News

B2B Payments
Reconciliation Troubles, Supplier Inexperience Exacerbate Late Payments
March 02, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Wirecard Collabs To Digitize Business Banking In Philippines
March 02, 2020

Germany-based FinTech services firm Wirecard is partnering with the Union Bank of the Philippines to improve banking services for corporate customers, Wirecard announced on Friday (Feb. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
BBVA’s Four-Step Guide To Digital-First Transformations
March 02, 2020

Transitioning to a digital-first banking system has numerous benefits, from targeted product recommendations to decreased transaction times. But making sure customer-facing and back-end operations are working in parallel is just one of the obstacles banks face when undergoing digital transformations. In this month’s Digital-First Banking...

International
China Uses Alipay To Deploy Color-Coded Health Rating App
March 02, 2020

Tech giants in China are deploying a color-coded health rating system to help officials track the millions of people returning to work in the wake of the fast-spreading coronavirus outbreak, The New York Times (NYT) reported on Sunday (March 1). Get the Full Story Complete the...

Merchant Innovation
DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
March 02, 2020

If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a contender for the top spot.  The “almost “is simply because it is not clear that it is even a legitimate quote. Like many famously quotable...

B2B Payments
FinTech Niyo Eyes Financial Inclusion With India Payroll Tech
March 02, 2020

Neobank Niyo has partnered with the National Payments Corp. of India (NPCI) to advance financial inclusion and introduce financial services to more than five million blue-collar workers in India by 2022, Crowdfund Insider reported. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Mobile Health Benefit Platform Accolade Seeks IPO, Has $620M Valuation
March 02, 2020

Health tech startup Accolade, with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. 28), according to reports.  Get the Full Story Complete the form to unlock this...

International
Virus Expected To Have Long-Term Impact On Travel, X-Border Payments
March 01, 2020

The number of companies and events impacted by the coronavirus’ mass spread now includes the annual Game Developers Conference. 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...

Partnerships / Acquisitions
WeWork Gets Higher Bid For Management Startup Than Its Co-founder
March 01, 2020

Managed by Q co-founder Dan Teran was in talks to buy his company back from WeWork — which the office-sharing firm acquired in April 2019 — but those talks have apparently fallen apart, Bloomberg reported on Friday (Feb. 28), citing sources familiar with the matter. ...