B2B Payments

B2B Payments
Why Mark Cuban Invested in e-Procurement
April 18, 2014

Mark Cuban is a very successful investor with billions of dollars to show for smart picks. His rather "eclectic" taste for startups makes it hard to judge the objective value of his seal of approval. But for tiny B2B procurement start-up Procurify, Cuban's recent high...

B2B Payments
Can Virtual Identities Eliminate Fraud?
April 18, 2014

Every year $21 billion goes up in smoke due to fraud based on identity theft. miiCard thinks it has a solution that could cut that as much as 80% per year. PYMNTS caught up with Founder and CEO James Varga about how miiCard’s new virtual...

B2B Payments
Etsy Goes Wholesale
April 18, 2014

Etsy, once a cutesy little marketplace for homemade and handmade goods, has become an online retail powerhouse, toping $1 Billion in sales in 2013. Their move to become a wholesaler opens up a whole new set of opportunities and challenges.

B2B Payments
Uh, Oh. More Banking Regulation Comes to the EU
April 18, 2014

The European Union will add a new union to its structure, a “banking union” that is designed to “fix” the EU’s still troubled financial sector and broken banks. Will a coalition of banks and more regulation really make it all better?

B2B Payments
New Public Procurement Rules Aimed at Encouraging SMEs to Bid
April 18, 2014

The Irish government has introduced new guidelines to make it easier for small business to bid for public contracts. The new rules, provide for the sub-division of larger contracts into lots, where possible, and for the setting of relevant financial capacity, turnover and insurance levels...

B2B Payments
Ackroo Now Fleet Card provider in St. Lucia
April 18, 2014

Ackroo a provider of gift card and loyalty solutions has expanded into the Caribbean with their Stored Value Fleet Card solution for fuel retailers.  West Technology Group in St. Lucia selected Ackroo for a stored value Fleet Card solution for their 22 gas station locations....

B2B Payments
Hospitals Trying their Hand at Insurance Provider Business
April 18, 2014

The Affordable Care act has doctors, businesses and individuals adapting to the widespread changes and hospitals are entering the provider game. Self-insurance plans are arising at hospitals that put financial risks on employers for providing benefits to their workers. The ACA employer mandate, which has...

B2B Payments
Warburg Pincus to Buy Electronic Funds Source
April 18, 2014

An investor group that includes First Data Transportation Services, Inc, CTP Holdings, and FJ Management sold Tennessee-based Electronic Funds Source (EFS) from Warburg Pincus. Electronic Funds Source, a provider of customized corporate payment technology solutions designed specifically to help customers drive efficiencies and improve bottom...

B2B Payments
Moving Money Cross Border via an API?
April 17, 2014

The Currency Cloud has transformed cross border money movement by making its platform a “money as service” API. It just snagged another $10 M to expand its platform again. Get the latest on what they plan to do with the cash.