News

B2B Payments
The ‘Frankencloud’ That Threatens Manufacturers’ Modernization Progress
October 20, 2020

No manufacturer was immune to the widespread and dramatic market impacts of the global pandemic. Between fluctuating consumer buying behavior and supply chain disruptions, manufacturers the world over were faced with an unprecedented level of volatility — and for many, their internal systems simply couldn’t...

B2B Payments
Finding The Payment Rail Mix To Tackle B2B Payments Friction
October 20, 2020

Innovation is all about thinking outside the box – sometimes. 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 Today. By completing this...

Payment Methods
VersaPay, Solupay Merge To Create Collaborative AR/AP Payments Network
October 20, 2020

Information gaps.  Asynchrony.  Paper checks and paper invoices.  Suppliers have payment preferences, buyers are reticent to grant them. 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,...

B2B Payments
To Modernize B2B Payments, Break Down The Silos Between AP And AR
October 20, 2020

In the bid to modernize B2B payments, accounts receivable (AR) and accounts payable (AP) need to work together. 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...

International
Mastercard’s Priceless Planet Coalition Adds Members To Fight Climate Change
October 20, 2020

Mastercard has announced the expansion of the Priceless Planet Coalition to continue combating climate change, a press release says, with dozens of new contributors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
UK’s B2B Supply Chain Verification Co. Detected Nets $323,000
October 19, 2020

Business verification platform Detected, which was founded during the pandemic, has closed a pre-seed funding round with £250,000, featuring contributions from numerous prominent investors, according to a report from U.K. Tech News (UKTN). Get the Full Story Complete the form to unlock this article and...

eCommerce
The Global Grocery Race And The Digital Consumer
October 19, 2020

Alibaba and its big grocery play have grabbed some global attention this week as the eCommerce giant has invested $3.6 billion for a controlling stake in the “hypermarket” operator Sun Art Retail Group. The deal will give Alibaba a controlling 70.94 percent equity interest in Auchans’...

eCommerce
Car Buyers and Sellers Prefer To ‘Click The Tires’ In The COVID Era
October 19, 2020

COVID-19’s economic impacts continue to roil the auto industry, but rather than hurt sales, the pandemic is just increasingly moving them to digital channels. The age-old process of “kicking the tires” of a vehicle at a local dealership is increasingly moving to deal-hungry shoppers “clicking the tires”...

Regulation
Big Tech Compliance Tracker: EU Watchdogs Make ‘Big Tech Hit List’; France To Go Ahead...
October 19, 2020

Here’s the latest news from Amazon and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...