With interest in and adoption of corporate card products heating up, financial institutions (FIs) are turning toward collaboration to elevate their offerings for small businesses and enterprises. This week’s look at commercial card innovation finds a ramp-up in virtual card investment, and a focus on...
Paper checks are cumbersome and expensive. Between the overhead costs of having a professional actually accept and process that paper check, and the manual burden of entering check payment information in back-office systems, the payment method isn’t worth the hassle. Get the Full Story Complete...
Though a universal issue, the late payments challenge has found its epicenter in the U.K., where efforts from regulators and the private sector shine an increasingly bright spotlight on the plight of small businesses looking to get paid on time. Get the Full Story Complete...
One of the goals of the connected economy is to turn simple things into payment mechanisms. 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...
Talk about low-hanging fruit. Banks have an untapped sales opportunity right in front of them — one that leverages what they do best, with a product that almost everyone needs and with a captive audience that’s willing to listen. Get the Full Story Complete the...
Porsche drivers in Australia now have new options when parking in Melbourne, NFCW reported. 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...
Facebook’s WhatsApp payments are available in Brazil as of Tuesday (May 4), WABetaInfo reported.The announcement comes about a year after a nearly identical announcement. But at that time, the Central Bank of Brazil had issues with the system, saying WhatsApp payments could hurt banks and...
Krispy Kreme has submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) intending to file an initial public offering (IPO), according to a Tuesday (May 4) press release. Get the Full Story Complete the form to unlock this article and enjoy...
Luxury gym operator Equinox Holdings, often used by celebrities and financiers, might end up merging with a special purpose acquisition company (SPAC) backed by investor Chamath Palihapitiya, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...