News

B2B Payments
Goldman Sachs Adds Global Payments To SAP Ariba
March 16, 2020

A new Goldman Sachs deal will allow more companies to work with with the wide swathe of businesses using SAP’s Ariba Network, which boasts trillions of dollars in commerce transactions annually, according to a press release. Get the Full Story Complete the form to unlock...

B2B Payments
SWIFT Delays X-Border Payments Migration To ISO 20022
March 16, 2020

Cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year and are expected to come by the end of 2022 instead, according to reports. Get the Full Story Complete the form to unlock...

Investments
India’s Shop101 Secures $3.9M To Boost Social Commerce
March 16, 2020

Shop101, the social commerce startup, has raised $3.9 million in a Series C funding round. Its current investors Kalaari Capital, Vy Capital, Unilever Ventures and Stellaris Venture Partners led the fundraising, according to a report from DealStreetAsia on Monday (March 16). Get the Full Story...

News
Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On...
March 16, 2020

In today’s top news, factory production in China experienced its worst decline in 30 years, and Apple Card users will be allowed to skip March payments without incurring interest. Plus, Karen Webster outlines what we can learn about the future of the connected economy, based...

Security & Fraud
Travelex Parent Finablr On Verge Of Collapse
March 16, 2020

Payments company Finablr has said that it could be in danger of collapsing, and the Financial Conduct Authority (FCA) has frozen its trading, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
German Travel Booking Firms Prepare For Border Closures
March 16, 2020

The coronavirus pandemic has wreaked havoc on travel companies all around the world, especially airlines, but other companies with travel-facing businesses are being adversely affected as well, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

International
Planning For Recovery: Lessons Learned From China
March 16, 2020

In normal times, retailers plan for the holidays in July and August. These are not normal times. But it’s not too far afield for retailers to start planning ahead for normal times — or to envision what their businesses will look like 45, 60 or...

B2B Payments
The Conundrum Of Mixing Tech With Humans In SMB Finance
March 16, 2020

The digitization and automation of small business lending has led to some undeniable benefits for entrepreneurs today. 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...

B2B Payments
Governments Step In To Quell Late Supplier Payments Pain
March 16, 2020

To provide relief to small suppliers as the coronavirus continues to squeeze supply chains and rock cash flows, U.K. grocery giant Morrisons announced Friday (March 13) it would be accelerating vendor payment terms to just 48 hours. Get the Full Story Complete the form to...