News

B2B Payments
FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
October 03, 2018

A new Federal Deposit Insurance Corporation (FDIC) report suggests banks’ contribution to small business (SMB) lending is significantly underestimated. 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...

Investments
Refund App Truebill Snags $5M, Launches ‘Smart Savings’
October 03, 2018

Finance app Truebill announced it has raised $5 million in Series A funding and launched a variety of new capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Blue Apron, Grubhub Pair On Meal Kit Delivery
October 03, 2018

If you live in New York City, you can now find Blue Apron on Grubhub. 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 newsletter,...

Investments
Foursquare Snags $33M
October 03, 2018

Foursquare has announced a $33 million round of equity funding co-led by strategic investors Simon Ventures and Naver Corp. and by Union Square Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Ex-Batavia Members, we.trade Merge Blockchain Trade Finance Efforts
October 03, 2018

Blockchain trade finance consortium we.trade has grown with the addition of three new bank members, reports in CryptoNinjas said Tuesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

MiLB’s Jacksonville Jumbo Shrimp Hits A Payroll Homerun
October 03, 2018

Paper checks are a serious payments misplay. Consider Minor League Baseball’s Jacksonville Jumbo Shrimp: Hundreds of employees would crowd into the club’s ticket office right before game time to grab their payroll checks. Total whiff. So, the team changed its game plan. In this month’s...

Security & Fraud
GEOBRIDGE Launches Remote Administration For KeyBRIDGE
October 03, 2018

GEOBRIDGE has announced that remote administration for its KeyBRIDGE and TokenBRIDGE products will become available in Q4 of 2018. 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...

Investments
Coinbase Valued At $8B With Potential Tiger Global Investment
October 03, 2018

Coinbase, the cryptocurrency exchange operator, is nearing a deal that would give it a valuation of around $8 billion, reported Recode. The report, citing people familiar with the matter, reported that Coinbase is in discussions with Tiger Global and existing shareholders for an investment as high as $500 million....

B2B Payments
Getting B2B Payments Out Of The Paper Check Dark Ages
October 03, 2018

Someone needs to write an epic poem about the paper check. Love it or hate it (and we all say we hate it even though many of us still use it, especially for B2B payments), the payment form not only endures in these supposedly digital...