarter of 2021. Plus, in its Q1 earnings report, Facebook highlighted the moves by its various brands into eCommerce over the past...

B2B Payments
Pacific Western Bank To Launch Virtual Commercial Card
April 29, 2021

Pacific Western Bank (PWB) has announced a new partnership with Extend, which will help launch a virtual Mastercard commercial credit card solution, a press release said on Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Taster Raises $37 Million To Expand Delivery-Only Restaurant Brands
April 29, 2021

London-based food delivery service Taster has announced that it has received a $37 million cash infusion from several outside investors, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
MoneyGram Settles With OFAC Over ‘Apparent Violations’ Of Sanctions
April 29, 2021

The U.S. Department of the Treasury announced that MoneyGram Payment Systems, Inc. agreed to remit $34,328.78 to settle “potential civil liability” for 359 apparent contraventions of different sanctions programs, according to a Thursday (April 29) enforcement release. Get the Full Story Complete the form to unlock...