News

B2B Payments
SMBs May Get More Time To Adopt New Accounting Standards
June 24, 2019

Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place a significant burden as organizations work to comply with the requirements. Reports in Accounting Today last week said Financial Accounting...

B2B Payments
Cash Flow Worries Limit SMB Hiring
June 24, 2019

Some of the world’s largest conglomerates are raising concerns about an impending economic recession in the U.S., supply chain disruptions stemming from trade disputes and a global market shakeup from Brexit. However, as analysts explore the current state of the economy (and where it’s headed),...

Investments
Fortino Capital Backs Dutch T&E Firm Declaree
June 24, 2019

Fortino Capital Partners revealed that it has invested in Declaree, expanding its portfolio of travel and expense management companies. 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...

B2B Payments
Capital One Acquires Trade Credit Firm BlueTarp
June 24, 2019

Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp. In a press release, Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized...

Retail
Major Restaurant Chains Push For Lower Delivery Rates
June 23, 2019

In an online food delivery service market that is becoming more crowded, some of the largest operators of restaurants are renegotiating with the firms that bring takeout to consumers. While restaurants were once fast to sign up for delivery services, they are now seeking lower...

Banking
BoE Mulls FinTech Access Amid Brexit Uncertainty
June 21, 2019

The Bank of England may open its doors to tech companies and payment firms, and the move could potentially boost the U.K.’s $9 billion FinTech sector in the face of Brexit, Reuters reported. Get the Full Story Complete the form to unlock this article and...

Banking
Banks Are Increasingly Trying To Monetize Data Troves
June 21, 2019

Banks are increasingly looking for ways to monetize the large troves of data they hold on customers, be it with credit card sales or offering discounts on a customers’ special interest, like food or fashion, Reuters reported. Get the Full Story Complete the form to...

Investments
Chinese P2P Lender Dianrong Completes Funding Round
June 21, 2019

Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Crypto’s Grand Stage To Sizzle (Or Fizzle)?
June 21, 2019

Bitcoin, move over. There’s a new digital coin of the realm. Or maybe not. 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...