News

B2B Payments
Giving B2B Dental Payments A Digital Treatment
December 24, 2020

Sluggish, paper-based insurance claims and payouts can leave dentists waiting weeks or even months to get paid — delays that can impact their cash flows. In this month's Digitizing B2B Payments Tracker, Arthur Schoen, vice president at Aspen Dental Management, explains how insurance providers can...

B2B Payments
How The Corporate Card Recharted Its Adoption Course
December 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
With Paper Checks Pushed Out, What’s Next For B2B Payments?
December 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. But for many organizations, this trend had been more talk than action. Get the Full Story...

Payment Methods
From BNPL to RTP, The Year In Payments Ends On Digital-First Note
December 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. 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...

IPO
The Connected Economy’s 10 Biggest US IPOs Of 2020
December 24, 2020

The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Connected-commerce companies often led the way, frequently enjoying strong IPO pricing and even bigger first-day “pops” as investors realized that the digital...

Partnerships / Acquisitions
Paychex, Clover Team On HR Management
December 23, 2020

Paychex, which provides solutions for HR, payroll, benefits and insurance, is offering users of Clover, a business management platform from Fiserv, the chance to streamline payroll services as well as time and attendance management, according to a press release. Get the Full Story Complete the...

Bitcoin
Bitcoin Daily: XRP Falls Nearly 40 Pct On Ripple Suit News; Digital Asset Platform OSL...
December 23, 2020

XRP’s price plummeted once more on Wednesday (Dec. 23) following the U.S. Securities and Exchange Commission’s lawsuit contending that the blockchain firm connected to the digital currency held a $1.3 billion securities offering that was not registered, CNBC reported. Get the Full Story Complete the...

CFPB
CFPB Settles Student Loan Case With Discover For $35 Million
December 23, 2020

The Consumer Financial Protection Bureau (CFPB) has settled with student loan servicers Discover Bank, The Student Loan Corporation and Discover Products (collectively Discover) in a 2015 case for unlawful practices, and Discover will have to pay $10 million in customer redress, a press release says....

CFPB
CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations
December 23, 2020

Santander Consumer USA was ordered to pay $4.7 million to the Consumer Financial Protection Bureau (CFPB) for violating the Fair Credit Reporting Act (FCRA), the CFPB said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...