News

B2B Payments
Xendoo Teams With Biller Genie For Automated AR
November 08, 2020

FinTech Xendoo, which works in online accounting and bookkeeping solutions, has partnered with Biller Genie on automated accounts receivable (AR) services, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Lloyds Bank, Demica Team Up For SCF Digital Onboarding
November 08, 2020

Lloyds Bank Commercial Banking has partnered with Demica, a working capital FinTech, to roll out a new supply chain finance platform for U.K. businesses and affiliates, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Two Philippine Businesses Under Scrutiny For Potential Wirecard Links
November 08, 2020

Authorities in the Philippines are probing a law office and tour operator for potential connections to Wirecard, the payments provider disgraced after a global scandal, and Jan Marsalek, its former chief operating officer who has been on the run for the past several months, according...

Regulation
EU Eyes Reclassifying Airbnb, May Bring Stricter Rules
November 08, 2020

European Union regulators determining how to implement new rules governing dominant internet players may include short-term rental leaders Airbnb and Booking.com on a list of companies the guidelines cover, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
November 08, 2020

The federal Paycheck Protection Program (PPP) designed to blunt the economic impact of the pandemic is beset by extensive instances of fraud, The Wall Street Journal (WSJ) reported, attributing the conclusion to public records and interviews with government officials. Get the Full Story Complete the...

Retail
Love Is In The Air, Among Other Places, As Fantasy Weddings Outwit COVID
November 07, 2020

As they say, “the heart wants what the heart wants.” During a pandemic, however, the lungs and lymphatic system have needs, too. That struggle between health or happiness (pick one) messed up a lot of wedding plans in 2020, but the ingenuity of love is...

Security & Fraud
COVID Scams Prompt Europe To Press For Data Sharing
November 06, 2020

The escalating COVID-19 pandemic and the ensuing second lockdown in Europe have prompted lawmakers to press for eCommerce platforms and other media to share data, according to a TechCrunch report on Friday (Nov. 6).  Get the Full Story Complete the form to unlock this article...

Retail
Peloton, Connected Fitness Companies Chart New Course And Face New Problems
November 06, 2020

It has been a good year for connected fitness company Peloton. For Q3 it saw sales grow by 232 percent to $757.9 million from $228 million a year ago. Analysts had been forecasting sales revenue of  $748.1 million. Get the Full Story Complete the form...

Retail
Legos Still Rank But Most Kids Clamor For Digital Holiday Gifts
November 06, 2020

Legos still rule holiday wish lists but digital items are the most sought-after gifts among children ages 4 to 14, according to a Financial Times report on Friday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...