News

Investments
Melio Funding Reaches $144M To Simplify B2B Payments
September 08, 2020

Melio, the B2B digital payments company for small and medium-sized businesses (SMBs), has raised $144 million since its inception two years ago, the company announced Tuesday (Sept. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Permanent Digital Shift Quantified In ‘How We Shop’ Report
September 08, 2020

As PYMNTS continues to chronicle business impacts of the novel coronavirus, patterns are emerging that suggest how much things actually have changed in just a twinkling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Why B2B Payment Pain Points Go Far Beyond The AP Department
September 08, 2020

The global pandemic has, no doubt, changed the B2B payments landscape forever. The name of the game today is digitization, with paper checks and cash no longer viable payment methods in the context of moving funds from one business to another. Get the Full Story...

B2B Payments
Cyberattackers Go Global To Steal Company Cash
September 08, 2020

With cyberattacks skyrocketing amid the pandemic, new data is rolling out to paint a picture of just how damaging the ramped-up thievery has become. In this week’s B2B Data Digest, PYMNTS looks at some of those numbers, finding cybercriminals both within and outside of the...

B2B Payments
Middesk CEO On Helping FIs And FinTechs Derisk KYB
September 08, 2020

When the U.S. rolled out the Paycheck Protection Program (PPP), it lifted the veil on one of the biggest friction points in business banking today. In the mad dash for small firms to secure capital, many sought their PPP loans from banks other than their...

Retail
Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’
September 08, 2020

The reCommerce business has met the sharing economy. That’s the oversimplified view of the business model adopted by Wardrobe, a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a...

Investments
B2B Cross-Border Payments Network Thunes Raises $60M
September 08, 2020

Thunes, the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. 8) that it raised $60 million in Series B funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change
September 08, 2020

Consumers are living in stressful times, and Patrick Gauthier, vice president at Amazon Pay, told PYMNTS in a recent interview that merchants working to prepare for retail’s new normal should start by addressing that. Get the Full Story Complete the form to unlock this article...

Faster Payments
On Demand Pay Finds A Home In Financial Services
September 08, 2020

Unemployment remains stubbornly high, yet pockets of resilience emerge. 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,...