News

B2B Payments
Reuters, KPMG Team For Aussie Business Taxes
February 06, 2020

Business information firm Thomson Reuters is teaming up with global tax company KPMG to offer Australia businesses a solution to deal with fringe benefits taxes (FBT), Thomson Reuters announced Thursday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
SEC Proposal Would Allow Token Sales Under Current Securities Laws
February 06, 2020

Hester Peirce, a financial regulator at the U.S. Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Get the Full Story...

B2B Payments
Signature Bank Taps Tech For Simplified AP
February 06, 2020

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Bankruptcy Wave Hits Whole Foods Competitors
February 06, 2020

Big companies. Essential products. Burgeoning delivery options. It would make sense that the supermarket business might be immune from the cross-currents of retailing in 2020. But that’s not the case, especially if you compete with Whole Foods. Get the Full Story Complete the form to...

B2B Payments
Outage Persists For WEX Fleet Fuel Cards
February 06, 2020

Truckers were left with unfilled gas tanks nationwide after an outage to WEX commercial fleet fuel cards, reports indicated on Thursday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
Top News In Payments: Stripe To Power Digital, In-Store Payments For Lightspeed; Fed Weighs Cost...
February 06, 2020

In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap...

CFPB
Waters Tells CFPB Head To Do Better
February 06, 2020

The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that the organization needs to do better. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Afterpay Pushes Back Against Australia’s Fee Regulation
February 06, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay claims it shouldn’t be considered as a payment system because of its smaller scale, and due to the fact that it must go...

International
China’s Alibaba Sets Up Platform For Coronavirus Medical Supplies 
February 06, 2020

Chinese eCommerce giant Alibaba Group has set up a special platform featuring global medical supplies to help fight the Coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....