News

Ridesharing
Lyft Files Lawsuit Against NYC For Cruising Limits
October 14, 2019

Lyft has filed a lawsuit against New York City over a mandate limiting the time its drivers are allowed to spend cruising in Manhattan without passengers, Cnet reported on Friday (Oct. 11), following a similar lawsuit by rival Uber last month. Get the Full Story...

B2B Payments
Enterpay Raises Funds To Expand Internationally With B2B Invoicing Solution
October 14, 2019

Finnish invoicing company Enterpay announced that it has closed a €1 million ($1.1 million) funding round, and has also entered into a partnership with German bank Volksbanken Raiffeisenbanken. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Uncovering Supply Chains’ Deepest Risks With Data Innovation
October 14, 2019

Supply chain risk never sleeps, and as global expansion becomes a more viable option for growing enterprises, so does the prospect of heightened risk exposure. Global growth inevitably means working in unfamiliar territory, whether it be new geographic markets, business partners or otherwise. Get the...

B2B Payments
EY Exec Calls For Retooling Old QC Rules
October 14, 2019

John King, Ernst & Young Americas’ vice chair for assurance, wants to see more consistency from the country’s audit regulator, the Public Company Accounting Oversight Board (PCAOB), and has called for a retooling of out-of-date quality control rules that are more in line with international...

B2B Payments
Bringing Government Procurement Into The Digital Age — And Onto Online Marketplaces
October 14, 2019

State and local governments buy from suppliers across contracts and catalogs. Like all manner of commerce, online marketplaces can speed the connection between buyers and sellers. Periscope Holdings’ SVP David Landsman explains how digitizing public sector procurement can maximize the use of taxpayer dollars.

B2B Payments
Paychex Wades Into Wearables, Real-Time Payments
October 14, 2019

Payroll and human resource management solution provider Paychex has unveiled a range of new solutions and services at the 2019 HR Technology Conference & Exposition event late last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Deep Dive: How Banks Are Innovating AML Strategies In The Face of Global Fraud
October 14, 2019

Money laundering and similar forms of fraud have become more concerning for FIs as reports of cybercrime circulate globally. Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime, and fraudsters undoubtedly hope to...

Payments Innovation
The Rise of Shared Parking In The Platform Economy
October 14, 2019

With 225 million U.S. drivers, parking can be a tight squeeze. Of course, marketplaces are vying to solve the parking problem — but enticing drivers and driveway lenders to participate takes more than just offering an app and competitive prices. In the latest Payments And...

Partnerships / Acquisitions
Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
October 14, 2019

British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo, Bloomberg reported on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...