PayPal announced the expansion of its SMB working capital program yesterday, a program that has already extended more than $150M to SMBs in the U.S. In addition to raising the borrowing limit to $60k, PayPal expanded the program to the U.K. and Australia. At its...
Getting consumers to buy more is perhaps the most difficult challenge retailers and brands face. But their omnichannel efforts to reach customers wherever they are, and whenever, represent only half the battle. A recent Nielsen study suggests those sellers also able to identify their “super...
B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship with travel agencies. With its newly acquired Evolution1 healthcare technology company, WEX may could bring the virtual card to the...
What does a Chief Ninja do on his summer vacation? MPD CEO Karen Webster got a chance to find out when she chatted with LevelUp Chief Ninja Seth Priebatsch about the company's latest expansion this summer, which will move LevelUp into a crowded but lucrative...
A $10 billion annual revenue for an industry is not too shabby, nor is a 12 percent revenue increase from the year before. With a recent study showing that supply chain management revenue is on track to hit its highest levels since 2011, it’s clear...
Oh where oh where have the investments in Fintech gone? Well, last week, $8.9 billion of it went to a bunch of players in payments with acquisitions in the processing and security sectors leading the way.
When two unrelated consumer services—within a day—both made B2B corporate payment moves, it reflected more than B2B payment momentum. Both Uber and Airbnb recently announced new versions of their mobile apps that are geared toward helping organizations book and expense business trips. But what exactly...
Operation Chokepoint’s efforts to hit companies suspected of illegal activities where it counts - their bottom lines – may have, well, been a little choked itself this week. The FDIC removed a number of merchant types from its bank guidance, fearing listing them explicitly has...
Since the Great Recession, buyers and suppliers seem locked in a perpetually adversarial cycle when it comes to billing. Dynamic discounting aims to disrupt the adversarial cycle with an associative one where buyers and suppliers share incentives to collaborate. PYMNTS spoke to Ariba’s Director of...
