News

B2B Payments
Amex Targets Startups With Bank-Linked Cards
October 18, 2019

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. 17). Get the Full Story Complete the form to unlock...

B2B Payments
Firms Offered More Time To Adopt New Accounting Standards
October 18, 2019

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., is offering corporates more time to adopt some revised standards, The Wall Street Journal said on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
IBM Ties Analytics Into LevaData Procurement Spend Analysis
October 18, 2019

Supply chain and procurement optimization solution provider LevaData is collaborating with IBM to augment its data analytics capabilities, the firms said in a Thursday (Oct. 17) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
How Smart Contract Tech Moves To Lower Freight Factoring Costs
October 18, 2019

When it comes to B2B payments’ late payment problem, the root of the matter can often be traced to a lack of negotiating power between small suppliers and large corporate buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses despite the economic slowdown in China, Bloomberg reported on Thursday (Oct. 17). Get the Full Story Complete the form to...

Payment Methods
Mastercard Partners With Four Retailers For Pay By Bank App
October 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. 18). Get the Full Story Complete the form...

International
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Fitbit Pushes Into Healthcare With Tie-Up To Rival Apple Watch
October 18, 2019

The Bristol-Myers Squibb-Pfizer Alliance and Fitbit announced they have teamed up to improve the diagnosis and early detection of atrial fibrillation (AFib) for those with an increased risk of stroke. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payments Innovation
Mastercard and Branch To Fast-Track Pay For Hourly Workers
October 18, 2019

That instant payments have been a significant boon to workers in the gig economy is almost inarguable. A glance at the data demonstrates why. According to a study released jointly by PYMNTS and Mastercard, a large segment of gig workers live paycheck to paycheck, and...