The business payments landscape was stable for decades, Form3 CEO Mike Walters told Karen Webster. Regular ACH payments were the norm, and any pain points and frictions were rooted in the vagaries of manual processes and paper invoicing. “Not a lot changed for a long...
“Dupe, private label, call it what you want, consumers want more,” PYMNTS said in March, and that’s a sentiment that lives on. This is because inflation is highly relevant, much like it was earlier this year. But while dupes have become a trend, it’s also...
Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind consumer payments … old-school payment forms are not fast, they’re not efficient, and they also...
Lately, it seems each new day brings another advancement in the payments world. And increasingly, those exciting advances and innovations are impacting the world of business-to-business (B2B) payments. “There’s been an amazing acceleration of across all business processes,” Joe Pergola, CFO at Connatix, told PYMNTS. He explained...
McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million patients. The hackers accessed a wide range of patient information, including names, dates of birth, Social Security numbers, billing and...
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. In 2024, Truth in Lending (Regulation Z) and Consumer Leasing (Regulation M) rules will generally apply to consumer credit transactions and consumer leases...
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest lender, disconnected itself from an electronic settlement platform for the U.S. Treasury securities operated by BNY Mellon after a ransomware attack...
Payments network Klarna has expanded its ad and marketing tools for creators and retailers. The new offerings, announced Monday (Nov. 13), include new versions of the company’s Ad Manager and Creator Shops. “Building on our suite of marketing and ad solutions for retailers, Klarna’s Creator Shops and Ads...
Uber is adding several features related to safety, navigation and earning to its app for drivers. “Today we’re announcing improvements to the Uber Driver app, while also making earning on Uber safer and fairer,” Uber CEO Dara Khosrowshahi said in a Monday (Nov. 13) blog...
