News

Partnerships / Acquisitions
Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect
November 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. Get the Full Story Complete the form to unlock this article and...

B2B Payments
AP Automation: B2B’s Digital Shift Accelerates Move To Touchless Payables
November 19, 2020

In the continuous movement toward automating B2B payments – and especially payables – the pandemic is pushing firms to examine internal workflows and embrace the touchless process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Rep. Maxine Waters Urges ‘Hard Look’ At PNC, BBVA Merger
November 18, 2020

Congresswoman Maxine Waters said in a press release that she doesn’t think the proposed merger between PNC and BBVA should be rubber-stamped without serious consideration of antitrust matters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Digital Banking
Chime CEO Predicts Mobile Banking Surge Is Here To Stay
November 18, 2020

Chime, a mobile-based startup delivering banking services that has gained strength during the pandemic, is here to stay, according to CEO Chris Britt, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
FTC Sues Beam Financial For Failing To Deliver Mobile Banking Users’ Funds
November 18, 2020

The Federal Trade Commission (FTC) has alleged that the mobile banking app Beam Financial has misled customers about quick transfers of funds, a press release says, with some customers receiving funds late or not at all. Get the Full Story Complete the form to unlock...

B2B Payments
Billtrust Upgrades ML Power For Faster B2B Cash App
November 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Mastercard, Network International To Introduce Commercial Cards In MEA
November 18, 2020

Mastercard is teaming up with Network International, which works in digital commerce for the Middle East and Africa, to help drive the adoption of commercial payment services in that region, according to a press release. Get the Full Story Complete the form to unlock this...

Bitcoin
Bitcoin Daily: Bitcoin Climbs Above $18K; Liquid Reports Hack On Infrastructure; ASIC Charges Promoter In...
November 18, 2020

Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. 18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Visa, Codat Partner On Data Providing For SMBs
November 18, 2020

Codat, the financial API provider, is working with Visa to offer more comprehensive data on small to medium-sized enterprises (SMEs) for European banks, Codat announced in a Wednesday (Nov. 18) press release. Get the Full Story Complete the form to unlock this article and enjoy...