News

B2B Payments
The Enterprise Headache Of A Decentralized Blockchain
June 13, 2019

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. Get the Full Story Complete the...

B2B Payments
Comdata Loops Into Billtrust’s Vendor Payments Network
June 13, 2019

Commercial card issuer and payment processor Comdata is integrating its functionality into the invoice-to-pay platform Billtrust to enable joint customers to pay their vendors electronically. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Overhauls Jet.com, President Out In August
June 13, 2019

As Walmart works to integrate Jet.com into its business, the retailer is eliminating Simon Belsham’s role as Jet president. As a result, Jet team leaders will now report to Kieran Shanahan, who’s been overseeing Walmart’s food, consumables and health-and-wellness divisions online. “Bringing together talent from...

Regulation
Dual-Agency Big Tech Antitrust Investigations Questioned
June 13, 2019

A Republican senator isn’t happy with plans by the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to divide a potential investigation into the biggest U.S. tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
SunTrust, BB&T Pick New Bank Name
June 13, 2019

BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company, serving more than 10 million households in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
New Walmart System Lets Suppliers Increase Prices
June 13, 2019

Walmart has updated a tool to allow suppliers to submit cost increases related to higher U.S. tariffs on Chinese goods. 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
Bird Announces Acquisition Of Scoot
June 13, 2019

Bird has announced its acquisition of electric vehicle company Scoot. Together, the companies will offer riders more vehicles equipped with the latest technology advancements for the sharing market, and provide services in more communities. Get the Full Story Complete the form to unlock this article...

B2B Payments
Whitepages Pro Spins Out, Becomes Ekata
June 13, 2019

Whitepages Pro is playing the long game when it comes to payments, with a series of structural changes separating consumer and B2B operations, and a new name to boot. CEO Rob Eleveld explains what’s behind Ekata, and what lies ahead.

Payment Methods
Diving Into The ‘Check-Replacement Cycle’
June 13, 2019

As much as 80 percent of firms still rely on paper checks. Only 3 percent of firms meet demands for B2C payments. Fiserv VP of Digital Payments and Data Aggregation Paul Diegelman explains how companies can cross the Rubicon to digital, on-demand payments with the aid...