News

B2B Payments
Clean Technology Firm Upgrades Procurement Automation Process
July 31, 2014

Earlier this week, clean technology firm Sensus chose to integrate the spend analysis and eSourcing tools from Zycus into its workflow. The new spend analysis implementation will include Sensus’ iCost feature, which permits spend analytics in approximately 1,200 market price and cost models and the company’s...

B2B Payments
Can PayPal Lead the SMB Lending Space?
July 31, 2014

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...

B2B Payments
Fintech Partnership Set To Bring Funding To UK Businesses
July 31, 2014

Online invoice trading firm MarketInvoice and online accounting software company Xero announced this week that they had entered into a strategic partnership to provide better funding to UK businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Engineering Firm Opts For Automated Invoicing
July 31, 2014

Smart process applications provider Kofax announced this week that a global engineering firm chose to use various Kofax technologies to automate the capture and processing of invoices, as well as provide advanced analytics to monitor and meet internal key performance indicators (KPIs). Get the Full...

Acquiring
Walmart Nabs Social Shopping Startup, Then Promptly Shuts It Down
July 31, 2014

Walmart Labs, the retail giant’s eCommerce and R&D operation, has announced the acquisition of Luvocracy—a social shopping application that essentially allows users to both check out what their friends, loved ones and enemies (insofar as one has friended their enemies on social media) are buying...

Cool
Omnichannel Tackles The ‘Super Consumer’
July 31, 2014

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...

Acquiring
First Data’s Mobile Gifting Acquisition
July 31, 2014

First Data has given itself a gift that it hopes will keep on giving as it pursues the valuable gift card space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Company Spotlight
Visa And MasterCard Say U.S. Sanctions Won’t Affect Russian Client Banks
July 31, 2014

The newest round of sanctions against Russia relating to the ever escalating conflict in Ukraine will not negatively affect Visa and MasterCard clients at Russian banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
BitPay’s Million Merchant March
July 31, 2014

BitPay wants to make it easier for merchants to start taking bitcoin, and thinks it can succeed well enough to get a million merchants behind the company by the conclusion of 2016. “We have set a goal to enroll one million merchants by the end...