News

Faster Payments
Deep Dive: Adapting Worker Payments To The On-Demand Era
August 03, 2020

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Cross-border Payments
Global Remittances May Fall By $109B In 2020
August 03, 2020

If it takes a year to contain the COVID-19 pandemic and reopen economies, global payments could fall by as much as $108.6 billion this year, according to Asian Development Bank (ADB) economists. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Report: GoodRx Files For IPO
August 03, 2020

GoodRx Inc., the Santa Monica, Calif.-based prescription drug price-comparison company, plans to go public. 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...

Mobile Payments
Fave: Inside Southeast Asia’s Merchant Super App
August 03, 2020

Mobile payments penetration has historically faced a gap in Southeast Asia, Joel Neoh, founder of leading regional online-to-offline company Fave, told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
Pinterest Stock Jumps 37 Pct On Renewed Advertiser, User Interest
August 02, 2020

Users and advertisers are coming back to Pinterest, resulting in an upswing in sales for the social media company, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
August 02, 2020

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
RealPage, AvidXchange Team On Digital Payments For Real Estate Industry
August 02, 2020

RealPage, which works in software and data analytics, has partnered with AvidXchange to offer Online Vendor Payments, according to a press release, which will help to digitize the payments process for customers in the real estate industry. Get the Full Story Complete the form to...

B2B Payments
Corsair Capital Plans MSTS Acquisition To Boost B2B Payment Business
August 02, 2020

Corsair Capital has agreed to acquire B2B credit and payments provider MSTS, purchasing the company from World Fuel Services Corp., according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Acquiring
Microsoft Aims To Buy TikTok’s US Arm By Sept. 15 After CEO Gets Trump’s Blessing
August 02, 2020

Microsoft Corp. has resumed attempts to buy the U.S. arm of  TikTok — the popular but controversial Chinese video-sharing app owned by ByteDance — by Sept. 15, according to the Redmond, Wash.-based tech giant’s blog. Talks between Microsoft and ByteDance resumed after Microsoft CEO Satya...