News

B2B Payments
The Hard-Dollar Value Of Buyer-Supplier Collaboration
December 16, 2019

Procurement processes don’t begin and end with a purchase or a payment. For large corporates working with hundreds, sometimes thousands of manufacturers, the procure-to-pay processes is a long, drawn-out one, with plenty of room for data bottlenecks, errors and late payments. Get the Full Story...

B2B Payments
Holiday Season Brings Corporate Payments Fraud Spike
December 16, 2019

’Tis the season for corporate fraud? 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 newsletter, PYMNTS Today. By completing this form, you agree to...

Security & Fraud
SWIFT Expands Global KYC For Corporates
December 16, 2019

SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
Uber Negotiating With India Rival Zomato To Unload Eats Biz
December 16, 2019

Uber could invest $100-200 million in competitor Zomato as part of a deal to unload its food delivery arm Uber Eats, Economic Times (ET) reported on Monday (Dec. 16), citing sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile Payments
PNC Blocks Venmo, Tells Users To Switch To Zelle
December 16, 2019

In financial services, access to data is, well, everything. 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 newsletter, PYMNTS Today. By completing this form,...

International
Chinese Province Shuts Down All P2P Lenders
December 16, 2019

Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. 13). Get the Full Story Complete the form to unlock this article and...

New Data: Why MSPs Are Staking Their Futures On Value-Added Services
December 16, 2019

The digital commerce ecosystem has opened up vast growth opportunities for businesses of all sizes and stripes. Even the smallest of enterprises can leverage services like cross-border payments, data analytics and customer management tools, transforming one-time purchasers to loyal customers. Get the Full Story Complete...

Digital Banking
Why FIs’ Future Means Smarter, Not Only Faster, Payments
December 16, 2019

Faster, better, experiential — those are among the terms that come to mind when one thinks about how payments are changing around the world. Here at PYMNTS, we are nothing if not keen chroniclers of change (and what it means for readers), and that’s why we recently...

Delivery
Baemin South Korean Food Delivery App Gets $4B Offer
December 15, 2019

South Korea’s Woowa, the startup behind the Baedal Minjok app — commonly known as Baemin — was offered $4 billion by Berlin-based Delivery Hero, Bloomberg reported on Friday (Dec. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...