News

B2B Payments
B2B Payments Energized (Literally) Across Borders
April 25, 2019

In Thailand, the biggest company — one that stakes its claim on petroleum — is boosting its cross-border efforts through a pact with Ripple, focused on B2B. Elsewhere, JPMorgan is ramping its competitive efforts against Ripple, while reducing errors in payments sent to banks across...

B2B Payments
Construction Ponders The Equipment Rent-Versus-Buy Dilemma
April 25, 2019

Confidence in the equipment finance industry has dropped in recent weeks, new data from the Equipment Leasing and Finance Foundation revealed. While equipment finance may seem like a niche market, it can reflect an array of ongoing and upcoming trends in the current economy, from inflation...

B2B Payments
India’s EnKash Lands Funding For B2B Payments Platform
April 25, 2019

EnKash, an India-based B2B payments platform, announced new funding from backers at Mayfield India and Axilor Ventures, reports in VCCircle said on Wednesday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Amazon India Sees First SMB Lender Integrated Into Platform
April 25, 2019

Amazon India is integrating its first small business lender via API into the Amazon Lending marketplace, reports in News Barons said on Wednesday (April 24). India’s FlexiLoans has expanded its existing partnership with Amazon.in through the integration of its lending platform into the Amazon Lending...

Retail
Albertsons Sees Rise In Same-Store Sales, eCommerce Growth
April 25, 2019

Albertsons has reported strong numbers for its fourth quarter and full year of fiscal 2018. 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,...

B2B Payments
FIS Taps Visa B2B Connect For X-Border Payments
April 25, 2019

Mired in paper and inefficient processes, B2B payments need an overhaul. That’s especially when done cross-border, because tracking fund flows between corporates becomes an onerous undertaking across time zones and currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
McDonald’s Bails On Uber Eats Exclusivity Deal
April 24, 2019

McDonald’s is looking to make more money for its franchisees by renegotiating the terms of its exclusive delivery deal with Uber Eats, Bloomberg reported. The two companies recently met to lower the fees paid to the delivery giant. The terms will include “significantly reduced commission...

Global Payments
EnKash Notches $3M In Series A Funding; Grab Teams With SM Cinema For Ticket Payments
April 24, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes India-based EnKash’s Series A fundraising round. Grab and SM Cinema are teaming up for movie ticket payments in the Philippines, Vietnam has reportedly notched strong mobile payments growth, and nearly...

Cross-border Payments
Zipline Begins Delivering Medical Supplies In Ghana
April 24, 2019

Zipline, the UAV maker and logistics services provider, is live in Ghana as of Wednesday (April 24) launching a program to deliver medical supplies via drones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...