News

Loyalty & Rewards
QuickChek, Paytronix Team On Reward Program
September 22, 2020

Digital guest experience platform Paytronix helped to implement a new digital rewards program for QuickChek, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
TravelBank, U.S. Bank Team On Virtual Cards, Expense Management
September 22, 2020

TravelBank will work with U.S. Bank in order to integrate the former’s travel and expense management platform with the latter’s U.S. Bank Instant Card, in order to boost expense management for corporates, according to a press release. Get the Full Story Complete the form to...

Security & Fraud
FTC Reports $145M In COVID-Related Scams Since January
September 22, 2020

More than 200,000 Americans have lost $145 million linked to the COVID-19 pandemic since the start of the year, the Federal Trade Commission (FTC) reported on Tuesday (Sept. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Chinese Regulator Fines Luckin, 43 Other Companies In Fraud Case
September 22, 2020

China’s top regulator, the State Administration for Market Regulation, has fined coffee chain Luckin Coffee and other firms that helped it inflate its sales and expenses last year, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Basware Debuts AI Tool For Accounts Payable Automation
September 22, 2020

To automate the transformation of machine-readable PDFs to digital invoices, Basware has rolled out SmartPDF AI in the newest expansion of its SmartPDF offering. The tool uses information taken from past invoices through a cutting-edge machine learning (ML) model, according to a Tuesday (Sept. 22)...

Investments
Cloud Software Co. Mirakl Raises $300M
September 22, 2020

Mirakl, the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Mesh Payments Rolls Out Cardless B2B Recurring, One-Time Payments
September 22, 2020

To allow companies to supervise their finances while keeping them safe from payment failures, Mesh Payments has rolled out a cardless payment offering for companies that simplifies recurring and one-time payments. The company noted that the product offers a full view and management over business...

B2B Payments
Lack Of Trade Credit Insurance Hampers US Supply Chains
September 22, 2020

In another barrier to the American economy’s stop-and-start recovery, insurance administrators, customers and brokers say that trade credit insurance has been significantly reduced for U.S. firms, a lack that has hampered American supply chains, The Wall Street Journal reported. Get the Full Story Complete the form...

Retail
Amazon Launches Prime Day; Walmart Counters
September 22, 2020

In addition to their joint desire to dominate the whole U.S. paycheck, Amazon and Walmart are trying to dominate October. Several credible sources reported on Tuesday (Sept. 22) that the long-postponed Prime Day will be now be held Oct. 13-14. Walmart countered with an announcement...