News

B2B Payments
Skalable Technologies Debuts AI Invoice Processing Tool
July 18, 2019

Skalable Technologies announced Wednesday (July 17) the launch of Skalable Stream, an accounts payable (AP) automation solution. 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
Why Corporates Must Be Weary Of Crypto’s Fraud Risks
July 18, 2019

In corporate payments, crypto was — and often still is — questionable. Though innovators and analysts often turned toward bitcoin’s underlying infrastructure, blockchain, as the real source of opportunity to address B2B payments friction, cryptocurrency itself was rarely discussed as a viable option to do...

B2B Payments
Tardy UK Firms Suspended From Prompt Payment Code
July 18, 2019

The U.K.’s Chartered Institute of Credit Management (CICM) has named-and-shamed some of the nation’s largest organizations for their habit of failing to pay their suppliers on time, reports in The Wall Street Journal said on Wednesday (July 17). Get the Full Story Complete the form...

B2B Payments
RoadSync Streamlines Logistics Payments With QuickBooks
July 18, 2019

Logistics payments platform RoadSync is syncing into QuickBooks to boost transaction efficiency for its users. 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,...

Banking
Peter Thiel-Backed German Online Bank N26 Worth $3.5B
July 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Bank Innovation That Heeds The Needs Of The ‘Digital Native’
July 18, 2019

In financial services, there is a big gap between recognizing the need for innovation and actually innovating. Joe DeRosa, executive vice president at i2c, explains why firms must eye the ‘digital native’ when bringing new payments services to market — and be courageous when doing...

Europe
EU Begins Antitrust Probe Into Amazon, Fines Qualcomm
July 17, 2019

Margrethe Vestager, the EU’s competition commissioner, is preparing to leave office with a bang, launching an investigation into Amazon while also preparing a fine against U.S. chipmaker Qualcomm, according to the Financial Times. Get the Full Story Complete the form to unlock this article and...

Investments
MyMoneyMantra Financial Marketplace Lands $15M For Expansion
July 17, 2019

Indian financial services marketplace MyMoneyMantra announced that it has raised $15 million (INR 100 crore) in funding from Dutch-based IFSD and private equity firm Vaalon Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Postmates Chief Denies Sale Rumors
July 17, 2019

Postmates CEO Bastian Lehmann said he plans to take the company public this year, even though there are rumors swirling that the company is courting sellers, according to a report from Fortune. Get the Full Story Complete the form to unlock this article and enjoy...