News

B2B Payments
AP Platform Tipalti Taps Acuant For Transaction Monitoring Automation
December 15, 2020

Identity verification solution provider Acuant has teamed with accounts payable (AP) automation company Tipalti to automate essential services in payment and transaction monitoring, according to a Tuesday (Dec. 15) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience
December 15, 2020

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits. As the fees continue to...

B2B Payments
Barclaycard Debuts New Virtual Card Platform
December 15, 2020

Barclaycard is launching a new program, Barclaycard Precisionpay Go, to let companies issue virtual cards for employees’ online purchases, 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 —...

Regulation
EU Releases First Drafts For Digital Services, Digital Markets Acts
December 15, 2020

The European Commission released on Tuesday (Dec. 15) extensive potential new regulations for digital services that would cover online marketplaces, social media and other platforms, offering first drafts for the Digital Markets Act (DMA) and the Digital Services Act (DSA) to the public. The draft...

International
Today In Payments Around The World: Klarna Collaborates With Verifone To Grow BNPL; PAYFORT Changes...
December 15, 2020

In today’s top payments news around the world, Klarna has joined forces with Verifone to advance availability in brick-and-mortar stores, while PayFort has changed its name to Amazon Payment Services. Plus, China’s central bank has warned merchants that they must take cash or encounter disciplinary action....

News
Today In Retail: JD Sports Acquires California-Based Shoe Palace; Meijer Pharmacies Get Ready For COVID-19 Vaccine
December 15, 2020

In today’s top retail news, JD Sports has bought California-based Shoe Palace, while pharmacies inside of Meijer stores are preparing for a in-depth vaccine administration effort. Plus, PYMNTS data shows that the digital shift has permanent retail elements that will define 2021. Get the Full Story Complete...

Mobile Commerce
Verishop App Feature ‘Shop Party’ Enables Video Shopping With Friends
December 15, 2020

Verishop is integrating with iOS to enable users to hold video chats while also exploring places to shop, the company announced in a press release Tuesday (Dec 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech...
December 15, 2020

In today’s top news, the People’s Bank of China ordered merchants to accept cash and the EU has threatened to break up Big Tech firms if they violate anti-competition rules. Plus, PAYFORT, now Amazon Payment Services, now offers installment payments. Get the Full Story Complete...

Acquiring
Vroom To Buy AI-Powered Analytics And Digital Services Firm CarStory
December 15, 2020

Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory via the purchase of Vast Holdings, Inc., according to an announcement. Get the Full Story Complete the form to unlock...