News

B2B Payments
When Micro Supply Chain Frictions Create Major Payment Bottlenecks
August 29, 2019

Down supply chains, paper checks indeed remain the dominant way companies pay suppliers, logistics service providers and business partners. While the payment method is far from efficient — paper requires manual data entry, expanding the risk of mistakes and fraud and taking up valuable time...

B2B Payments
Top Banks Adjust Asia Strategy To Support Corporate Clients
August 29, 2019

Some of the world’s largest banks are adjusting their strategies in Asia in order to strengthen their support of corporate and small business clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Cyberattacks, Fraud Cost UK SMBs Nearly $11B
August 29, 2019

Small businesses in the U.K. lost an estimated $10.74 billion due to cyberattacks, fraud, terrorism and other risk factors, according to new research by insurance broker Gallagher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Blockchain Platform we.trade Sees First Bank Transaction
August 29, 2019

Blockchain supply chain finance platform we.trade has seen its first bank transaction. 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...

Security & Fraud
Capital One Hacker Indicted On Fraud, Theft Charges
August 29, 2019

The woman accused of one of the largest instances of corporate hacking in recent memory was indicted on charges of wire fraud and computer data theft on Wednesday (Aug. 29), according to a report by Reuters.  A federal grand jury indicted 33-year-old software engineer Paige...

Retail
Juul To Adopt More Stringent Anti-Youth Checks
August 29, 2019

Juul, one of the most popular e-cigarette brands in the U.S., will be adopting a new age verification system to curb underage smoking, according to a report by The Wall Street Journal.  Get the Full Story Complete the form to unlock this article and enjoy...

Wearables
Take Two For Fitbit’s Versa 2
August 29, 2019

The headlines that started the month of August were less than thrilling for Fitbit — as some were beginning to wonder if Apple had already won the wearable war.  Sales on the Versa Lite, Fitbit’s “affordable” answer to the Apple Watch (starting at $160) came...

eCommerce
How Square’s Orders API Became Central To Its Strategy
August 29, 2019

When Square released its first set of developer application programming interfaces (APIs) about five years ago, the focus was to attract partners able to give its sellers tools to more effectively manage their point of sale data. Get the Full Story Complete the form to...

Retail
Forever 21 Considers Bankruptcy As Mall Sales Decline
August 28, 2019

One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its business as it deals with struggling sales. But one person familiar with the situation told CNBC that those efforts have stalled, and bankruptcy...