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...
With U.S. retailers hesitant to embrace chip and pin and U.S. consumers apathetic about the same, Square announced Wednesday (July 30th) that it will support microchip-enabled EMV cards but not PIN. In the next generation of its matchbook sized credit card reader will be able to read will...
With what is forecast to be an epic IPO set to happen within the next several weeks, China e-retail giant Alibaba has been making increasing overtures to the U.S., and is considering an investment in social media firm Snapchat. Snapchat is growing fast. Though...
Volpe Express announced this week that it invested in a new back office management system for 24/7 bill entry processing and reporting through a cloud-based portal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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...
Pepsi Executive Brian Cornell will be joining Target as the retailer’s new CEO. Cornell has had a long, diverse and non-consecutive career at Pepsi and was considered an outside contender to succeed Indra Nooyi. Get the Full Story Complete the form to unlock this article...
Minnesota Twins fan? PYMNTS.com is officially sorry, it’s been a tough season. 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 newsletter, PYMNTS Today. By...
The credit card arm of General Electric, Synchrony Financial, brought in $2.87 billion in its initial public offering. Synchrony priced 125m shares up for grabs at $23, the bottom pricing range (the top of the range was $26). At that price, Synchrony’s total valuation...
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...
