Payments company Stripe stole the B2B FinTech investment show this week with its funding that propelled its valuation to $22.5 billion, just days after the firm announced a partnership with Funding Circle to link its small business customers to financing solutions. Get the Full Story...
Uber Freight is taking another page out of the Uber app book with the introduction of a ratings feature designed to allow truckers to rate cargo facilities, the Wall Street Journal reported Thursday (Jan. 31). Get the Full Story Complete the form to unlock this...
U.S. suppliers are growing more vocal about what they have said are lengthy payment terms from government customers in Saudi Arabia, recent reports in The Wall Street Journal (WSJ) said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Commercial cards remain merely a small fraction of the massive B2B transaction pool in the U.S., yet adoption is steadily climbing at an estimated compound annual growth rate (CAGR) of 10 percent through 2022. The same can’t be said for France, where Mooncard CEO Tristan...
The U.S. Federal Trade Commission has approved of Staples’ proposed acquisition of B2B office supply wholesaler Essendant, reports in the Wall Street Journal said this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Employee financial wellness company FinFit is integrating its technology into human resource management platform PrismHR, the firms announced on Thursday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Ongoing investigations into the £40 million (nearly $52.4 million USD) fraud that felled Patisserie Valerie have found that fake invoices were involved. Elsewhere in the world, misuse of procurement cards has stirred investigations at several U.S. universities. Wirecard also slumped on the heels of fraud...
Metro Bank is dealing with the fallout from the revelation that it misclassified a large number of commercial loans, with many predicting the resignation of some of the financial institution’s senior executives. According to Financial Times (FT), investors, industry figures and regulatory experts have said senior executives...
Both Visa and Mastercard posted solid fourth quarter earnings and outperformed analyst estimates, yet the companies are still waiting for approval to do business in China. Though it’s been more than a year since each submitted applications to process payments in the $124 trillion market,...
