News

Retail
Existing Home Sales Down 27 Pct In May
June 22, 2020

For the third consecutive month, existing home sales fell in May as COVID-19 has made homebuying more challenging, according to the National Association of Realtors (NAR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
NexaCollect Rolls Out B2B Division For Commercial Debt Collection
June 22, 2020

To help firms retrieve funds from past-due invoices, NexaCollect has rolled out a B2B arm that provides information about commercial debt collection, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
HSBC Brings Remote Account Opening To Hong Kong SMBs
June 22, 2020

To let companies open business accounts online, HSBC rolled out Hong Kong’s inaugural remote business account opening process designed for small- to medium-sized businesses (SMBs), according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Wirecard’s End Appears To Begin In China
June 22, 2020

For Wirecard, does the end start in China? 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, you...

Payment Methods
Verizon Debuts Visa Credit Card With Rewards
June 22, 2020

To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card. The Synchrony-issued credit card, which will officially roll out on June 26, will enable mobile clients to save on their bills via rewards,...

News
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers are putting more money in the bank than ever before. Get the Full Story Complete the form to unlock this...

Security & Fraud
New Zealand Seizes $90M In Bitcoin Fraud Case
June 22, 2020

New Zealand police have frozen $90 million they say belongs to alleged bitcoin scammer Alexander Vinnik in what’s being called the country’s largest money seizure ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Live Jewelry Auctions To Return, But Online Sales Will Persist
June 22, 2020

Auction house Sotheby’s said it is set to resume Geneva’s live auctions of jewelry, which were suspended when the coronavirus pandemic hit. The first live event is set for this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Massachusetts Reopens Its Dining Rooms
June 22, 2020

Restaurant dining rooms in Massachusetts reopened on Monday (June 22), after being shuttered for three months. 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...