News

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. 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...

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. Get the Full...

Security & Fraud
SEC: Investors Need Better Cybersecurity Disclosures
June 22, 2018

The Securities and Exchange Commission’s Commissioner has revealed that when it comes to cybersecurity, investors are not getting the disclosures they need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Helios And Matheson To Raise $164M Via A Bond Offering
June 21, 2018

Helios and Matheson Analytics, the provider of information technology (IT) services and the 92 percent owner of MoviePass, announced Thursday (June 21) that it is issuing $164 million in bonds and 20,500 shares of preferred stock. Get the Full Story Complete the form to unlock...

News
Five at Five: Uber Drives Bigger Tips
June 21, 2018

Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage includes the latest news from the ridesharing industry, along with a Mastercard B2B partnership. In addition, AMC has a subscription offering and Oprah showed, again, that she has...