News

B2B Payments
Today In B2B: Virgin Money Chooses Biz Banking Partner, Iceland Debuts Instant Payments
December 01, 2020

Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending...

Regulation
EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
December 01, 2020

European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies from achieving market dominance in the future, a top EU regulator says. Get the Full Story Complete the form to...

Retail
Small Business Digital Platform GoSite Lands $40 Million
December 01, 2020

GoSite, a digital platform for small businesses, has landed $40 million in a Left Lane Capital-led Series B fundraising round. Cove Fund, Longley Capital, Ankona Capital, Stage 2 and Serra Ventures also took part in the round, according to a Tuesday (Dec. 1) announcement. Get...

Retail
Southern Glazer’s Rolls Out Business-To-Customer Digital Team
December 01, 2020

Beverage alcohol distributor Southern Glazer’s Wine & Spirits has rolled out a new Business-to-Customer eCommerce workforce, according to a Tuesday (Dec. 1) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Expense Management Innovates For The Return Of Corporate Travel
December 01, 2020

Business travel volumes are still in a record slump as the coronavirus crisis rages on. And if there’s one thing for certain about the future of the business trip, it’s that nothing is certain. Get the Full Story Complete the form to unlock this article...

B2B Payments
Why Factoring Isn’t A One-Size-Fits-All Solution
December 01, 2020

The factoring industry hasn’t always held the most positive reputation among the small business community. Much like the notorious merchant cash advance, a factor can often be known for sky-high rates that lack transparency. Further, critics argue that factoring invoices only puts a band-aid over...

B2B Payments
B2B Payments Tech Closes The Buyer-Supplier Gap
December 01, 2020

As B2B payments innovation accelerates, some solution providers are pulling double-duty by tackling both accounts payable (AP) and accounts receivable (AR) friction with a single solution. Commercial cards are an increasingly popular tool of choice to address the pain points of buyers and suppliers, but...

Payment Methods
Paidy Founder Says Japanese Consumers Ready For New Take On Buy Now Pay Later
December 01, 2020

When it comes to the attitude about and usage of credit, not all countries are created equal. In fact, even within geographic areas certain countries have high cash volumes even in the COVID-19 world where passing paper is a more dangerous activity. In the EU...

Payments Innovation
Cutting Through The Cross-Border Payments Confusion
December 01, 2020

The world doesn’t lack for stories about cross-border payments gone wrong. As North Lane Technologies CEO Seth Brennan told Karen Webster in a recent conversation, we’ve all heard the horror stories about someone trying to do something relatively simple, like send $100 to a family...