News

B2B Payments
Newegg Chooses Behalf For Flexible Business Financing
November 11, 2020

Behalf, which provides alternative financing and payment solutions for B2B sellers and buyers, has been selected by Newegg to provide flexible financing options for customers, Behalf announced in a Wednesday (Nov. 11) press release. Get the Full Story Complete the form to unlock this article...

Faster Payments
Will Facebook’s Libra Be Part Of A New, Faster Payments System?
November 11, 2020

For Libra — the digital currency backed by Facebook and a consortium of enterprises — will speed make a difference toward adoption (if it ever launches)? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Today In B2B: US Bank Optimizes Accounts Payable; Nacha’s Phixius Makes Its Debut
November 11, 2020

Today in B2B payments, U.S. Bank rolls out an accounts payable optimization solution through a collaboration with Bottomline Technologies. Plus, AvidXchange integrates with Concur Invoice, Paytm debuts payout capabilities for businesses, and Nacha’s Phixius platform goes live. Get the Full Story Complete the form to...

International
UK Pushes For Greater Control Over Acquisitions By Foreign Businesses 
November 11, 2020

The United Kingdom is poised to become the latest country to roll out rules aimed at barring acquisitions by foreign countries of businesses in key or strategic sectors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
GE To End Rotational Staff Audit Program
November 11, 2020

General Electric Co. is ending a longstanding staff rotational program that lasts multiple years, which the company has harnessed to develop executives, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Social Commerce
Chinese Advertising Generates $27B For TikTok’s ByteDance
November 11, 2020

ByteDance is now firmly positioned as the second-biggest platform in China by digital advertising dollars, closing in on Alibaba’s lead and bumping Baidu, according to a Reuters report citing two sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Today In Payments: China’s Singles’ Day Sales Hit $56B; Lyft Considers Moving Into Delivery Sector
November 11, 2020

In today’s top news, Alibaba’s Singles’ Day in China has brought in $56 billion thus far, and Lyft is launching a delivery service. Plus, the Department of Justice approved Uber’s acquisition of Postmates. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Lyft And Uber Ramp Up Competition As Ridesharing Rebounds
November 11, 2020

Having survived the worst of COVID-19’s economic upheaval so far, top U.S. ridesharing companies Uber and Lyft have shifted from survival mode to being competitive rivals once again. Both are rolling out new initiatives aimed at swiping customers from each other. Get the Full Story...

News
Today In Payments Around The World: LinkAja Closes Grab-Led $100M Series B; Kuda Lands $10M...
November 11, 2020

In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding round. Plus, Canadian payment services company Interac is collaborating with Walmart Canada to expand debit...