News

Mobile Commerce
Venmo Debuts Limited Edition Rainbow Card
February 22, 2019

Today Venmo will be rolling out its latest card offering for consumers.  Joining the lineup of the six brightly colored, Mastercard-branded debit cards Venmo rolled out about six months ago, the limited edition rainbow card is Venmo’s latest debit offering for customers that want more...

B2B Payments
Barclaycard Links Travel Agents To Virtual Cards Via Amadeus
February 22, 2019

Travel booking company Amadeus is integrating Barclaycard virtual card technology into its Amadeus B2B Wallet solution to streamline business payments processes, the company announced Thursday (Feb. 21) in a press release sent to PYMNTS. Get the Full Story Complete the form to unlock this article...

B2B Payments
Euler Hermes, C2FO Team Up On Unpaid Invoice Protection
February 22, 2019

Alternative small business (SMB) finance company C2FO is integrating a new solution from Euler Hermes to help small businesses protect against the risk of unpaid invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Logistics, Alt Lending Lead B2B Startup Funding
February 22, 2019

The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants...

B2B Payments
State Employees In Mississippi Targets Of Direct Deposit Scam
February 22, 2019

BEC makes inroads, now through attempted direct deposits into employee bank accounts, and where state employees in Mississippi are among those being targeted. Elsewhere, an MP in the U.K. stands accused of falsifying expense reports. In the U.S., a farmers' collective is bilked for millions of...

B2B Payments
Cortex Bought Up By Drillinginfo
February 22, 2019

Cortex, a provider of accounts payable and accounts receivable solutions for the oil and gas sector, has agreed to be acquired by Drillinginfo, a press release said on Thursday (Feb. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
LendingClub Links Lenders To Loan Metrics Via Brismo
February 22, 2019

Lending performance data solutions provider Brismo is integrating its technology into the LendingClub platform, enabling lenders to analyze the performance of their portfolios. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Delivery
Uber To Sell Its Uber Eats Operations In India To Swiggy
February 22, 2019

Uber Eats, the food delivery business of Uber, is gearing up to sell its Indian operations to Swiggy, a rival food delivery company in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
FDIC: Banks Pull In $237B In 2018
February 22, 2019

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. 21) that the banking industry pulled in $237 billion in 2018. The agency’s Quarterly Banking Profile also noted that net income for the industry stood at $59 billion, Bloomberg...