News

B2B Payments
Divvy’s Expense Management Tech Lands $200M
May 01, 2019

Corporate expense management company Divvy announced a $200 million fundraise on Tuesday (April 30) led by NEA. 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...

B2B Payments
Accountants Say UK Bank Referral Scheme A ‘Waste Of Money’
May 01, 2019

The U.K.’s Bank Referral Scheme, part of the government’s array of initiatives to expand access to capital for small businesses, has been marred by controversy and criticism since it first came into effect in late 2016. But the scheme faced some of its harshest attacks...

B2B Payments
HighRadius Launches AI Cash Forecasting Tool
May 01, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
Making Adventure Travel Payments Less Adventurous
May 01, 2019

Once upon a time, the world of travel in general – and exotic or adventure travel, specifically – was a very different place. As the second decade of the 21st century is drawing to a close, it is almost unimaginable that booking a flight or finding the...

Artificial Intelligence
Visa EVP Of Tech: AI Demands A Narrow, Layered Approach
May 01, 2019

AI won’t spur a robot uprising, and it doesn’t mean computers will think for themselves – at least not yet. But AI does have the potential, near term, to change some everyday activities – including payments. Rajat Taneja, EVP of technology and operations at Visa,...

Partnerships / Acquisitions
Post-Merger, NXGEN And Payscape Eye SMBs’ Digital Shifts
May 01, 2019

The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape, and Thomas Nitopi, CEO and founder of NXGEN, first met. As they talked about their respective payment services firms, they realized, in Bloomston’s words, “that both...

Security & Fraud
Hackers Had Six-Month Access To Citrix Networks
May 01, 2019

Citrix has confirmed that hackers had access to its networks for six months before the breach was discovered, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Cabify Seeks Funding Ahead Of IPO
April 30, 2019

Cabify is looking to raise between 100 million ($112 million) and 300 million euros as it prepares for an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
OCC Opens Public Comment Period For Innovation Pilot Program
April 30, 2019

The Office of the Comptroller of the Currency (OCC) announced it has opened a 45-day public comment period on its proposed Innovation Pilot Program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...