News

Bitcoin
Bitcoin Daily: Bitcoin Exchange Balances Drop Prior To Halving; Price Of Physical Gold Jumps As...
April 15, 2020

Investors might be keeping their bitcoins prior to halving in May, at which point rewards for each block mined will be reduced, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
FTC Reports Over 18K Fraud Reports Linked To Pandemic
April 15, 2020

According to the FTC, there have been 18,235 reports of fraudulent activity or fraud attempts related to the coronavirus since Jan. 1. In total, people have lost $13.44 million to fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
OpenPayd Loops Into SEPA For Corporate Payments
April 15, 2020

With direct access to the SEPA (Single Euro Payments Area) payment program, OpenPayd has bolstered its payments functions, 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...

News
Today In Payments: Amazon Will Lower Affiliate Commissions; Agricultural Bank Of China Pilots App That...
April 15, 2020

In today’s top news, Amazon will lower commission rates for the Amazon Associates program, while one of China’s state-owned banks has a mobile pilot app that supports central bank digital currency. Also, St. Louis Federal Reserve President James Bullard estimated that the quarantine is costing the U.S. economy...

B2B Payments
Judge Lets Bank Of America Favor SMB Clients With PPP Loans
April 15, 2020

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program (PPP), according to a Bloomberg report posted by Yahoo Finance. Get the Full Story Complete the form to unlock this...

B2B Payments
Tradeshift Partners With Chain IQ To Optimize Indirect Spend
April 15, 2020

In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain IQ, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
US Warns Of North Korean Cyber Threats To Banks
April 15, 2020

The FBI joined the departments of Homeland Security, State and Treasury in issuing a joint advisory on Wednesday (April 15) about increased cyber threats from North Korea. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Apple Introduces A $399 iPhone SE
April 15, 2020

Apple will start taking orders on Friday (April 17) for its new, smaller, $399 iPhone in a move to reach budget-conscious customers as the COVID-19 pandemic wreaks havoc on paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Airbnb Notches Second $1B Loan As Bookings Fall
April 15, 2020

Airbnb Inc. received a second infusion of cash with a $1 billion loan from institutional investors, the company announced on Wednesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...