News

Partnerships / Acquisitions
FLEETCOR Expands Payroll Card Reach With SOLE Financial Buy
July 08, 2019

In a move that extends payroll card portfolios to serve small and medium-sized businesses (SMBs), global business payments company FLEETCOR Technologies, Inc. has acquired payroll card provider SOLE Financial. The move is said to bring SOLE together with FLEETCOR’s existing digital paycard business and grow...

eCommerce
Merchant Adoption Of Multiple Buy Buttons Growing
July 08, 2019

So-called “buy buttons” have captured the imaginations of online retailers and social media platforms over the years, but they have had far more success being used on eCommerce sites. Instagram encourages discovery and shopping, but has stopped short of adding a literal buy button, while...

B2B Payments
MYOB Suffers Payroll Reporting Glitch
July 08, 2019

Australian small business cloud accounting company MYOB was managing a system glitch last week after it confirmed hundreds of payroll reports known as group certificates or payment summaries were sent to the wrong recipients. Get the Full Story Complete the form to unlock this article...

B2B Payments
UK Reveals Late Payments Law Loophole
July 08, 2019

The U.K. is perhaps the most vocal market in the late B2B payments world, with regulators working to address delayed invoice payments, while FinTechs and banks weigh in on the matter with their own efforts to tackle the issue. Some, like Xero and FreeAgent, have...

B2B Payments
How APIs Level The B2B eCommerce Playing Field
July 08, 2019

In B2B commerce’s pursuit of the “Amazon-like” experience, both buyers and vendors have quickly discovered that business-to-business cannot take the same path that the business-to-consumer market did. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Onyx CenterSource Partners With Sovos On eInvoicing Expansion
July 08, 2019

Onyx CenterSource, a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro eInvoicing capabilities. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
British Airways Fined £183M After 0.5M Users’ Data Is Compromised
July 08, 2019

The U.K. Information Commissioner’s Office (ICO) has fined British Airways over £183m for a data breach involving the theft of more than half a million users’ data, including login info, card information, names, addresses and booking information, according to a report by The Guardian. Get...

Banking
Can ‘Elective’ Fees Work For Retail Banks?
July 08, 2019

Most people like their banks, a built-in advantage for banks and credit unions as they fend off challenges from upstarts, and as more and more financial services get the mobile touch. Indeed, some 88 percent of consumers don’t see a reason to switch to other...

Digital Banking
InstaReM CEO: Why We Want A Digital Banking License
July 08, 2019

When Facebook’s Libra news broke like a tidal wave on the payments and commerce ecosystem a few weeks ago, there was no shortage of opinions about what it meant and whether or not it would take the world by storm. For Prajit Nanu, CEO at...