Elavon, a subsidiary of U.S. Bancorp (U.S. Bank), has acquired B2B payments software company CenPOS, the firms revealed on Thursday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PitchBook and the National Venture Capital Association (NVCA) released startling data on Thursday (Jan. 10) about the growth of venture capital (VC): Investors deployed almost $131 billion in 2018 across nearly 9,000 deals, with record-breaking investment rounds and new highs in startup valuations grabbing the attention...
The value of debt held by U.S. corporations is now growing faster than the economy, and businesses are struggling to make their interest payments, according to a new report from the Institute of International Finance (IIF). Get the Full Story Complete the form to unlock...
B2B payments always seems to be a step or two behind B2C payments innovation, on several fronts. It’s often struggling to make progress, weighed down by paper documents, slow payment times and a lack of digitization — and this has led many B2B payments innovators...
Amazon Web Services (AWS) and spend management solutions provider Coupa are expanding their existing partnership to provide businesses with greater visibility into and management of IT spend, the firms said in a press release issued on Thursday (Jan. 10). Get the Full Story Complete the...
Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. 9) that Edward J. Siciliano has been appointed as the new chief executive officer. CAN Capital added Siciliano from commercial financing company Marlin Business Services, where he served in a variety of roles,...
The enterprise is exposed to financial risks at just about every angle, with expansion across borders and into partnerships with unfamiliar firms upping the ante on both risk and reward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
China payment card issuer UnionPay is stepping into the market with prepaid cards for corporates and consumers, the company announced this week. Banking Tech reported on Wednesday (Jan. 9) that payment service provider Moorwand, a principal member of UnionPay, will launch the first UnionPay prepaid cards in...
Blockchain grabbed some headlines this past week as DLT helped foster new cross border payment initiatives, notably from Alipay and Ripple. Elsewhere, Faster Payments gains some new adherents in the UK, while Paya sets sights on serving government and utility payment needs.
