With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. This week’s commercial card innovation roundup includes initiatives in areas like employee expense and small business credit, but some of the...
Lemonade, the insurance startup backed by Japan’s SoftBank, soared on its first day of trading Thursday (July 2), rising more than 100 percent as of the afternoon after raising $319 million in an initial public offering. Get the Full Story Complete the form to unlock...
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Uber will be requiring drivers and riders to wear masks for the forseeable future, Reuters 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...
Corporates of all sizes and verticals are taking an introspective look at internal operations to pinpoint areas of opportunity for working capital optimization. Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy...
A new digital, contactless feature for India-based software developer Marg ERP will hopefully help users maintain social distancing when working with retailers and other people dealing in day-to-day transactions, a press release says. Get the Full Story Complete the form to unlock this article and...
The U.K. Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance, according to Sky News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As a one-size-fits-all solution does not exist for the increasing problem of synthetic identity fraud, The Federal Reserve reports that experts suggest a “comprehensive approach” for the challenge. A strategy that is “multi-layered” that makes use of manual and digital information analysis provides the best...
SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
