WEX announced its third quarter earnings, which continued to demonstrate strength as WEX’s hold in the fleet (and more recently health care) sectors expands. The company reported total revenue up 16 percent to $221.1 million from $191.5 million during the same quater of last year....
Although credit card payments represent barely 10 percent of all B2B payments that number has doubled in the past two years, according to a report from the Hackett Group. In 2011, credit cards accounted for barely 3 percent of B2B transactions. Get the Full Story...
When on the verge of radically disrupting a market ecosystem and earning billions by shining the light of innovation down on the masses, it can be hard for executives at startups to get really excited about the procurement process. Innovation is fun, funding is fun...
FleetCor has tickled investors in 2014, with its large and expanding hold in the business of fleet cards, and, with the completion acquisition of Canadian company Comdata, B2B e-payments in general. Wall Street Growth investor Louis Navellier has chosen FleetCor as his pick for the...
Tipalti, the Israeli- and California-based B2B global payments firm, has locked in $13 million in Series B funding, raised in a round led by Wicklow Capital, according to a story in VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy...
Citi has introduced Citi Integrated Payables Solutions, a suite of B2B analytics, advisory and payment services. 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...
The problem about talking about “what’s next” in payment and retail is the moment that “next” begins can be a little subjective. Omnichannel is a prime example of the problem—for years now it has been primed and promoted as the next big thing, the way to...
RBS is slashing the time and paperwork required for corporate clients in 23 countries to open new accounts -- and not just in the U.K., the bank announced Thursday (Oct. 16) at the Eurofinance conference in Budapest. The bank's Accelerated Onboarding Service, which is already...
In the healthcare payments space, the doctor is the merchant. As the payment receiver, doctors not only want to get paid faster they want to be paid fairly. How can payments innovation thrive in an ecosystem complicated by paper payments? Bill Fox, Senior Vice President...