News

B2B Payments
The Role Of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks
June 24, 2020

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. 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...

Westgate Resorts: Why Faster Worker Pay Is Key To Reopening
June 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Businesses are reopening to a different reality than the one that existed just three months ago, however. Firms are adopting new safety policies concerning everything from sanitation to public occupancy limits. Many of...

International
Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments
June 24, 2020

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...

Security & Fraud
DOJ Alleges Man Faked 120 Employees To Get $3M PPP Loan
June 23, 2020

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...

B2B Payments
Corporate Benefits App Swile Notches $78.7M In Series C Funding
June 23, 2020

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...

B2B Payments
Scout RFP Partners With Suplari To Boost Business Spend Visibility
June 23, 2020

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...

B2B Payments
New SutiSoft Features Boost Expense Management Functions
June 23, 2020

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...

Retail
Saks To Reopen Flagship Fifth Avenue Store With Safety Measures
June 23, 2020

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...

Partnerships / Acquisitions
MoneyGram Teams With Korean FinTech To Boost Digital Growth
June 23, 2020

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...