News

B2B Payments
New Cyberattacks Surface To Steal Corporate Funds
April 04, 2019

The threat of cyberattacks continues to grow, and small businesses (SMBs) are caught in the crosshairs. 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...

B2B Payments
1st Commercial Credit Adds Factoring Into Trucking Invoice Solution
April 04, 2019

Factoring company 1st Commercial Credit is integrating a receivables financing solution into its platform for trucking 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 to our...

Banking
How Friendly Friction Builds Better Banking Experiences
April 04, 2019

Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services.  According to a recent study by Citibank, 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented...

Banking
Why FIs Must Be ‘Too Good To Fail’
April 04, 2019

Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where legacy systems hamper results – but mindsets matter, too. Amir Wain, CEO of i2c, weighs in on why it's crucial to picture the...

B2B Payments
Trade Finance: From Cash Flow Necessity To Competitive Advantage
April 04, 2019

With B2B payment terms continuing to lengthen in the global market, cash flow management continues to play a critical role in the survival of traders, particularly the smallest firms. A proliferating trade finance market has emerged largely as a result of this cash flow crunch,...

Investments
Tencent Buys Stake In Chinese eCommerce Co Youzan
April 04, 2019

Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. According to DealStreetAsia, the deal will give Tencent a 6.7 percent stake in Youzan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Microsoft-Backed Cybersecurity Co Aqua Raises $62M
April 04, 2019

Aqua Security announced that it has closed a Series C investment round of $62 million, led by Insight Partners. The company’s existing investors — Lightspeed Venture Partners, M12 (Microsoft’s venture fund), TLV Partners and Shlomo Kramer — also participated. This latest investment brings Aqua’s total...

Investments
Yahoo Sells, Shutters Altaba, Its Alibaba Stake
April 03, 2019

The company created to hold Yahoo’s considerable stake in Alibaba, called Altaba, will be sold and close shop by Q4 of this year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Cross-Border Payment Efforts Look To Blockchain And Beyond
April 03, 2019

Banks and FinTechs have set their sights on cross-border payments, looking toward speeding up consumer and B2B payments while lowering costs. From Thailand to Canada, from Ripple to SWIFT, blockchain (and other means) has been part of the continuing conversation.