Whether it’s online or in person, purchasing cards are being used pretty much everywhere. Kevin Phalen, Managing Director at Bank of America Merrill Lynch, shared with PYMNTS his firsthand perspective on the global expansion of procurement cards, and what lies ahead in the space.
Last week, PYMNTS featured the B2B invoice scam, a growing phenomenon in which cyberthieves hack into company email accounts or impersonate officials within a corporation to falsify invoices. The scheme leads companies to unknowingly pay the criminal, while under the impression that they are paying...
Canada’s alternative small business lending market is slowly being saturated with new competition, and the industry has earned a new wave of attention thanks to U.S.-based OnDeck’s plans to go public up north. But a different trend is emerging that sees Canadian players launching operations...
Financial services and payments firm Worldpay may appear to be a mega-corporation that works with other big businesses, but according to reports in Forbes, the company actually prefers the small and medium-sized enterprise crowd — and a new focus on SME clients aims to make...
Apple and IBM have been working quite closely together this year in an effort to help companies get on board with the Internet of Things. The collaboration involves the promotion of Apple mobile devices in the workplace and the utilization of IBM technology to help...
The Obama administration is launching several initiatives before the commander-in-chief ends his term. Among them is a plan for the government to strengthen its transparency and cost-savings through electronic invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In recent months, retailer behemoth Walmart has been launching a full-throttle B2B eCommerce campaign in India through the launch of several wholesale locations and with the launch of a smartphone app that enables small stores to do their procurement through a mobile device. Get the...
Payroll cards are expected to wipe out paper checks. Recent research found that this year alone, employers will issue more payroll cards to employees than they will checks. But two recent cases in Pennsylvania and New York reveal a growing divide among employers and workers...
When it comes to managing invoices or paying bills, businesses in a variety of industries seek a solution that will be both accurate and efficient. PYMNTS sat down with Kirill Rechter, CEO of LogNet Billing, to discuss how automated billing solutions can benefit companies today...
