News

Security & Fraud
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
September 10, 2020

Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck Protection Program (PPP), which was created to assist people amid the COVID-19 health crisis, Reuters reported. Get the Full Story...

Faster Payments
RTP Network Reaches 56 Pct Of US Checking Account Holders
September 10, 2020

The operator of a U.S.-based payments clearing network that settles more than $2 trillion daily, reported in a press release that banks that hold 70 percent of the nation’s checking accounts now have access to real-time payments. Get the Full Story Complete the form to...

B2B Payments
Along Supply Chains, Collaboration A Salve To Help SMB Cash Flow Gap
September 10, 2020

The coronavirus is changing the way consumers transact, to be sure — but it is also changing how enterprises transact, along B2B supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Grocery Roundup: Another Amazon Go Grocery Opens; Walmart Delivery Drones Take To The Skies
September 10, 2020

This week was loaded with new moves, developments and shifting consumer patterns in the grocery business, with rollouts from Big Tech serving as the major theme. Amazon Go Grocery added a store in suburban Seattle, Walmart delivery drones took over the skies in North Carolina and...

B2B Payments
Payroll Tech Firm Paylocity Debuts Time Clock With Thermal Scanning
September 10, 2020

As the newest part of its attendance and time technology lineup, Paylocity has introduced new “next-generation” touch-free time clocks. The technology provides contactless and live temperature scanning to provide for secure and healthy offices, according to a Thursday (Sept. 10) announcement. Get the Full Story...

International
TikTok May Stay With ByteDance Beyond Trump Deadline
September 10, 2020

A clash between a Trump administration order and a new Chinese regulation is likely to delay ByteDance’s planned divestiture of its U.S. TikTok operation, Bloomberg reported Thursday (Sept. 10), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy...

News
Today In Payments: Visa, PayPal Expand Real-Time Payments Partnership; Credit Suisse To Launch Digital Banking...
September 10, 2020

In today’s top news, Visa and PayPal have expanded their real-time payments partnership, and Credit Suisse is launching a digital banking app. Plus, Reliance Industries has offered to sell a $20 billion stake to Amazon. Get the Full Story Complete the form to unlock this...

B2B Payments
Comdata Debuts Digital Payment Card For Truck Drivers
September 10, 2020

To help commercial truck drivers make payments for services while traveling, FLEETCOR company Comdata Inc. has rolled out its Virtual Comchek digital payment offering. The Virtual Comchek serves as a single-use digital payment card for drivers as well as fleets, according to a Thursday (Sept. 10)...

Acquiring
Payments And eCommerce Platform Verifone Acquires 2Checkout
September 10, 2020

Verifone, which provides payment and eCommerce products, has acquired 2Checkout. 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...