News

B2B Payments
Alternative Finance No Longer SMBs’ Last Resort
January 21, 2019

Alternative finance (AltFin) has had a rocky lifespan, with controversies over high interest rates, contract agreements and the overall viability of the industry being called into question in the past. Today, however, investors continue to back companies that want to help borrowers find a source...

B2B Payments
Late Payments A Government Hallmark In The UK — And US, Too
January 21, 2019

As the government shutdown dragged on into the weekend, the impact of late payments on contractors got the spotlight in outlets such as Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
China’s Economic Growth Suffers Amid Trade War
January 21, 2019

With a trade war with the U.S. weighing on the Chinese economy, economic expansion in China hit a pace not seen in close to three decades. reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
The RealReal Mulling An IPO This Year
January 21, 2019

The RealReal, the online luxury reseller, is reportedly mulling an initial public offering, reported Reuters. 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 newsletter,...

B2B Payments
How Inefficient B2B Payments Systems Hobble Business Growth
January 21, 2019

Business confidence remains strong in the U.S., riding on the optimism of a strengthening economy that brings new opportunity for revenue growth. This is particularly true for small and medium-sized businesses (SMBs), most of which are anticipating revenue growth in the year ahead, according to...

Retail
Why The Sweet Smell Of Tech Success Can Be Rife With Failure
January 19, 2019

In 1946, a few weeks before Christmas, Frank Capra’s Christmastime classic “It’s a Wonderful Life” was released in theaters. 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...

Retail
The Payments And Commerce Game Of The Super Bowl
January 18, 2019

For certain sports fans, it’s one of best times of the year, a weeks-long period of anticipation, anxiety and hope. That’s because after a long fall, and after enduring what winter has thrown at us so far, the big day is approaching — Major League Baseball...

Banking
Lloyds Banking Group Reports Faster Payments Outage
January 18, 2019

Lloyds Banking Group, which includes Bank of Scotland, Halifax and Lloyds, has suffered a faster payments glitch that affects customers’ ability to get money, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Goldman-Backed Vietnam Mobile Wallet Momo Snaps Up New Funds
January 18, 2019

Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...