News

B2B Payments
B2B Investors Bolster SMBs’ Global Ambitions
July 26, 2019

Gusto’s payroll technology secured the largest investment round of the week with $200 million. But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade...

B2B Payments
Senators Move To Keep Export-Import Bank Alive
July 26, 2019

U.S. lawmakers submitted a bill to Congress Wednesday (July 24) in an effort to reauthorize the nation’s Export-Import Bank for the next decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Nucleus Software Targets Real-Time Payments Fraud
July 26, 2019

As payments accelerate, the window of opportunity for financial service providers to identify and shut down a fraudulent transaction narrows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
UK Businesses Accelerate Bank Switching
July 26, 2019

Small businesses in the U.K. accelerated their bank-switching in the second quarter of 2019, with twice as many small and medium-size businesses (SMBs) taking advantage of the Current Account Switch Service (CASS) compared to the second quarter of 2018. Get the Full Story Complete the...

Payment Methods
WhatsApp Moves Payments From Pilot To Rollout In India
July 26, 2019

Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India. 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...

International
China Testing Radical Plan To Judge Citizens’ Behavior
July 26, 2019

China is racing to become the first country to implement a pervasive system of algorithmic surveillance, igniting fears that the government will control its citizens’ lives.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Why A Smart China Plan Isn’t About Moving Fast Or Breaking Anything 
July 26, 2019

The Chinese market presents a formidable, but also somewhat irresistible challenge to any payments and commerce player standing on the outside looking in. Formidable because from both a regulatory and consumer interest point of view, there isn’t a surplus of easy inroads into the market....

Regulation
DOJ/State AGs Meet To Review Big Tech-Antitrust Connection
July 26, 2019

U.S. Attorney General William Barr met with a bipartisan group of state attorneys general on Thursday (July 25) to discuss competition and antitrust issues related to big tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Standard Cognition Gets $35M For Cashless Checkout
July 25, 2019

Standard Cognition, a startup that develops autonomous checkout technology that rivals Amazon’s, has raised $35 million in a Series B funding round and is valued at $535 million, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article...