News

B2B Payments
NYC Scrutinizes eProcurement Deal With Ivalua
June 07, 2019

New York City Comptroller Scott Stringer is scrutinizing the city’s $47 million contract with Ivalua to develop an eProcurement system after a previous report uncovered surging costs and delays in the initiative. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Deem To Shutter Expense Management Platform
June 07, 2019

Corporate travel booking firm Deem is closing down its expense management 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. yesSubscribe to our daily newsletter, PYMNTS Today. By...

B2B Payments
Brex Integrates With Accounting Platforms
June 07, 2019

Commercial card startup Brex has announced the launch of a portal to connect cardholders to accountants. 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 daily...

Retail
Beer Makers Cozy Up To Legal Retail Cannabis
June 07, 2019

It’s hard to tell from the PYMNTS New Orleans bureau (where crawfish have given way to punishing sub-tropical heat), but U.S. consumers are drinking less beer. That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Get the Full...

Investments
Thumbtack Aims To Raise $120M In Funding Round
June 07, 2019

Gig economy marketplace Thumbtack is looking to raise up to $120 million in a Series H funding round. 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...

IPO
China’s Megvii Might Postpone IPO
June 07, 2019

Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
European Commission Investigates Past Money Laundering Cases
June 07, 2019

A European Union (EU) official has revealed that the European Commission (EC) is taking a close look into past money laundering cases at EU banks to determine if current rules need to be changed. The official told Reuters that the EC is reviewing cases between...

Security & Fraud
Study: Hackers Can Steal Passwords By Listening To Typing
June 06, 2019

In an academic study, researchers at Cambridge University and Linkoping University in Sweden were able to learn people’s passwords by getting a phone microphone to listen to the sound waves when they typed, according to a report by The Washington Post. Get the Full Story Complete the form to unlock...

Delivery
Gatik Partners With Walmart, Scores $4.5M In Funding
June 06, 2019

A two-year-old self driving startup called Gatik has raised $4.5 million in seed funding, and also announced a commercial partnership with Walmart for deliveries, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...