With a $2.1 billion debt pile that fettered its response to nimble online competitors, U.K. travel firm Thomas Cook has collapsed and left 600,000 people stranded overseas. The company reportedly had to sell three million holidays per year to make its interest payments, CNBC reported. Get the Full Story...
It wasn’t all about Facebook on the Hill. 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. By completing this form, you...
Western Union is expanding access to its global, real time account to account payments capabilities to FIs and digital wallet providers in 17 countries with plans to expand to 100 in the next 12 months. CEO, Hikmet Ersek, tells Karen Webster that opening its platform...
New York-based SMB lender SellersFunding has acquired AmzLenders as it works to expand its reach with eCommerce sellers and take on Amazon. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Bank of America has announced that it has joined the Marco Polo Network, the leading trade and working capital finance network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. While FinTechs are offering a greater variety of solutions to business users than ever before,...
Supply chain payments company Tradeshift is teaming up with spend analytics solution provider Spendency to augment its offering, the firms said Friday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
American Express Global Business Travel is appointing a new chief executive officer as the company shifts its energy towards technology investments, reports in Skift said Friday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
