In B2B payments, the tipping point looms — away from checks and toward payments done electronically. At least, if the tipping point is not here yet, then we are tipping rapidly toward the tipping point. Get the Full Story Complete the form to unlock this article and enjoy...
WEX released its third-quarter 2018 earnings data on Wednesday morning (Oct. 31), beating analyst expectations in posting $382.7 million total revenues, an 18 percent year-over-year increase, with earnings at $2.19 per share. Get the Full Story Complete the form to unlock this article and enjoy...
CYBG, which recently acquired Virgin Money with plans to ramp up small business lending, is facing a heightened legal challenge from small businesses accusing the institution of forcing some small firms into insolvency. Get the Full Story Complete the form to unlock this article and...
Foreign exchange (FX) brokerage solutions provider Leverate is rolling out a cryptocurrency solution aimed at promoting crypto adoption among brokers and businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending market that alternative and marketplace lenders rushed to fill. In the U.K., support for FinTech, as well as challenger banks,...
Commercial fleet payments solution provider Fleetcor once again beat Wall Street expectations when it reported its 2018 third quarter earnings data Tuesday (Oct. 30) evening, coinciding with the announcement of a new contactless payment partnership with McDonald’s in Brazil. Get the Full Story Complete the...
Cloud Elements, a platform offering application program interface (API) integration solutions, secured an investment from the venture capital (VC) arm of American Express (Amex), the company said in a press release issued Tuesday (Oct. 30). Get the Full Story Complete the form to unlock this article and...
With cannabis legalization expanding around the globe, marijuana-targeting FinTech startups are a growing breed, too. The latest to secure venture capital is WAYV, a procurement platform designed for the legal cannabis industry. A press release this week said the firm landed $5 million in Seed...
Late payments, as tracked by Atradius, are a growing problem across Western Europe, and insufficient availability of funds remains the culprit. Elsewhere, studies show that Slovakia reigns among European nations as the country with the highest incidence of late payments.
