News

B2B Payments
California Offers Small Biz Accounting Compliance Guidance
August 02, 2019

California is providing interim guidance to business owners looking to make small business accounting elections, Law 360 reported Thursday (Aug. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Bank Regulators Probe Amazon Cloud
August 02, 2019

The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). Get the Full Story Complete the...

Retail
Goop Introduces Digital Shopping In Canada
August 02, 2019

Goop has announced that it is extending its physical goop MRKT Toronto pop-up to digital shoppers in the Canadian market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
 How To Cut The Phishing Lines That Bind Us
August 02, 2019

Fraudsters are ever bolder when it comes to phishing scams, which are up 76 percent year over year.  The best approach to stop the bad guys in their tracks, DataVisor CEO Yinglian Xie tells Karen Webster, is a collaborative effort that unites telecoms, merchants, machine...

International
The B2B Marketplace Fix For FX In Emerging Markets
August 02, 2019

Cross-border trade brings with it inefficiencies in cross-currency transactions, especially for firms in emerging markets.  Liquidity and transparency are lacking for so called “exotic” currencies. Fresh off a seed funding round, VertoFX Co-Founder Anthony Oduwole tells Karen Webster why an online marketplace model helps kill...

Delivery
Restaurant Industry Demands Wider Refund Windows From Grubhub
August 01, 2019

Food ordering company Grubhub has agreed to extend its refund window for restaurants that were unknowingly paying fees for Grubhub-generated phone calls — even if they didn’t result in orders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
RedCard, Zelis Merge To Optimize Healthcare Payments
August 01, 2019

Zelis Healthcare and RedCard Systems have announced they will be merging their organizations to create a healthcare payments optimization platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
DoorDash To Acquire Square’s Caviar For $410M
August 01, 2019

Popular delivery service DoorDash announced on Thursday (Aug. 1) that it has brokered an agreement to acquire Caviar, Square’s restaurant delivery platform, according to a press release. DoorDash will spend $410 million in cash and DoorDash preferred stock. The acquisition will create a company with...

Security & Fraud
UniCredit: No Proof That Cap One Accessed Customers’ Data
August 01, 2019

UniCredit, in a memo to its staff on Thursday, said that an internal investigation showed no evidence that a recent data breach at Capital One involved any of its own data, according to a report by Reuters. Get the Full Story Complete the form to...