News

B2B Payments
Taking A Communications Approach To AR-AP Connectivity
March 30, 2021

Communication is key to any high-functioning relationship, and the enterprise is no different. Facilitating communication between business partners is mission-critical, particularly in today’s environment of high volatility and complexity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Visa Direct Payouts Pushes Payments To Cards, Two Billion Bank Accounts Globally
March 30, 2021

The check is in the mail just won’t cut it anymore. 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...

Banking
Merchants And PSPs Supercharge A2A Payments With Open Banking
March 30, 2021

Open banking has become a welcome disruptor in the payments ecosystem. It has made it easier for financial institutions (FIs) and retailers to create innovative products that rely on secure instant payments. Open banking has also powered microbusinesses seeking to expand but lacking the ability...

Digital Banking
Pollinate CEO: Post-Brexit UK Plans New Order To Compete On Global Stage
March 30, 2021

In the digital-first economy, change, consumer-first and competition are the operative concepts. Case in point: mobile banking, digital wallets, open banking and data sharing (and even cryptos). As FinTechs and banks battle over dominance in this landscape, there’s a fine line between innovation and a...

B2B Payments
Proxtera Rolls Out Network For B2B Connections
March 30, 2021

Proxtera, a global trading network, has now launched, according to a press release on Monday (March 29). 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...

Partnerships / Acquisitions
Canadian Tax FinTech Requiti Purchases Pinmo
March 30, 2021

Canada-based Requiti, which helps Canadian companies understand tax incentives, has purchased financial technology firm Pinmo for $13 million CAD (approximately $10.3 million), according to a Monday (March 29) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Fraudsters Siphon $100 Million In COVID Relief Through Online Investment Platforms
March 30, 2021

Scammers stealing from government-funded pandemic relief programs have found a new trick — opening accounts with at least four online investment platforms, CNBC reported Monday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Dick’s Sporting Goods Opens New Experiential Store In Rochester, NY
March 29, 2021

Dick’s Sporting Goods, after performing well amid the pandemic, will be rolling out a new experiential store in Rochester, New York, called Dick’s House of Sports, which will feature an indoor rock-climbing wall, wellness spaces and more, the Detroit Free Press reported. Get the Full...

International
Today In Payments Around The World: Afterpay Debuts Virtual Card Offering; Pandemic Fuels 41 Pct...
March 29, 2021

In today’s top payments news around the world, Afterpay has introduced a virtual card offering, while the pandemic has dramatically heightened dependence on real-time and digital payments. Plus, citizens of Shanghai and Beijing can now apply to one of six Chinese banks for a digital...