News

Retail
Facebook To Begin Taking Share Of Fan Subscription Revenue
July 09, 2019

As part of a wider range of announcements related to monetization at VidCon, Facebook said it plans to take a share of up to 30 percent on fan subscriptions. The change will take effect Jan. 1, 2020. The social media company began to launch fan...

Retail
Virgin Galactic To Become First Listed Human Spaceflight Company
July 09, 2019

As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. reportedly intends to invest approximately $800 million for a stake...

Mobile Payments
GoCardless Taps DocuSign For SaaS Payments Platform
July 09, 2019

GoCardless has announced that DocuSign will deploy its SaaS-based payments platform for its European customer base. 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
The Other Trade Dispute Disrupting Samsung’s Supply Chain
July 09, 2019

While the trade war between the U.S. and China continues to put pressure on some of the largest multinational conglomerates and their supply chains, it’s not the only geopolitical dispute forcing changes in buyer-supplier relationships. Get the Full Story Complete the form to unlock this...

B2B Payments
HSBC Streamlines Inter-Company Bank Accounts
July 09, 2019

HSBC is introducing virtual accounts for corporate and institutional clients, the financial institution said in a press release sent to PYMNTS on Monday (July 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
The Intersection Of FX Management And Open Banking
July 09, 2019

Corporate cash inflows and outflows present ample opportunity for friction and disruption — and, as a result, ample opportunity for innovation. As evolutionary forces in the financial services space, like faster payments and Open Banking, take a closer look at how to disrupt the business...

Partnerships / Acquisitions
Capital On Tap Launches SMB Card With Receipt Bank
July 09, 2019

U.K. small business lender and commercial card company Capital on Tap is collaborating with accounting software company Receipt Bank to launch the Receipt Bank Card, a commercial card solution for small businesses, according to a press release Monday (July 8). Get the Full Story Complete...

B2B Payments
Soldo Lands Series B For Biz Spend Management Tech
July 09, 2019

Soldo, a company offering corporate spend management solutions, has announced a Series B funding round, according to a Monday (July 8) report in Yahoo! Finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks. That holds especially true when it comes to letters of credit – an old, perhaps even outdated device that is...