Authorities in Ireland have warned businesses about a rise in “CEO fraud” that gets unwitting victims to pay up in invoice redirect fraud. Separately, individual cases have shows the impact of invoice fraud on businesses as disparate as healthcare companies and feed stores.
Most consumers have come to expect a one-stop, one-click shopping experience, and merchants want to deliver. eCommerce innovations have been focused on removing frictions for years, and many checkout processes have been streamlined to the point where customer frustrations are minimal. Get the Full Story...
Freelance marketplace Fiverr has filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. The filing showed that the Tel Aviv-based company’s net losses grew from $19.3 million in 2017 to $36.1 million in 2018. But revenue...
Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. 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...
The Reserve Bank of Australia (RBA) has sent a warning to major banks that its slow progress in implementing the New Payments Platform (NPP) has hindered the system’s benefits, and made it harder to market to customers. NPP Australia counts the big four banks as...
Travel booking platform GetYourGuide announced that it has raised $484 million in Series E funding, led by the SoftBank Vision Fund. The round also saw participation from co-investors Temasek, Lakestar, Korelya Capital and Heartcore Capital (formerly Sunstone Capital), as well as original investors, including Swisscanto Invest...
Eurozone banks are at risk of fragmentation and are turning away from cross-border activity, Reuters reported. 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...
Sen. Bernie Sanders, a 2020 presidential candidate, has voiced his support in breaking up Facebook, according to reports, something fellow candidate Sen. Elizabeth Warren has called for as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
They say a rising tide lifts all boats. Maybe the opposite is true, too, in a way – that a rocky sea swamps all ships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
