News

Retail
Jet, Fulton Fish Market Team For Seafood Delivery
February 18, 2019

In an effort to deliver sustainable and fresh seafood to customers in New York City, Jet.com and Fulton Fish Market are teaming up for Jet’s City Grocery experience. The offering will allow customers to buy fresh yellowfin tuna and wild Chilean sea bass, among other products,...

Regulation
Morgan Lewis Principal Weighs In On Payday Loan Debate
February 18, 2019

The Consumer Financial Protection Bureau (CFPB) said earlier in the month that it will look to overhaul a number of payday loan regulations that were put in place in 2017 and were slated to go into effect in August of this year. Get the Full...

Retail
GoTrendier Will Use $3.5M In Funding To Expand In Latin America
February 18, 2019

GoTrendier, a peer-to-peer fashion marketplace in Mexico and Colombia, has raised $3.5 million that it will use to expand in both countries, as well as to launch in Chile, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
China’s P2P Crackdown Nets 62 Arrests, $1.5B Seized
February 18, 2019

China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms, according to a Reuters report. The crackdown, which started up in June, comes as part...

B2B Payments
Down Under, Supermarkets Combat Late Payments
February 18, 2019

In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the government shutdown impact lingers as workers and contractors are still waiting to get paid.

B2B Payments
AICPA Wants To Exclude Some SMB Tax Shelters
February 18, 2019

The American Institute of CPAs (AICPA) has asked the Internal Revenue Service (IRS) to exclude some small businesses (SMBs) from being treated as tax shelters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Doubt, Confusion, Confidence: Where Crypto Stands In B2B Payments
February 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Perhaps the most poignant moment in this evolution came about last week when JPMorgan Chase announced the development of the JPM Coin, the first bank-backed cryptocurrency in the U.S., which the institution...

B2B Payments
Cyberattacks On Track To Lead Corporate Insurance Claims: Study
February 18, 2019

The global insurance technology (InsurTech) market is slated to become a $1.1 billion industry by 2023, analysts have predicted, with growing analytics and artificial intelligence (AI) functionality accelerating innovation in the insurance market. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Capital One Offers Free Business Credit Reports
February 18, 2019

Capital One has announced the launch of Business CreditWise, an online tool that enables U.S. businesses to check their credit profiles. According to a recent Capital One survey, nearly 31 percent of small business owners have either never heard of business credit reports or are...