News

B2B Payments
AmTrav To Use Journera For Real-Time T&E Data Exchange
November 23, 2020

Real-time data exchange platform Journera will now be used by business travel agency AmTrav, 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 — no additional logins required. yesSubscribe...

Retail
Fewer Cars, Bigger Profits: Auto Makers Look to Stay Lean Post-Pandemic
November 23, 2020

In yet another pandemic-related shift to normal life, the way people buy cars is changing in America, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Deutsche Bank Eyes Growing Payments Unit With Takeovers, JV’s
November 23, 2020

Deutsche Bank is looking to acquire firms or enter into joint ventures with other companies in a bid to become a significant player in Europe’s digital payments market, the Financial Times reported Sunday (Nov. 22). Get the Full Story Complete the form to unlock this...

B2B Payments
CoCoNet Partners With Raifeissen On B2B Payment, Cash Management
November 22, 2020

Raiffeisen, the third-largest Swiss banking group, has joined up with software provider CoCoNet to launch a payment and cash management service for companies, a statement says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
BBB Warns Of Cash App Scam Taking Thousands From Users
November 22, 2020

A scam involving a supposed customer service representative from Cash App has robbed several people of as much as thousands of dollars, a report from ABC 7NY says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Western Union Buys 15 Pct Stake In Saudi Digital Payments Co
November 22, 2020

Western Union Co. has entered into a deal to buy up to 15 percent of Saudi Digital Payments Co., also called stc pay, for up to $200 million, the Denver-based buyer announced today. Get the Full Story Complete the form to unlock this article and...

Retail
Retailers Push Back Against ‘Non-Essential’ Label Ahead Of Black Friday
November 22, 2020

Despite a recent surge in coronavirus cases, retailers are fighting for a rework and loosening of shopping restrictions before Black Friday and the holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Bain Capital Nets $800M For Business Impact Funding
November 22, 2020

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. Get the Full Story Complete the form...

B2B Payments
Danske Bank Debuts Payment Automation For Corporate Cards
November 22, 2020

Danske Bank, the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. Get the Full Story Complete the form to unlock this article and enjoy unlimited...