News

B2B Payments
RoadSync Adds ACH Support For Logistics Receivables
September 27, 2019

The company said in a press release on Thursday (Sept. 26) that it has added Automated Clearing House (ACH) functionality, as well as direct billing, to the RoadSync platform. The additions provide more options for clients – including freight handlers, trucking companies and warehouses –...

B2B Payments
Congress Presses Fed On Real-Time Payments Plan
September 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. Reception toward the initiative was not, however, universally positive. Get the Full Story Complete...

Investments
Fundbox, Tipalti Tip The B2B Payments VC Scales
September 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday (Sept. 26).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Taking Stock Of What’s In Stock With Retail Robots
September 27, 2019

Inventory stock outs plague brick and mortar retailers. Knowing just what items are where — and replacing or replenishing them — can be a painstaking task. Martin Hitch, co-founder of Bossa Nova, tells Karen Webster that robots in the aisles can pinpoint problems on shelves before...

Faster Payments
The Cash Flow Solution App Developers Don’t Know They Need — But Do
September 27, 2019

The phrase “slow payment cycles” conjures up the image of old school buyer-supplier relationships and the 30- to 90-day payment window created by an inefficient paper-dominated cycle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Will The SAFE Banking Act Make Life Riskier For Banks?
September 27, 2019

Since California first declared marijuana “legal” for medical consumption in 1996, transactions involving legally permitted cannabis have been complicated things. In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized...

Investments
Mercury Notches $20M To Fund Startups
September 26, 2019

California-based digital bank Mercury has announced it has raised $20 million in Series A funding that will be used to build a bank for startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
DoorDash Says May Breach Hit 4.9M Users
September 26, 2019

DoorDash has revealed that it was the victim of a data breach in May. 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...