News

Regulation
As The SCA Deadline Approaches, Issuers Struggle With Preparedness
November 13, 2020

The end of the year marks the deadline for European migration to strong customer authentication (SCA), a 15-month extension from the original deadline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
PPP Fraud Reveals New Need For Banks To Use Geolocation Data
November 13, 2020

Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the rise, too.  Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Salesforce Rolls Out Revenue Cloud To Simplify B2B Functions
November 12, 2020

Salesforce has rolled out its new Revenue Cloud product, which will work to simplify B2B purchasing for customers, 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...

International
Today In Payments Around The World: Visa Debuts Europe FinTech Partnership Program; Payments Canada Teams...
November 12, 2020

In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with cutting-edge digital payment offerings, Payments Canada is teaming with Mastercard’s Vocalink to advance a new Real-Time Rail (RTR) payment system....

IPO
Ant IPO Stopped By President Xi As Rebuke To Gov’t Criticism
November 12, 2020

Chinese President Xi Jinping reportedly personally nixed the Ant Group double initial public offering (IPO), which had been set to be the biggest in the world, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Instacart IPO Could Come Early 2021 With $30B Valuation
November 12, 2020

Instacart is reportedly preparing for an initial public offering (IPO) led by Goldman Sachs, according to Reuters, which cited people “familiar with the matter.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Progress Bank Launches Business Receipt Management From Sensibill
November 12, 2020

Progress Bank, which serves companies in Alabama and the Florida panhandle, has rolled out Sensibill’s online receipt management offering, with the aim of conserving time, increasing efficiencies and offering a better digital experience for clients, according to a Thursday (Nov. 12) announcement. Get the Full...

Digital Banking
Galileo To Power Dave Banking App
November 12, 2020

Payments processor Galileo will be powering Dave Banking, a banking startup that services people without long credit histories, the company announced in a press release Thursday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,’ Walmart On Autonomous...
November 12, 2020

It’s been a busy time in the grocery world this week, with digital innovation at the core of the headlines in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...