Managing employee spend is an arduous process that traditionally involves a lot of paper. Indeed, the physical receipt has been a point of friction in the expense management process for years, leaving travel and entertainment (T&E) innovators room to tackle the pain through technology. Get...
Small businesses are turning toward their financial service providers now more than ever, not only for access to working capital and key products to run their business, but also for advisory services and guidance on how to navigate today’s volatile market. Get the Full Story...
On the path to payments innovation, collaboration is key. This week’s Commercial Card Innovation Tracker finds FinTechs and payment technology players like Mastercard, Visa and Nets embracing partnerships to roll out new corporate card solutions, including virtual commercial cards and small business credit cards designed...
Belgium-headquartered payments solution provider SWIFT is introducing a new service for real-time cross-border payments and transfers called gpi Instant. 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...
There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Mark Aquilina, senior vice president of product and strategy at WEX, told PYMNTS that’s partly because...
Since the earliest days of human existence, the concept of trust has presented unique interpersonal challenges that are as trying in the digitized world of the 21st century as they were for ancient civilizations. According to Mitek Systems CEO Max Carnecchia, 100 years of steady,...
At a time when COVID-19 has seen global eCommerce and digital traffic grow by nearly 70 percent, security experts have braced for a commensurate surge in online fraud as the holiday shopping season continues. Mzukisi Rusi, vice president of customer success at device identity and...
Lightspeed, which provides omnichannel cloud-based platforms, has acquired restaurant management cloud software company Upserve, according to a press release. 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...
The U.S. Consumer Financial Protection Bureau issued an advisory opinion Monday (Nov. 30) that earned wage access (EWA) products do not represent extensions of credit under one of its key regulations. Earned wage, or on-demand, payroll access is used by many companies to give their...
