Expansion of clearinghouse arrangements outside of China are helping build the country’s yuan as a settlement tool for cross-border trade. Those business activities are helping grow yuan markets overseas. However, the yuan still has a long way to go before overtaking the U.S. dollar and...
PayCargo announced last week that it was restarting its PayCargo Credit Program. PayCargo offers electronic invoicing and settlement solutions for the shipping industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Last week, Worldclear announced that it had launched its global its new payment clearing platform for corporates and financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Corporations typically have intricate treasury and payments challenges. As technology continues to evolve, it’s necessary for some corporate teams to rethink their payments options. But what specifically are those options, and which banks and card networks are providing them?
Traditional players may have the deep pockets to develop and distribute new products and services but they can’t win. That’s at least the view of NVoicePay CEO Karla Freide on the B2B payments game. In a recent podcast interview, MPD CEO Karen Webster caught up...
Earlier this week, the U.S. House of Representatives passed an amendment to the Financial Services appropriations bill, which forbids the use of federal funds to penalize financial institutions that serve marijuana businesses operating legally under state laws. The vote rejected an amendment that would have...
Small businesses are sometimes in danger of being overshadowed by their larger counterparts, but if a recent survey is any indication, the smaller companies might have difficulty securing contracts with bigger businesses. Get the Full Story Complete the form to unlock this article and enjoy...
Billtrust has provided outsourced B2B billing and payments services for suppliers for years. But their recent acquisition of Open Scan will enable much more – the ability to route payments to any method of payment. Billtrust founder and CEO Flint Lane told MPD CEO Karen...
Payments solutions provider WEX Inc. announced this week that it had finalized ExxonMobil’s European commercial fuel card (“Esso Card”) program through a majority owned joint venture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
