News

B2B Payments
Global Payments Announces Executive Reorganization
May 23, 2014

Global Payments has named David E. Mangum President and Chief Operating Officer. 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...

B2B Payments
Singapore Surpasses London To Become World’s Second Largest Offshore Yuan Center
May 23, 2014

According to data released last month by global transaction services organization SWIFT, Singapore accounted for 6.8 percent of all offshore renminbi-denominated currency payments last year. That put the small nation ahead of perennial #2 London, which only did  5.9 percent, but still trailing Hong Kong’s 72...

B2B Payments
Are Small Businesses The New Subprime Market?
May 23, 2014

Small businesses with limited credit history or a history of difficulties face many of the same issues that individual consumes with those problems face—mainstream lenders often aren’t willing to take the risk and disburse funds. Increasingly, small businesses also have access to the same type...

B2B Payments
Comdata Fuel Consortium Network Adds Crown
May 23, 2014

Going forward, all Crown Central LLC branded locations are now automatically enrolled in the Comdata Fuel Consortium (CFC) Network. 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...

Alternative Finances
Co-founder’s Sell-off Plans Precipitate Ripple Labs Price Plunge
May 23, 2014

Ripple Labs co-founder Jed McCaleb has revealed that he plans to sell off his entire massive holding in the company, which has prompted the price of Ripple’s native digital currency to drop sharply and steeply. Get the Full Story Complete the form to unlock this...

Mobile Commerce
Amazon Pushes Apps With Coin Giveaway
May 23, 2014

Amazon wants to get consumers downloading apps from their store, and they are not above paying them to do it. The massive e-retailers is giving away 1000 ($10 worth) Amazon coins to any customer who downloads five free apps. Get the Full Story Complete the...

Mobile Commerce
DoorDash Raises $17.3 M To Expand On-Demand Delivery
May 23, 2014

DoorDash may not be the only on-demand food delivery start-up out there, but it may be the one that dreams biggest with its plans to move beyond food. Those dreams now have a new underwriter in Sequoia Capital, who just led a $17.3 million Series A...

Mobile Commerce
Uber Approaching $12 Billion Valuation
May 23, 2014

The little ride-sharing company that changed the face of transportation, Uber, is reportedly in talks to begin a monstrous $500 million dollar funding round – which, if successful, would place the company’s valuation at right around $12 billion. Get the Full Story Complete the form...

Alternative Finances
Barclaycard And Flubit’s Digital Marketplace Team-Up
May 23, 2014

Barclaycard and London-based tech startup Flubit have teamed up to create a digital marketplace to help give smaller retailers greater access to cardholders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...