News

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,...

Security & Fraud
California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
September 21, 2020

California is putting all new unemployment benefits claims on hold for the next two weeks as it tries to sort out an epic backlog affecting more than 1.6 million people who have lost their jobs amid the coronavirus crisis. Get the Full Story Complete the...

Retail
Today In Retail News: Walmart Goes Private Label; SMB Retailers Get A Boost From Media...
September 21, 2020

In today’s top retail news: Walmart branches out into private-label fashion, SMB retailers seize media opportunities, and the pandemic gives the book industry a surprising boost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Fed Moves To Revamp Community Reinvestment Act
September 21, 2020

The Federal Reserve Board on Monday (Sept. 21) took the first step toward overhauling the regulations that affect banks’ lending in economically challenged areas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Today In Digital-First Banking: Next Insurance Aims To Raise $250M In Funding; FLEETCOR Agrees To...
September 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). Plus, Nacha has announced the...

Retail
Demand For Books Surprisingly Outstrips Supply During Pandemic
September 21, 2020

The pandemic has had something of a strange effect on the world of book publishing. Shut-down bookstores and closed classrooms initially depressed sales in the market, particularly of educational books. But that drop-off has reportedly been replaced and even surpassed by consumer demand for printed books to be read during the...

Retail
Bird Angles For Direct Sales Of New Scooter Model
September 21, 2020

Electric scooter-maker Bird launched a new model on Sunday (Sept. 20) and is increasing its efforts to zip right past retailers to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...