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DOJ Says Alleged Payment Processing Scam Bilked $150M

DOJ Says Alleged Payment Processing Scam Bilked $150M
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021  |  Cybersecurity

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice...

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B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
August 26, 2021  |  B2B Payments

Embedded financial services platform HUBUC, a Software-as-a-Service B2B company, announced on Thursday (Aug. 26) that it has joined forces with Transact Payments to offer physical...

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B2B Payments Today: Balance Raises $25M To Digitize B2B eCommerce Payments; Visa, Citi, PayMate Partner In The UAE
B2B Payments Today: Balance Raises $25M To Digitize B2B eCommerce Payments; Visa, Citi, PayMate Partner...
August 25, 2021  |  B2B Payments

Today in B2B payments, Balance raises $25 million in Series A funding and PayMate partners with Citi and Visa. Plus, Brex debuts a financing tool,...

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DivideBuy And Cloud Nine Hair Team To Offer Customers Interest-Free Credit
DivideBuy And Cloud Nine Hair Team To Offer Customers Interest-Free Credit
August 25, 2021  |  Payment Methods

Customers of Cloud Nine Hair will now have access to interest-free credit, following a strategic partnership between the hair product retailer and U.K. LendTech provider...

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Subscription Payments Declines Are Usually Random, Often Costly, But Largely Avoidable
Subscription Payments Declines Are Usually Random, Often Costly, But Largely Avoidable
August 25, 2021  |  Subscriptions

Two out of three times when a payment gets declined, FlexPay CEO Darryl Hicks said, it’s due to what he called “the month 15 problem.”...

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New Report: Half Of SMBs Manage Cash Flow Crunch By Not Paying Rent Or Vendors
New Report: Half Of SMBs Manage Cash Flow Crunch By Not Paying Rent Or Vendors
August 24, 2021  |  B2B Payments

As small- to medium-sized businesses (SMBs) struggled to manage cash flow during the pandemic, nearly half resorted to not paying suppliers and monthly bills or...

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CompoSecure, Gemini Team On Crypto Reward Card
CompoSecure, Gemini Team On Crypto Reward Card
August 23, 2021  |  Credit Cards

Payment card maker CompoSecure Holdings is continuing to delve into the world of cryptocurrency storage and security solutions via a new partnership with crypto platform...

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Aspiration Aims To Go Public Before Year-End Via SPAC Merger
Aspiration Aims To Go Public Before Year-End Via SPAC Merger
August 19, 2021  |  Financial Inclusion

Green FinTech company Aspiration Partners Inc. on Wednesday (Aug. 18) announced a planned special purpose acquisition company (SPAC) merger with InterPrivate III Financial Partners Inc.,...

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