News

Retail
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March 13 to April 24 compared to the six weeks before. According to the company, the growth was powered by “the...

B2B Payments
Corporates, SMBs Consider Cards To Ease Pandemic Friction
May 06, 2020

With many small businesses struggling to manage cash flow, access loans or secure a portion of government funding, some experts say more of them could turn to commercial cards to support their funding needs. Get the Full Story Complete the form to unlock this article...

B2B Payments
How AR-Client Relationships Can Build Cash Flow Predictability
May 06, 2020

Although it’s a back-office function often plagued with loads of friction points, the accounts receivable (AR) department rarely gets the attention it deserves from digital transformation initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Visa Leads Latest Funding For FinTech Startup Nium 
May 06, 2020

FinTech payments startup Nium, based in Singapore, is getting a new round of funding led by new investors Visa and BRI Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. 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...

Investments
Singapore’s Ninja Van Delivery Startup Raises $279M
May 06, 2020

Parcel delivery startup Ninja Van, working in overdrive during the pandemic, ended a funding round with $279 million. 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...

B2B Payments
How Higher Education Finds The Flexibility To Manage Cash Flow
May 06, 2020

There are three letters that best describe the state of higher education in the U.S. amid the pandemic: T-B-D. 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...

B2B Payments
Flywire CEO: How Higher Ed Must Find The Flexibility To Manage Cash Flow
May 06, 2020

There are three letters that best describe the state of higher education in the U.S. amid the pandemic: T-B-D. 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...

Payments Innovation
What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
May 06, 2020

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments, especially in face-to-face transactions, surged by double digits year over year. Get the Full...