Brazil’s central bank has suspended WhatsApp’s payment feature in the country, citing antitrust concerns, according to Bloomberg on Tuesday (June 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A 44-year-old Texas man, Fahad Shah, was charged with fraud for allegedly attempting to file fake loan applications for the Paycheck Protection Program (PPP), according to a press release from the Department of Justice (DOJ). Get the Full Story Complete the form to unlock this...
Swile notched $78.7 million in an Index Ventures-led Series C funding round held a few months prior, which it will use to help oversee corporate benefits and bolster team building. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Scout RFP, which works in cloud-based sourcing and supplier engagement, has integrated with artificial intelligence (AI)-driven analytics platform Suplari in a bid to let customers access better spend visibility and analytics, according to a press release. Get the Full Story Complete the form to unlock...
SutiSoft, which provides cloud-based programs for business payments and finance operations, has rolled out its new SutiExpense 9.2 for expense management, promising more efficient report approval and more options for businesses, according to a press release. Get the Full Story Complete the form to unlock...
When Saks Fifth Avenue reopens its 10-story flagship store in New York City on Wednesday (June 24), customers will be greeted by 100 hand sanitizer stations and ultraviolet handrail cleaners on its 22 escalators, among other precautions. Get the Full Story Complete the form to...
Money transfer company MoneyGram International Inc. has partnered with Global Money Express Co. Ltd., (GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. Get the Full Story Complete the form to unlock this article...
To speed up start-to-finish trade finance process automation, Kofax has rolled out its new Trade Finance Solution with a “low-code” and modifiable structure. The technology automates the handling of hard copy and electronic trade transaction paperwork, which enables banks and other financial institutions (FIs) to...
Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed the nation’s financial watchdog, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
