News

Bitcoin
Bitcoin Daily: City In Spain Debuts ‘Elio’ Crypto; OKCoin Halts XRP Trading
December 29, 2020

A small Spanish city has debuted an “Elio” digital currency to help with transactions, Finance Magnates reported. The digital currency, which is pegged to the euro, will let the City Council of Lebrija provide economic assistance to just under 600 chosen beneficiaries. The council has...

B2B Payments
NebulARC Launches SaaS Solution To Boost Shipment Tracking
December 29, 2020

Logistics software-as-a-service (SaaS) platform NebulARC has rolled out a new computer vision and 3D tracking service to help shippers monitor and track shipments in real time, a column by the company in The Times reads. Get the Full Story Complete the form to unlock this...

Security & Fraud
Turkish Authorities Search For Suspect In US Tax Fraud Scheme
December 29, 2020

Turkish prosecutors have issued a detention warrant for Turkish businessman Sezgin Baran Korkmaz, who has ties to Utah business executives who recently pleaded guilty to a $511 million tax credit scheme in the U.S., the Associated Press (AP) reported. Get the Full Story Complete the...

Payment Methods
Central Bank Of Kenya Urges Digital Transactions
December 29, 2020

The Central Bank of Kenya (CBK) is promoting the use of cashless transactions and is asking the providers of digital financial services to work together and encourage adoption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
TradeSquare Introduces Marketplace For Australian Firms With Mirakl
December 29, 2020

TradeSquare recently rolled out the inaugural business-to-business (B2B) wholesale marketplace for Australian small and medium-sized businesses (SMBs) through the Mirakl Marketplace Platform. The company prepared and rolled out its wholesale trading platform in under four months through the help of Mirakl’s offering, according to an...

News
Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
December 29, 2020

In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages this holiday season. Plus, J.P. Morgan acquired the rewards division of cxLoyalty Group Holdings. Get the Full Story Complete the...

Partnerships / Acquisitions
Tax Compliance Software Firm Avalara Acquires INPOSIA
December 29, 2020

Avalara, a tax compliance software firm with a focus on the business sector, said on Tuesday (Dec. 29) that it has struck a deal to buy INPOSIA Solutions GmbH. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Lendio Reintroduces Digital PPP Loan Application For SMBs
December 29, 2020

To speed up the approval process for small firms when the Paycheck Protection Program (PPP) opens once more, Lendio said it has rolled out its digital application again for small business owners to access funds dedicated for further loans via the program, according to a...

Partnerships / Acquisitions
HealthEdge Closes Acquisition Deal With Altruista Health
December 29, 2020

Medical care management platform HealthEdge Software is acquiring the cloud-based healthcare solutions firm Altruista Health for an undisclosed amount.  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...