News

B2B Payments
How Businesses Drive Unexpected Open Banking Innovation
April 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Some Banks Seize Stimulus Money To Cover Customer Overdrafts
April 17, 2020

Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. 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...

Ridesharing
Uber Expects Revenue Plunge As It Retracts 2020 Guidance 
April 17, 2020

The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
NEW DATA: Five Ways Social Distancing Is Transforming Retail
April 17, 2020

COVID-19 has driven consumers indoors — and online. Consumers are 30.6 percent more likely to make their purchases online in 2020 than they were in 2019, underscoring the increased reliance on digital commerce now that retail stores are closed until the pandemic recedes. Get the...

B2B Payments
Ember Launches Solution To Streamline B2B Finance Functions
April 16, 2020

Ember, a new startup purporting to make it easier for users to track their finances, is live after months of developments and a seed round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
FinTech Faces Hurdles Making SBA Loans
April 16, 2020

PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was designed to keep businesses in the black during the COVID-19 pandemic.  Get the Full Story Complete the form to unlock...

B2B Payments
Taulia Eases Vendor Migration To Electronic Invoicing
April 16, 2020

To help businesses impacted by the coronavirus, Taulia has rolled out its Rapid Start Invoicing offering. The technology, which can be put into place within seven days, will let companies provide their suppliers with the ability to electronically submit invoices and keep their accounts payable...

B2B Payments
Deutsche Loops Thai Corporates Into Instant Payments
April 16, 2020

Customers at Deutsche Bank‘s Bangkok branch will soon have access to electronic payments via the bank’s PromptPay service, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Tide Tests Invoice Non-Payment Protection Offering
April 16, 2020

To assist small- and medium-sized businesses (SMBs) in keeping their cash flow safe from unpaid or late payments on invoices, Tide has rolled out a new invoice protection offering with the help of Hokodo, according to a press release. Get the Full Story Complete the...