News

Security & Fraud
Google: State-Backed Hackers Behind Coronavirus Phishing Attempts
April 22, 2020

Security experts at Google have identified over a dozen government-backed hacking groups trying to use the coronavirus pandemic to fuel malware and phishing attempts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Victoria’s Secret Buy Invalid After Staff Furloughs, Lawsuit Says
April 22, 2020

Sycamore Partners, the private equity firm seeking to buy out Victoria’s Secret, is now looking at backing out of the deal after the retailer closed its U.S. locations and let go most of its staff in response to the coronavirus pandemic, according to a report...

Security & Fraud
DOJ Warns Against COVID-19-Related Scams
April 22, 2020

A cooperative effort between police and businesses has shut down hundreds of websites established to exploit the coronavirus pandemic, according to the U.S Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
AcctTwo Aims To Transform SaaS Accounting With Managed Service
April 22, 2020

With a managed accounting service (MAS) created for startup founders and chief financial officers (CFOs), AcctTwo has rolled out service called MAS for SaaS. The offering is meant to change the way software-as-a-service (SaaS) companies handle their daily accounting, meet the considerable requirements related to reports and...

News
Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its...
April 22, 2020

In today’s top news, Facebook closed a $5.7 billion deal for a minority stake in India’s Reliance Jio, and GM shut down its car-sharing company, Maven. Plus, the Senate passed a new $484 billion coronavirus relief package. Get the Full Story Complete the form to...

B2B Payments
Qwil Eyes Vendor Payment Control With SAP Fieldglass Integration
April 22, 2020

To provide vendors with control over how and when they receive their payments, the Qwil Supplier Payment Optionality Solution has become available on the SAP App Center. The technology is integrated with the SAP Fieldglass solution per an announcement. Get the Full Story Complete the form to...

Delivery
Amazon Teams With Food Banks To Deliver Meals To People In Need
April 22, 2020

Amazon is delivering six million meals to underserved populations that have been impacted by the COVID-19 pandemic, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payment Methods
Digital Payments Startup GPay Awarded Vietnam License
April 22, 2020

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Expedia Reportedly Near Deal To Sell $1 Billion Stake To Silver Lake And Apollo
April 22, 2020

Well-known private-equity firms Silver Lake and Apollo are poised to buy a $1 billion minority stake in Seattle-based travel listing giant Expedia Group Inc., according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...