When corporate payments firm WEX, known best for its fuel card services, announced this month it struck a $1.1 billion deal to acquire peer Electronic Funds Source, the fleet industry perked up. As gas prices decline and fleet card technology evolves, WEX’s buyout of EFS...
The West typically dominates the world’s payment card market, but when it comes to corporate card products, new research suggests China may be headed to lead the pack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The hottest players in finance and payments are at Money20/20 this week, meaning the industry has its eyes fixed on the innovations coming out of the show. One of those new tools has been unleashed by Saxo Payments. Get the Full Story Complete the form...
Last month, Bank of New York Mellon secured a partnership with Bottomline, a deal that sees Bottomline’s Paymode-X integrate into BNY Mellon’s network to streamline corporate electronic payments. The bank is once again boosting its B2B payment services, though this time with a different collaboration....
Corporate expense and business travel management firm Penny, which gears its solution to small and medium-sized businesses, wants to help corporations manage employee spending on a broader scale and has enlisted MasterCard to do so. Get the Full Story Complete the form to unlock this...
When the World Bank first began publishing its “Benchmarking Public Procurement” report last year, the organization looked at just 11 economies and their procurement activities. This month, the World Bank Group released the 2016 edition of the report, which examines the states of procurement across...
Corporations aren’t entirely satisfied with their banks, and are demanding more sophisticated services to meet their international needs. It’s a conclusion reached by Pegasystems in its latest research, but the cloud-based enterprise app developer isn’t the first company to make this finding (nor will it...
Corporate banking clients of Wells Fargo will have access to security measures worthy of a James Bond film. Reports on Monday (Oct. 26) said the financial institution demonstrated a new security feature at the annual conference of the Association of Finance Professionals held in Denver...
Another day, another blockchain development — only this time, the market is getting an actual tool, not just a concept. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
