News

B2B Payments
Leveling The Lopsided Trade Finance Playing Field
July 25, 2019

The world of B2B payments can be a somewhat lopsided place to navigate — a reality incredibly apparent in looking at the difference in payments terms that larger, more established companies with thicker profit margins get when compared to their smaller, newer and thinner-margined counterparts....

Security & Fraud
GIACT Report: $3.4B Lost To New Account Fraud In 2018
July 25, 2019

A new report from GIACT Systems has revealed that $3.4 billion was lost due to New Account Fraud (NAF) last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Vietnam Startup Funding Jumps 90 Pct. YOY
July 24, 2019

Startup companies in Vietnam, ranging from FinTech to logistics and artificial intelligence, are attracting a record amount of venture capital money in the country, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
BB&T/SunTrust Merger Raises Questions On Capitol Hill
July 24, 2019

In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may have ripple effects on the economy at large. In a congressional hearing on the proposed merger of SunTrust and BB&T,...

Investments
Gusto Raises $200M Series D, Plans East Coast Expansion
July 24, 2019

Payroll startup Gusto announced Wednesday (July 24) that it has raised $200 million led by former U.S. Vice President Al Gore’s Generation Investment Management and Fidelity Management & Research Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
OpenTable Gets Into Food Delivery
July 24, 2019

OpenTable, an online restaurant reservation company, has partnered with Caviar, Grubhub and Uber Eats to provide delivery from restaurants all over the country, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Marketing Startup Pomona Raises $3M To Expand Data For Brands
July 24, 2019

An Indonesian startup that provides consumer brands with omnichannel marketing and sales products, including cash-back rewards, has raised $3 million in a Series A-2 funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Uber Debuts Freight Platform In Germany
July 24, 2019

Uber Freight is going after its second European market with the launch of its trucking platform in Germany. 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...

Delivery
Backlash Prompts DoorDash To Change Tip Disbursements
July 24, 2019

Amid public retaliation, DoorDash is abandoning its questionable pay model, and will now increase driver earnings by the exact amount a customer tips on every order. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...