News

Mobile Payments
Google, Mobile Wallets Pave Roadmap To Super Apps
November 19, 2020

The pandemic has had an impact on digital wallet usage – in other words, up and to the right. Blackhawk Network noted that mobile wallet adoption in the U.S. stood at 38 percent usage among consumers before the pandemic, and as late as this fall...

B2B Payments
Intesa Sanpaolo, Kyriba Partner For Dynamic Discount Service
November 19, 2020

Italian bank Intesa Sanpaolo will work with supply chain finance FinTech Kyriba in order to debut a new dynamic discount service, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bitcoin
Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash...
November 19, 2020

Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Ex-Wirecard CEO Defends Regulators, Refuses To Answer German Parliament’s Questions
November 19, 2020

Former Wirecard CEO Markus Braun doesn’t blame regulators or German politicians for the events that led to Wirecard’s demise in a global scandal earlier this year, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Payroc Expands Payment Processing Services With Bluestone Payments Acquisition
November 19, 2020

Global payment processor Payroc announced Wednesday (Nov. 18) in a company press release emailed to PYMNTS that it has acquired Bluestone Payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
National Restaurant Association To Governors: Eateries Aren’t COVID-19 ‘Super Spreaders’
November 19, 2020

As governors across the country scramble to reimpose restrictions on dining as coronavirus cases soar, the National Restaurant Association is pushing back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
EU Digital Chief Vestager Invites Big Tech To Talk Ground Rules
November 19, 2020

American Big Tech companies will have a virtual sit-down on Nov. 24 with European Union (EU) Digital Head Margrethe Vestager to discuss rules in the Digital Services Act (DSA) and Digital Markets Act (DMA). Get the Full Story Complete the form to unlock this article...

B2B Payments
Simfoni Joins Vroozi’s Cloud-Based Procure-To-Pay Platform
November 19, 2020

Vroozi is moving to boost its cloud-based purchasing platform in a new partnership with Simfoni, an artificial intelligence (AI)-powered spend analytics provider, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Today In Payments: BNPL Startup Affirm Files IPO; Ahold Delhaize Acquires FreshDirect Majority Stake
November 19, 2020

In today’s top news, BNPL startup Affirm filed an IPO, and retail giant Ahold Delhaize acquired a majority stake in grocery delivery startup FreshDirect. Plus, Apple cuts its App Store commission to 15 percent for small businesses with less than $1 million in revenue. Get...