News

B2B Payments
Cognizant Corporate Cards Targeted In Cyberattack
June 22, 2020

A cyberattack from Maze ransomware against global business and tech firm Cognizant mostly hit the company’s corporate cards that had been issued to employees, the company told authorities, according to The Times of India. Get the Full Story Complete the form to unlock this article...

Investments
Cedar Raises $102M For Simplified Patient Medical Payments
June 22, 2020

Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). Get the Full Story Complete the form to...

IPO
Cloud-based FI Software Provider nCino To Go Public
June 22, 2020

nCino, a cloud-based software provider for financial institutions (FIs), plans to go public, per a press release. 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...

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...