News

B2B Payments
YayPay Raises VC For Machine Learning-Powered AR Automation
December 13, 2018

Accounts receivable automation firm YayPay has secured another round of venture capital funding, the company announced Wednesday (Dec. 12). 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...

B2B Payments
The Financial Opportunity In Supply Chains’ Rising FX Risks
December 13, 2018

Foreign exchange (FX) volatility can be detrimental to businesses with heavy reliance on cross-border operations. Trade tensions between the U.S. and China, as well as Brexit, are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk...

Investments
SoftBank Backs Indonesia eCommerce Co
December 13, 2018

SoftBank’s Vision Fund teamed up with Alibaba to lead a $1.1 billion funding round for Indonesian eCommerce site Tokopedia, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Kroger Debuts Rx Membership Program
December 13, 2018

Kroger has launched the Rx Savings Club, which aims to significantly reduce the cost of prescription drugs for customers across the country. The program adds to the retailer’s Wellness Your Way platform, and was developed in partnership with GoodRx. Get the Full Story Complete the...

Ridesharing
Study: Lyft Growing 2x As Fast As Uber
December 13, 2018

A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last year, according to Second Measure, Lyft’s grew 32 percent — two times faster than Uber. Get the Full Story Complete...

Banking
Germany Pushes For Commerzbank, Deutsche Merger
December 13, 2018

The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. 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...

Payment Methods
JetPay Payment Processing Goes Live Via NCR
December 12, 2018

Urban Eatz in Richardson, Texas, has become the first NCR customer to use JetPay payment processing through its point-of-sale (POS) software. Back in October, NCR announced that it was acquiring Pennsylvania-based JetPay, “a provider of end-to-end payment processing and human capital management solutions.” Get the Full...

Security & Fraud
Govt. Cyberattacks May Be Linked To Lazarus Group
December 12, 2018

Dozens of companies around the world were infiltrated by hackers using malicious software programmed to steal information, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
Five At Five: The ‘Amazon Effect’ And Hiring
December 12, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest data about how Amazon impacts local hiring, and how Facebook wants to predict your next stop. PayPal faces a malware threat, Hertz embraces biometrics and...