News

Security & Fraud
Americans Rush To Download WeChat App In Advance Of Ban
September 22, 2020

WeChat users in the U.S. are racing to download the Chinese multi-purpose messaging, social media and mobile payment app, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
EMV 3DS: Why 2020 Is Different
September 22, 2020

“Never buy a couch without consulting your spouse.” It’s timeless advice, but PAAY Chief Technical Officer Adam Gluck told Karen Webster that a friend of his recently failed to heed it. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
B2B Payments Digital Shift: Carding The ‘Uncardable’ Corporate Spend
September 22, 2020

In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that commercial card use would see a pause in the B2B space. Get the Full Story Complete the form to unlock this article and...

Retail
Retailers Face Supply/Demand Shortfalls This Holiday Season
September 21, 2020

Shortages of popular items like clothing, electronics and more are likely to cause trouble for U.S. retailers during the holiday shopping season, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Onyx Rolls Out Virtual Card For Hospitality Clients
September 21, 2020

Onyx CenterSource, which provides B2B payments and business intelligence for the hospitality industry, has launched a new virtual credit card intended for use by hospitality and travel clients, according to a report by Hotel Business. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
ByteDance At Odds With Oracle Over TikTok Purchase
September 21, 2020

ByteDance was at odds with TikTok buyer Oracle over the exact terms of the deal to purchase the popular video-sharing app over the weekend, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Big Tech Compliance Tracker: Google Faces Questions Over Digital Ads; Australian Watchdog Says Facebook’s Proposed...
September 21, 2020

Here’s the latest news from Google and Facebook others, which are coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Purdue Federal Credit Union Selects Payrailz For Payment Services
September 21, 2020

Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payments services. The West Lafayette, Indiana-based credit union (CU) is also becoming a part of CU Railz, the credit union service organization (CUSO) of Payrailz, as a backer, according to a Monday (Sept....

International
Today In Payments Around The World: CaixaBank, Bankia Merger Could Make Biggest FI In Spain;...
September 21, 2020

In today’s top payments news around the world, CaixaBank and Bankia said they are combining in a deal that would make it the biggest financial institution in the country if approved, and Gojek is doubling down in Thailand with a new app. Plus, Western Union is...