News

Banking
Red Hat: Incumbent Banks Need To Reinvent Themselves
October 27, 2020

Nobody likes getting old, especially traditional banks that have found themselves straddling two financial worlds – old tech and new tech – while all the “young, cool kids” try to steal their customers and business. Get the Full Story Complete the form to unlock this...

Cross-border Payments
Citi Says Pandemic Has Accelerated Cross-Border Payments
October 27, 2020

The pandemic has highlighted the importance of fast and efficient cross-border payments. 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 daily newsletter, PYMNTS Today. By...

Regulation
Big Tech Compliance Tracker: Google Encounters Justice Department Suit; UK CMA Chief Wants Gov’t To...
October 26, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs and cabinet departments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Oracle ERP Integrates Auditoria.AI Automation
October 26, 2020

Artificial intelligence (AI)-driven solution firm Auditoria.AI, which works with corporate finance teams, will partner with Applications Software Technology (AST) to improve automation for businesses, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
B2B Grocery eMarket Jumbotail Raises $11M
October 26, 2020

Jumbotail, an online B2B marketplace for food and grocery products based in Bengaluru, India, has raised $11 million in a Series B2 round that the company plans to use for expansion, according to a report from Business Standard. Get the Full Story Complete the form...

International
China To Focus On Tech As It Formulates 5-Year Economic Plan
October 26, 2020

A five-year plan for China hashed out by leaders Monday (Oct. 26) is expected to focus on developing semiconductors and other such technology while Washington remains against letting the country access U.S. tech, the Associated Press (AP) reported. Get the Full Story Complete the form...

Security & Fraud
Google Employee Data Exposed During Data Breach, Law Firm Says
October 26, 2020

Fragomen, Del Rey, Bernsen & Loewy, an immigration law firm, has reported a data breach that could involve personal information from current and former Google employees, according to a news report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin
Bitcoin Daily: Bahamas Takes Digital Sand Dollar Nationwide; JPMC Sees Upside In Bitcoin
October 26, 2020

The Sand Dollar state-backed cryptocurrency is now available to each of Bahamas’ nearly 400,000 inhabitants, Finance Magnates 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...

B2B Payments
Yooz Rolls Out B2B AP Automation In Luxembourg, Belgium
October 26, 2020

Purchase-to-pay (P2P) automation technology firm Yooz has rolled out its Software-as-a-Service (SaaS) offering in Luxembourg and Belgium, according to a Monday (Oct. 26) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...