News

Retail
Amazon Unveils Personal Shopping Service
July 31, 2019

To provide consumers with fashion advice, Amazon has debuted Personal Shopper by Prime Wardrobe. The new service offers recommendations for clothes as well as accessories that personal shoppers curate, Geek Wire reported. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
FIS Closes Acquisition Of Worldpay
July 31, 2019

In a move that enhances its global technology position serving merchants, banks and capital markets, FIS closed its acquisition of global payments firm Worldpay, Inc. The combined company will have over 55,000 employees and more than $12 billion in pro forma revenue, according to an...

B2B Payments
Maryland Launches eProcurement Portal With Nitor, Ivalua
July 31, 2019

The state of Maryland has launched a new eProcurement system for the Maryland Department of General Services following a collaboration with source-to-pay and eProcurement FinTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Attabotics Secures $25M For Supply Chain Robotics
July 31, 2019

Supply chain technology company Attabotics has announced $25 million in funding, according to a press release issued Tuesday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Microsoft Helps UAE Trade Finance Bank Digitize
July 31, 2019

Microsoft is collaborating on a digital overhaul of a United Arab Emirates-based trade finance bank, Anglo-Gulf Trade Bank, a press release announced Tuesday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Open Banking Takes On Bad Rap Of Merchant Cash Advance
July 31, 2019

The merchant cash advance is considered the payday loan for many in the small business lending market — and that’s not necessarily a good thing. While designed to connect small business owners to quick capital for a boost to their cash flow, the MCA has...

B2B Payments
China Bets On SMB Lending To Ramp Up Bank Competition
July 31, 2019

China’s banking regulation is in-flux. As watchdogs ramp up oversight of financial institutions and FinTechs, late last year the China Banking and Insurance Regulatory Commission also announced plans to relax restrictions on foreign ownership of banks operating in the country. Get the Full Story Complete...

B2B Payments
Mastercard Inks Bahrain Blockchain Partnership
July 31, 2019

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) to develop a blockchain-powered B2B payments solution, according to a press release Tuesday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Payments
Sionic Mobile Offers Pay At Pump – Minus The App
July 31, 2019

Sionic Mobile has announced the launch of mobile payments at gas pumps without requiring a mobile app. 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...