News

B2B Payments
MineralTree Expands Integrations For Remote AP Departments
April 09, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
April 09, 2020

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds — a $350 billion segment of the $2 trillion in government stimulus passed as part of the CARES Act a little less than two weeks...

B2B Payments
Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw
April 09, 2020

Procure-to-pay tool BuySpeed, which is used by government entities, was vulnerable to a zero-day, cross-site scripting flaw that has reportedly been resolved, SC Media reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Some Consumers Are Tip-Baiting Instacart Shoppers To Get Deliveries
April 09, 2020

Some Instacart customers have begun pulling a nasty trick, changing large tips to the shoppers to much lower amounts or even $0 after the fact, according to a report by CNN. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Icertis Adds Contract Management To SAP Ariba
April 09, 2020

Icertis has teamed with SAP Ariba solutions in order to improve the source-to-contract process, according to a press release. 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...

Retail
New Data Says Department Stores Have 40 Percent Chance Of Defaulting
April 09, 2020

Former Rue21 CEO Bob Fisch said in a recent interview that department stores were “fossils” and belonged in museums only, and new market data doesn’t seem to dispute his opinion. Amid the current coronavirus pandemic, department stores have the highest chance of defaulting among any...

Security & Fraud
Travelex Reportedly Paid $2.3M Ransom To Hackers
April 09, 2020

Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Taulia: Early Payment Volume Spikes As Suppliers Seek Capital
April 09, 2020

With the coronavirus pandemic driving demand for financing by small companies, early payment volume is higher by 208 percent month over month per insights from Taulia. The insights show that small businesses require predictable and reliable cash flow to operate their companies amid challenging times,...

News
Today In Payments: Vroom Teams With Santander For Financing; Uber Eats Grows Business Delivery
April 09, 2020

In today’s top news, Vroom has arrived at a multi-year deal with Santander Consumer USA for auto financing, and Uber Eats launched its food delivery services for business around the world. Plus, Starbucks is withdrawing its 2020 outlook. Get the Full Story Complete the form...