Paying a merchant with a promissory note is an antiquated concept at a time when consumers’ wallets — both the physical and digital varieties — brim with payment options. Yet, in the world of B2B commerce, paying on credit is alive and well. Get the...
Akeneo announced Thursday (Sept. 12) it has raised $46 million in funding led by Summit Partners. 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...
New York-based digital home buying company Prevu, which identifies itself as a customer service-oriented platform, has closed a $2 million seed funding round, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Voyage announced that it has raised $31 million in a Series B fundraise. 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....
To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term. Multiple large U.S. banks have decreased their targets with an economic environment that is changing, the Financial Times reported. Get...
Online bank Aspiration, which has a socially conscious mission, recently announced it would give customers 3 to 5 percent back on purchases from socially conscious brands, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Today in the payments news roundup, R3, an enterprise software provider, is collaborating with Mastercard to establish a blockchain cross-border payments solution. Also, Uber will reportedly fight the recent passage of controversial labor legislation in California per reports. And Groupon is said to be mulling...
Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. 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...
The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a new bond-buying program, CNBC reported on Thursday (Sept. 12). Get the Full Story Complete the form to unlock this article...