News

Retail
Lowe’s Starts Accepting Pandemic Minority Small Business Grant Applications
June 11, 2020

Lowe’s Companies, Inc. opened its inaugural phase of grant applications to offer relief to minority-owned businesses as part of its $25 million commitment announced in the past. The effort comes at a time when small companies work to stay in business and pay their workers...

Cross Border Commerce
Smarter Payments Are Crossing Borders
June 11, 2020

Cross-border payments are immense, clocking in at $29 trillion in 2019 and projected to balloon to an estimated $39 trillion in the next two years. Moving that money securely and swiftly is another matter, however, as pandemic-induced chaos continues to roil markets and embolden hackers....

B2B Payments
Why Economic Volatility Opens Up Opportunity For The Modern Corporate Accountant
June 11, 2020

The pandemic is setting the stage to change just about every aspect of running a business. 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...

B2B Payments
How AR-AP Connectivity Drives B2B Collaboration
June 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. Get the Full Story Complete the form to...

Investments
Fraud Detection Platform NS8 Raises $123M In Series A
June 11, 2020

Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Why Cash Management Is Driving Corporate’s Digital Payments Transformation
June 11, 2020

Corporates are diving into an unprecedented opportunity to digitize and modernize. Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and...

Payment Methods
How Card Issuers Can Stay Competitive In The Post-Pandemic World
June 11, 2020

As consumers have been hit hard by the economic effects of the COVID-19 pandemic, card issuers have seen a sharp impact to their business. In the immediate aftermath of the pandemic that pushed workers into indefinite furloughs and unemployment, credit card transaction volumes plunged by...

B2B Payments
Wave Financial Rolls Out SMB Money Management, Banking Tech
June 11, 2020

Software company Wave Financial plans to roll out a bookkeeping and banking package for small businesses called Wave Money this summer. The company said Thursday (June 11) that the “solution” won’t have banking fees or account minimums and will offer “instant access to funds” and...

Investments
Indonesian Wholesale Marketplace Ula Secures $10.5M In Seed Funding
June 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 million in a new seed funding round, according to an e27 report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...