News

Retail
Go-Jek To Grow Thailand Food Delivery Business
July 11, 2019

With an investment from the top lender in Thailand, Indonesian ridesharing service Go-Jek will reportedly grow its Thai food delivery business and provide more financial services. Siam Commercial Bank Pcl (SCB) said it provided a “significant investment” in the Series F funding round of Go-Jek,...

Retail
Mobile Card Services Give Users Real-Time Control Over Retail Purchases
July 11, 2019

Mobile devices have enabled monitoring and management to a degree once thought impossible. Consumers can now get alerted to someone ringing their doorbell miles away and view video of the visitor, and can measure heart rate and steps taken daily through smartwatches. They can also...

Security & Fraud
GIACT Systems Launches New Enhancement To Compliance Solution
July 11, 2019

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Big Four Accountancies Fail UK Audit Test
July 11, 2019

All of the U.K.’s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set by the Financial Reporting Council, Reuters reported this week. Get the Full Story Complete the form to unlock this article...

B2B Payments
WEX Expands Visa, Shell Payments Collaborations
July 11, 2019

Commercial payments company WEX is broadening its virtual payments offering through a collaboration with Visa and separately announced the broadened acceptance of its mobile payment technology at Shell locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
The Accounts Payable Conundrum: Same-Day ACH Vs Checks
July 11, 2019

Accounts payable can be a contradiction showcasing the frustratingly slow pace of B2B payments digitization. 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,...

B2B Payments
UBS: Amazon’s Presence In Healthcare Procurement Waning
July 11, 2019

Fewer purchasing managers in the healthcare industry are procuring goods from Amazon, according to a new survey by UBS Group and reported by on Bloomberg Wednesday (July 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Law Curbs IRS’s Power To Raid SMB Bank Accounts
July 11, 2019

The Internal Revenue Service will have less power to raid small business bank accounts as the result of new legislation signed into law by President Donald Trump last week, Forbes reports noted Wednesday (July 10). Get the Full Story Complete the form to unlock this...

B2B Payments
Unlocking Shipping Data For Faster Freight Payments
July 11, 2019

The Transportation Management System (TMS) has enabled organizations to gain a stronger foothold over their shipping processes and address friction in a notoriously fragmented and complex part of the supply chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited...