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PYMNTS.com 09/22/2020 21:54
According to Blue Star Capital, its investee company SatoshiPay has launched a new B2B payments platform to speed up cross-border payments, Proactive reported. The platform, called DTransfer, is built on SatoshiPay’s blockchain technology and the Stellar network, and it touts “speed, cost and transparency” as three main benefits, according to the report. The system will […]
PYMNTS.com 09/22/2020 21:06
Digital guest experience platform Paytronix helped to implement a new digital rewards program for QuickChek, according to a press release emailed to PYMNTS. QuickChek, which operates 160 fresh convenience markets in the northeastern U.S. region, will offer rewards through the new program, available on the QC mobile app, and allow members to earn perks with […]
PYMNTS.com 09/22/2020 20:08
In today’s top payments news around the world, JD.com is working with China’s central bank to advance cryptocurrency, while U.S. WeChat users are reportedly racing to get the Chinese mobile payment, messaging and social media program. Plus, digital payment provider Ant Group is looking for a record return as it goes public. JD.com Joins China’s Central […]
PYMNTS.com 09/22/2020 18:36
TravelBank will work with U.S. Bank in order to integrate the former’s travel and expense management platform with the latter’s U.S. Bank Instant Card, in order to boost expense management for corporates, according to a press release. The team-up will allow program administrators to issue Instant Cards directly from their expense management platforms, the release […]
PYMNTS.com 09/22/2020 17:30
China's top regulator, the State Administration for Market Regulation, has fined coffee chain Luckin Coffee and other firms that helped it inflate its sales and expenses last year, The Wall Street Journal reported. The decision puts punctuation to an investigation that took months into reported misconduct at the coffee chain. The regulator said on Tuesday (Sept. 22) […]
PYMNTS.com 09/22/2020 17:25
To automate the transformation of machine-readable PDFs to digital invoices, Basware has rolled out SmartPDF AI in the newest expansion of its SmartPDF offering. The tool uses information taken from past invoices through a cutting-edge machine learning (ML) model, according to a Tuesday (Sept. 22) announcement. Basware said SmartPDF AI doesn’t need any installation, manual […]
PYMNTS.com 09/22/2020 17:13
Mirakl, the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Led by Permira, the London-based global investment firm, the investment values the startup at $1.5 billion, the company’s U.S. CEO and Co-founder Adrien Nussenbaum told the news outlet. At that valuation, Mirakl qualifies as a unicorn, the term […]
PYMNTS.com 09/22/2020 17:03
To allow companies to supervise their finances while keeping them safe from payment failures, Mesh Payments has rolled out a cardless payment offering for companies that simplifies recurring and one-time payments. The company noted that the product offers a full view and management over business spending in addition to allowing for orchestration, reconciliation and data […]
PYMNTS.com 09/22/2020 16:24
In addition to its desire to dominate the whole U.S. paycheck, Amazon is apparently trying to dominate October as well. Several credible sources reported Tuesday (Sept. 22) that long-postponed Amazon Prime Day 2020 will be now be held Oct. 13 through 14. Many of the sources have quoted an internal Amazon email that sets the date. […]
PYMNTS.com 09/22/2020 15:47
Six months into the COVID-19 pandemic, restaurants’ shifts toward high-tech solutions are old news. Online ordering, digital delivery, curbside pick-up, QR code-based menus and ordering – the technological upgrades have come one after the other. Dining venues big and small have pivoted to meet the needs of consumers who are no longer comfortable sitting in restaurants to eat. […]

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