News

B2B Payments
Digital-First CFOs Empower The Enterprise With Data
March 11, 2021

Among the countless negative impacts of the global coronavirus crisis is a surge in cyberattacks on the global business community. A perfect storm of work-from-home requirements and pandemic-related uncertainty has widened the playing field for malicious actors, and the demand for anti-fraud technology has consequently...

Security & Fraud
Machine Learning Switches On To Illuminate The Dark Web
March 11, 2021

The dark web. 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 marketing communications...

Partnerships / Acquisitions
Wanted: Amazon Sellers Built For Speed And Scale
March 11, 2021

As with everything associated with Amazon, the numbers defy the imagination. Here are a few: Just over a million third-party sellers have joined the platform since Jan. 1, putting the total global number of them north of 3.3 million. And those 3.3 million accounted for...

Cross-border Payments
NEW REPORT: US, UK Firms Prioritize Innovation To Speed X-Border Payment Flows
March 11, 2021

Cross-border commerce has become central to the success of countless United States and United Kingdom businesses, many of which are looking abroad for new growth opportunities. PYMNTS’ latest research shows that cross-border sales make up 26 percent of the total annual average for U.S. and...

B2B Payments
NuORDER Raises $45 Million Toward B2B eCommerce
March 11, 2021

B2B eCommerce platform NuORDER has raised $45 million in a funding round, according to a press release on Wednesday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Trade Group Forms To Promote FinTech Development, Regs
March 10, 2021

A new trade group formed by FinTech leaders called the Financial Technology Association (FTA) launched Wednesday (March 10), 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 — no...

Investments
Investors Flock To SPACs Based On Celebrity Backings
March 10, 2021

Investors from all levels of expertise have been flocking to special purpose acquisition companies (SPACs), a tendency that has some financial planners — and the Securities and Exchange Commission (SEC) — worried, Bloomberg reported on Wednesday (March 10). Get the Full Story Complete the form...

International
South Korea’s Shinhan Bank Demos CBDC Platform
March 10, 2021

South Korea-based Shinhan Bank has built a pilot program for a potential central bank digital currency (CBDC), CoinDesk reported. The bank, which is headquartered in Seoul, got assistance from LG CNS on the project. Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: YouTube, Ripple Reach Settlement Over XRP Lawsuit; Bankrupt Crypto Investment Firm Had UK...
March 10, 2021

YouTube and Ripple have agreed “to work together” after Ripple sued the video company last April for allegedly failing to remove XRP scams from its platform, according to a tweet from Ripple CEO Brad Garlinghouse. Get the Full Story Complete the form to unlock this...