Last Friday (Aug. 14), Chinese Internet conglomerate Tencent revealed that it would be launching a credit rating service and using social media sites to make its credit assessments more robust. According to reports from Bloomberg, the tactic signals a growing trend in the nation among lenders...
Analysts have discussed whether the digital currency bitcoin could ease friction in cross-border payments, but one startup is putting that theory to the test. BitNexo, which launched this year, offers remittance services that uses bitcoin to facilitate trade between China and Chile, and the company’s...
As Apple forges ahead with its partnership with IBM in an effort to land more iPads and iPhones in the workplace, rival Google is whipping up a collaboration of its own to compete. Reports Thursday (Aug. 13) said Google has just struck a new deal...
For decades, the World Trade Organization’s Government Procurement Agreement (GPA) has promoted transparency and non-discrimination in government procurement activities. But New Zealand’s participation in the GPA — the newest nation to do so — highlights the WTO’s effect on promoting cross-border trade between government buyers...
The trend of business travelers booking their travel through the channels that are most convenient for them is on the rise, but does open booking threaten to leave corporations out of the loop? PYMNTS sat down with Cara Whitehill, SVP and GM at Traxo to...
There wasn’t exactly an avalanche of venture capitalist funding deals this week in the world of B2B, but even so, a string of M&A activity fueled the market to more than $9.8 billion in investment. Here’s what happened: After a bout of absence, alternative lending...
Australia-based mobile payments service provider ingogo may be most well-known for its on-demand taxi app, but its latest venture is a bit of a pivot away from that industry, to say the least. Get the Full Story Complete the form to unlock this article and...
Financial services players have infiltrated the alternative lending market in hopes of connecting small businesses to new forms of finance. Major players like Alibaba and Amazon are some of the more notable companies that have included ways to connect SMEs to forms of alternative finance...
When eBay announced that it would separate from its eBay Enterprise unit, the market did a collective shrug. The news didn’t make much of an impact, considering it was announced at the same time eBay separated from PayPal, a much more drastic change in the...
