CEO Melissa Smith of commercial payments company WEX said that the firm is “bracing for volatility” in 2020. In an interview with Bloomberg, Smith noted that the company is keeping a close watch on consumer confidence measures and trade talks ahead of the U.S. presidential...
Bank of America is rolling out a new solution for professionals in accounts payable departments to automatically choose which payment method to pay their suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. 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...
Hainan Golden Technology Co. announced that it has raised ¥1 billion ($141 million USD) in a Series B funding round, led by Chinese tech giant Tencent. Shenzhen Capital Group Co., CDH Investments, China Investment Corp. and China Finance Fund — as well as existing investors...
The evolution of financial services has opened the door for open banking to take place. 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,...
Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real impact of geopolitics on supply chains: Trade corridors are refashioned. Get the Full Story Complete the form to unlock this article and enjoy...
It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various parts of the broader business-to-business (B2B) payment process. Some funds backed the corporate commerce and procurement arena, while others went to the friction...
The U.S. Securities and Exchange Commission is considering allowing companies to sell primary shares to investors in direct listings as an alternative to the initial public offering (IPO), according to Financial Times reported Thursday (Oct. 17). Get the Full Story Complete the form to unlock...
American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. 17). Get the Full Story Complete the form to unlock...
