News

Retail
Dollar General Launches Shopping App For Self-Checkout
June 22, 2018

Dollar General’s new mobile app allows shoppers to use their smartphones to scan and pay for items in the store. According to news from Chain Store Age, the discount chain’s DG Go! app allows customers to use their phones to scan items as they shop and...

B2B Payments
Visa Leads Wirecard Into Digital Fleet Card Industry
June 22, 2018

Visa and Wirecard are collaborating on a digital fleet card program, the companies revealed in an announcement on Thursday (June 21). Wirecard announced on its website that it is collaborating with Visa to develop a digital, open-looped fleet card program that integrates fleet management, reporting...

B2B Payments
Barclaycard Targets Construction’s Cash Flow Struggles With SMB Cards
June 22, 2018

As the U.K.’s construction industry continues to struggle with late supplier payments, a new commercial card product from Barclaycard aims to address some of the cash flow issues among small businesses (SMBs) in the sector. In an email to PYMNTS, Barclaycard announced the rollout of...

B2B Payments
Fishbowl Talks: What Businesses Risk Without Inventory Tech
June 22, 2018

Inventory management may have been built on fundamental business concepts like supply and demand, but today, managing inventory levels is a complex interconnection of finance, sales, procurement, customer relationship management, accounting and other aspects of the enterprise. However, as with many of these areas of...

B2B Payments
Lyft Business Enhances Expense Management Support
June 22, 2018

Ride-hailing app Lyft is continuing to target its business travel users through enhancements of expense management support. The company announced on its blog this week that its B2B service, Lyft Business, will be upgraded with more efficient documentation of employee rides using the app. The...

B2B Payments
Cybersecurity Squashes B2B Startup Funding Competition
June 22, 2018

Alternative finance apparently won’t stop catching the attention of investors — at least, not any time soon, if this week’s B2B venture capital roundup is any sign. The industry landed $90 million in funding, accounting for four out of the 10 funding rounds announced by...

International
Tencent International Expansion Play: Fill The Tech Gaps
June 22, 2018

Chinese internet giant Tencent is in no rush to launch its social networking platforms, music and services internationally — unless there is a space in the market that needs to be filled. Though Tencent runs China’s biggest social network, music and gaming system — including billion...

CFPB
Judge Rules CFPB Structure Unconstitutional
June 22, 2018

A federal judge in New York has ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional. According to Reuters, the decision by U.S. District Judge Loretta Preska prohibits the agency from suing a company that advances money to people awaiting settlement payout,...

Regulation
Senate: Marijuana Businesses Still Can’t Use Banks
June 22, 2018

A U.S. Senate panel has voted to block an amendment that would allow banks to open accounts for marijuana businesses without being punished by federal regulators. According to Forbes, the Senate Committee on Appropriations voted 21 to 10 to table the amendment. The current policy...