News

Security & Fraud
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Afterpay, Red Cross Team To Collect Donations For Australia Fires
January 07, 2020

Afterpay and the Red Cross are looking for money donations to help Australia amid the bushfire crisis currently ravaging the country. 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
Tribe Payments’ Bankbox Allows For Payroll, AP Integration
January 07, 2020

Tribe Payments has announced that its new Bankbox service, which allows for direct integration into payment rails for payroll and accounts payable (AP), has been completely implemented by bulk payment company Telleroo, according to reports. Get the Full Story Complete the form to unlock this...

B2B Payments
NET(net)’s Savings Cloud Aims To Turn Corporate Tech Spend Into Cash
January 07, 2020

Technology cost optimization firm NET(net) has introduced Savings Cloud, an industry-first program that modifies a company’s technology supply chain for cost efficiency and invests the savings, the company announced on Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and...

Retail
Mall Vacancy Rate Reaches 20-Year High
January 07, 2020

U.S. shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, the Financial Times (FT) reported on Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Sprint Targets SMBs With IoT Commerce Platform
January 07, 2020

Sprint has announced it is launching a redesign of its Sprint IoT Factory, which is a marketplace of Internet of Things (IoT) solutions for small and medium-sized businesses (SMBs), according to a release. Get the Full Story Complete the form to unlock this article and...

News
Top News In Payments: US Backers Rain Money On Savvy Startups; Toyota Designs Japanese Smart...
January 07, 2020

In today’s top news, 2019 is on track to be the second-best year after 2011 for startups worth over $500 million, Toyota unveiled plans for a smart city in Japan, and ExxonMobil and Fiserv have teamed up to let people pay with Alexa at the...

Banking
Goldman’s Reporting Revamp Spotlights Its Consumer Focus
January 07, 2020

If you can’t beat ’em, join ’em — at least when it comes to reporting structure. 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 to our daily...

Investments
HighRadius Hits Unicorn Status With $125M Round
January 07, 2020

Artificial intelligence (AI)-powered FinTech Software as a Service (SaaS) firm HighRadius raised $125 million in a Series B growth funding round, giving it a unicorn valuation, the company announced on Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and...