News

B2B Payments
PayMate Gears Up For Middle East Entrance
May 28, 2019

India-based firm PayMate, which provides B2B payments and small business (SMB) financing solutions, offered an update to The Financial Express about its partnership with Visa, announced earlier this year. PayMate told reporters that it plans to launch its operations in the Middle East in the middle...

B2B Payments
SBA Loans To Failing Subway Franchisees Under Scrutiny
May 28, 2019

A U.S. senator has sent a letter to the Small Business Administration (SBA) questioning the agency’s backing of loans to struggling franchisees of Subway and other chains, reports in Restaurant Business Magazine said late last week. Get the Full Story Complete the form to unlock...

B2B Payments
Australian Governments Take Action On Late SMB Payments
May 28, 2019

While late payments to small B2B suppliers appears to be a universal challenge, the U.K. has arguably shed the most light on the problem thanks to industry efforts to raise awareness, and regulatory efforts to lower days payable outstanding. Get the Full Story Complete the...

B2B Payments
Comdata Strengthens Construction B2B Payments Position
May 28, 2019

Enterprise spend data company Comdata is strengthening its position in the construction vendor payments industry through an integration with Jonas Construction Software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances
May 28, 2019

FinTech firms are making strides in cross-border payments and tie-ups with more traditional players, as evidenced by Numbrs linking with German insurer Allianz. Elsewhere, faster payments gets a boost in the U.K.

Partnerships / Acquisitions
Global Payments, TSYS Ink $21.5B Deal To Merge
May 28, 2019

Megadeals everywhere in payments? Global Payments has inked a deal to acquire Total System Services (TSYS) in a $21.5 billion deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Huawei Claims FedEx Rerouted Four Of Its Packages
May 28, 2019

Huawei, the Chinese telecom operator that was blacklisted by the White House, is reportedly looking at its relationship with FedEx after it contends Fedex diverted two parcels destined for Huawei’s offices in Asia. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Nordic’s P27 Mulls Buying Swedish Clearing Platform
May 28, 2019

The Nordic’s P27, a bank-owned initiative to create a common payments platform across the region, is looking into buying Swedish clearing payment firm Bankgirot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
12 Payments Execs On How To Make Instant Pay
May 28, 2019

Instant gratification isn’t instant enough for modern consumers. Gig, public utility and eCommerce companies are all focusing on payment innovations to remain competitive in increasingly saturated markets, experimenting with new tools, technologies and digital channels to engage with and retain users on their platforms. Get...