Telecommunications firm BT Group announced this week that it had extended its contract with electronic invoice company Tungsten. The two firms have worked together since 2003, but BT has now selected Tungsten to extend the benefits of e-Invoicing to all its suppliers across all entities,...
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...
Facebook on Tuesday (July 29) confirmed that it has killed the last remnants of its direct E-Commerce operation, with plans to fully shutter its Gifts shop on Aug. 12. Facebook launched Gifts back in 2012, initially selling physical goods and later only selling gift cards...
U.S. Bank will introduce new tools designed to improve virtual spending options for corporate travel at the Global Business Travel Association’s annual conference this week, according to a company statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Users of travel technology provider Amadeus will soon have a new payment option open for completing bookings. The two companies have announced a strategic collaboration to integrate Alipay into the Amadeus Payment Platform (APP). As a result of the team-up, Amadeus’ travel providers will...
If state partners pay vendors for their services in cash before implementation, vendors could be tempted to discontinue supplies before implementation, says the United Nations Population Fund (UNFPA) Monitoring Team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Muneeb Akhter failed at the first, and arguably most important, test of being a criminal mastermind—do not tell people enthusiastically about being a criminal mastermind. Akhter admitted in a sworn statement that he had used his prodigious talents as a hacker to break into...
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...
What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common? Starting in 2015 they will all be things one can find at a BJ’s wholesale club. The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...
