News

B2B Payments
Xero Partners With Square For Faster B2B Payments
February 11, 2020

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
FinCEN Tweaks Rule On Reporting Financial Transactions
February 11, 2020

The Department of the Treasury Financial Crimes Enforcement Network (FinCEN) has issued a new ruling on the reporting of currency transactions for sole proprietorships and legal entities operating under a “Doing Business As” (DBA) name, according to a Monday (Feb. 10) release. Get the Full...

Regulation
Zuckerberg To Meet With EU Regulators Prior To Big Tech Proposals
February 11, 2020

Facebook CEO Mark Zuckerberg has scheduled meetings with European Union (EU) regulators ahead of an official proposal presentation to create a new framework for Big Tech, Reuters reported on Tuesday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy...

International
Coronavirus Concerns Hit Retail Supply Chain
February 11, 2020

The phrase “out of stock” is starting to show up in discussions about the coronavirus. As Chinese companies and American companies doing business in China grapple with quarantines and proliferation the disease, U.S. retailers are concerned about a supply chain problem. Get the Full Story...

B2B Payments
RBC Bank Automates AR Collection Reminders
February 11, 2020

The Royal Bank of Canada (RBC) is the first Canadian financial institution to offer businesses Interac eTransfer: Bulk Request Money for the efficient management of accounts receivable (AR), RBC announced Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and...

News
Today In Payments: Mastercard To Join China’s $27T Payments Market; Uber, Postmates Lose Bid To...
February 11, 2020

In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law. Also, the Department of Justice charged four Chinese intelligence officers with the 2017 cyberattack on...

International
Online Orders Surge In China As Coronavirus Continues
February 11, 2020

In China’s Wuhan district, the epicenter of the coronavirus outbreak, many residents are not allowed to leave their homes, much less go out shopping. And even if they could, many stores are closed. This has caused a spike in online delivery services for companies like...

Delivery
Deliverr Lands $40M In Funding To Battle Amazon
February 11, 2020

How does a company compete with Amazon? At Deliverr, they attack what Amazon won’t handle – and now they have the funding to prove it. Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital...

International
Uber Money Expands To India
February 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported. Get the Full Story...