News

Security & Fraud
US Hospitals Threatened By Ransomware Attack
October 29, 2020

A ransomware attack has infiltrated the healthcare system and affected five hospitals, the Associated Press (AP) reported. 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 to our...

B2B Payments
Radius Bank Rolls Out API Platform For B2B Banking
October 29, 2020

Radius Bank has advanced in its relationship with application programming interface (API) firm Treasury Prime with the rollout of its Commercial API Banking Platform and sandbox testing technology, according to a Thursday (Oct. 29) announcement. Get the Full Story Complete the form to unlock this...

IPO
Foreign Investors Stand To Gain $8B With Ant Group’s IPO
October 29, 2020

Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this...

News
Today in Payments: Mastercard Q3 Shows Cross-Border Spend Slump; Pinterest Revenue Surges As Ads Shift...
October 29, 2020

In today’s top news, Mastercard third-quarter earnings demonstrated the shift to digital, and Pinterest revenue was boosted due to a shift away from Facebook. And Visa’s earnings report revealed a rebound in consumer spending. Get the Full Story Complete the form to unlock this article...

International
Today In Payments Around The World: Paidy Rolls Out ‘3-Pay’ Offering; Grab, Marriott Team On...
October 29, 2020

In today’s top payments news around the world, Paidy debuted its 3-Pay as online commerce is on the rise in Japan, while Marriott International and Grab are teaming to bring premium hospitality experiences to customers. Plus, a new poll finds that this year’s Singles’ Day...

Partnerships / Acquisitions
Alliance Data Inks $450M Deal For FinTech Bread
October 29, 2020

Alliance Data Systems is the latest big player to jump on the buy now, pay later (BNPL) consumer finance trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Delivery
Postmates To Deliver TikTok Treats Inspired By Food Trends
October 29, 2020

From hand-whipped coffee to pancake cereal, a creator-led menu based on food trends inspired by the TikTok community will be available for delivery on Postmates in Los Angeles through Nov. 22, the companies announced in a press release. Get the Full Story Complete the form...

B2B Payments
Today In B2B Payments: SAP Collabs On Supply Chain Tech; BMO Forms SMB Banking Team
October 29, 2020

Today in B2B Payments, SAP inks a partnership to enhance integrated supply chain management. Plus, Emburse introduces new card technology to manage small business expenses, Canada’s BMO forms a new SMB banking team, and Teampay collaborates to enhance spend control and compliance through closer ties...

Retail
Walmart Turns Four Stores Into eCommerce Test Hubs
October 29, 2020

Walmart is looking at merging its fulfillment centers and the aisles of its stores. As online sales surge during the pandemic, the retailer plans to test a new concept at four stores that will “operate as both physical shopping destinations and online fulfillment centers,” the company...