News

Investments
Vanguard’s Ant Tie-Up Attracts 200,000 Chinese Investors In 100 Days
July 19, 2020

A joint venture for an advisory partnership between Vanguard and Ant Financial in China has hooked 200,000 clients in in its first 100 days, Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Drop Delivery Starts Raising Capital For Cannabis B2B Payments System
July 19, 2020

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
July 19, 2020

Wirecard AG’s accounting firm said an independent report failed to account for half of the German payment company’s  revenue and all its operating profit, the Financial Times (FT) reported.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
TMC, Shell Fuel Management Solution To Boost EV Charging, Mileage Tracking
July 19, 2020

The Miles Consultancy (TMC) has teamed with Shell for a new fuel management solution that the companies say will help save businesses money and time through new options for electric vehicles (EVs) and tracking business trips. Get the Full Story Complete the form to unlock...

Banking
India’s Central Bank Warns Of Banking Crisis
July 19, 2020

Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Twitter Hackers Took Personal Data From Celebrity Accounts
July 19, 2020

Twitter has provided a glimpse into its investigation of last week’s security breach, the worst in its 14-year history, as hackers commandeered more than 100 high-profile accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Europe
Southern Europe Is Open But Tourists Are Few
July 19, 2020

Despite government incentives, travel bookings are down in Italy, The New York Times reported. 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...

B2B Payments
Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
July 19, 2020

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news site teiss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Efforts To Address Late B2B Payments Go Global
July 18, 2020

Though the coronavirus pandemic has highlighted the impact of late B2B payments in the U.S. — both due to U.S. corporates paying their suppliers late, as well as U.S. vendors struggling with delayed payments — the matter is, and always has been, a global one....