News

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...

Retail
Mulan’s Big Win Shows Disney+ Has Potential As An eCommerce Ecosystem
September 21, 2020

We saw a tale of two big Labor Day weekend releases this year: Disney’s Mulan and Christopher Nolan’s time travel-thriller Tenant. Both were billed as 2020’s big summer blockbusters, both had budgets in the hundreds of millions, both enjoyed extensive marketing campaigns, and both came to their...

News
Today In Payments: FinCEN Files Reveal Billions In Suspicious Money Flows; Chime Now More Valuable...
September 21, 2020

In today’s top news FinCEN discovered an underworld of corruption in the world’s banks and how governments allow it to thrive, and challenger bank Chime is now worth more than Robinhood. Plus, a California judge temporarily blocked President Trump’s WeChat ban. Get the Full Story...

B2B Payments
Trade Nicely Offers Bartering Services For B2B Debt
September 21, 2020

Idaho’s Trade Nicely is working to implement a new bartering-style system where companies can trade their nonperforming assets like debt, accounts receivables and outstanding balances, rather than having to pay to get rid of them, a press release says. Get the Full Story Complete the...

International
JD.com Joins China’s Central Bank To Advance Digital Currency
September 21, 2020

As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
MSTS Teams With GenAlpha For Manufacturing B2B Payments
September 21, 2020

To help further online commerce plans with easier B2B payments, MSTS has teamed with Equip solution provider GenAlpha. The ability to create loyalty via frictionless eCommerce has taken on higher importance as manufacturing firms need to adapt quicker to digital channels because of the pandemic,...

Security & Fraud
HSBC To Staff: Stay Off Bank’s Social Media Accounts
September 21, 2020

The 233,000 worldwide employees of HSBC Holdings Plc were ordered on Monday (Sept. 21) to stay off the bank’s social media sites after a report was leaked to BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ).  Get the Full Story Complete the form to...

International
Big Tech, Payments Firms May Be Targets Of China’s ‘Blacklist’
September 21, 2020

Taking names, making lists — and boosting geopolitical tensions. 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 completing this form,...