News

B2B Payments
Buyers And Suppliers Tackle The Invoice-To-Pay Digitization Journey
May 04, 2020

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer spending to drive top and bottom lines: Plan for the worst, hope for the best. Get the Full Story Complete...

Partnerships / Acquisitions
Intel Eyes Purchase Of Traffic Data Firm Moovit For $1B
May 03, 2020

American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Some 10 percent of the purchase price is anticipated to retain workers across the next two years. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
May 03, 2020

The U.S. government’s massive payouts of financial aid to health care providers of Medicaid and other programs have inadvertently resulted in taxpayer dollars going to companies or individuals under criminal or civil legal investigation. Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US...
May 03, 2020

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Ridesharing
Uber Revs Up Restart, Will Require US Drivers And Riders To Cover Faces
May 03, 2020

Drivers for Uber will soon be required to wear masks in several countries, including the U.S., the company said. 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
RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
May 03, 2020

Bó, the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report. Get the Full Story Complete the form to unlock this...

B2B Payments
Corporate Ransomware Payments Up In Remote Working Environment
May 03, 2020

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of complexities with shifting to remote work for many people, according to a Coveware blog post. Get the Full Story Complete...

B2B Payments
GreenBox POS Enables Same Day ACH Deposits To Business Accounts
May 03, 2020

Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than usual, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...