News

B2B Payments
Intuit, ADP Strengthen Cross-Platform Integration
May 09, 2019

Human capital management solution provider ADP is deepening its integration with Intuit’s small business accounting platform, QuickBooks, to streamline data connectivity between the two platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
JPMorgan Taps Bora To Aid B2B Virtual Card Adoption
May 09, 2019

JPMorgan is collaborating with Bora Payment Systems in an initiative that will support the adoption of virtual cards in the B2B payments landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Banking/FinTech Collaboration Grows In China
May 09, 2019

In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and traditional players. Elsewhere, Monetary Authority of Singapore is eyeing digital-only banking licenses.

B2B Payments
SMB Lending Tries On Asset Tokenization For Size
May 09, 2019

So far, one of the largest use cases for tokenization has emerged as the Initial Coin Offering (ICO) — a lucrative, if not controversial, fundraising strategy that has already led to billions of dollars in investments. Yet, ICOs have been marred by fraud, regulatory scrutiny...

Ridesharing
Lyft Shares Continue Tumble, Sparking Fears Over Uber
May 08, 2019

Lyft shares continue to fall below their opening day price, and on Wednesday (May 8) they dropped almost 11 percent to a new record low after the company posted a big Q1 loss, according to a report by Reuters. Get the Full Story Complete the...

Security & Fraud
US Authorities Shut Down Deep Dot Web Amid Money Laundering Charges
May 08, 2019

The U.S. Justice Department has brought charges against Deep Dot Web, a site that featured news, information and reviews about dark web sites and surreptitious marketplaces, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy...

Global Payments
Countingup Teams With Hokodo; Boost And Shell Malaysia Unveil eWallet Payments
May 08, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an eWallet payment service with Boost and Shell Malaysia. In addition, Countingup is teaming up with insurance solutions provider Hokodo in the U.K., and Grab is tapping...

Security & Fraud
Amazon Merchants Affected By Cyberattack
May 08, 2019

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Uber Expected To Price IPO In Mid Or Low Range
May 08, 2019

Uber will price its initial public offering (IPO) at either the middle of its target range or below, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...