News

B2B Payments
AI Leads More Than $1B In Funding For B2B Startups
May 10, 2019

The B2B venture capital (VC) train continues full steam ahead after last week’s lucrative deals. This week, investors placed more than $1 billion in B2B startups, with the largest round landing at a Chinese artificial intelligence (AI) player. Other top deals focused on the corporate...

B2B Payments
Accounts Receivable Evolves, Tackles Digital Advertising’s Biggest Challenges
May 10, 2019

More than 1 million people canceled their television cable subscriptions in the first quarter of 2019 alone, and not because they aren’t consuming TV media and entertainment. In the shift to online streaming, cable companies aren’t the only players facing massive disruption: This change has...

B2B Payments
US Bank, Chrome River Develop T&E Mobile App
May 10, 2019

U.S. Bank and corporate travel and expense management solution provider Chrome River announced a collaboration Thursday (May 9) that addresses the friction in reporting travel expenses for infrequent business travelers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Wolters Kluwer Cyberattack Spreads ‘Quiet Panic’ Through Industry
May 10, 2019

A malware attack at accounting software company Wolters Kluwer wreaked havoc on the firm this week, as reports stated the cyber event has spread “quiet panic” throughout the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Is Digital The Best Defense Against Trade Finance Fraud?
May 10, 2019

There are trillions of dollars at stake when it comes to trade finance fraud, and a senior OCBC Bank MD urges firms to go digital to stop fake documentation. Elsewhere, Kraft Heinz finds several varieties of procurement fraud.

B2B Payments
SEC Votes To Ease Audit Mandates For Small Public Firms
May 10, 2019

The U.S. Securities and Exchange Commission voted Thursday (May 9) to ease requirements for smaller public companies to be audited by external firms, reports in The Wall Street Journal said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Fed Seeks Comment On New Operating Hours For Fedwire Funds
May 10, 2019

The Federal Reserve has released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service, as well as feedback on a possible new posting time for transactions, and an increased daylight overdraft fee. Get the Full Story Complete the...

Ridesharing
Uber Partners With Yulu For eBike Trial In India
May 10, 2019

Uber announced that it is partnering with leading technology-driven mobility platform Yulu to provide users with the option to ride eBikes and bicycles in Bengaluru, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
New Debit Rules And The Promise Of Seamless Payments
May 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. That implies an ease of use while giving up nothing when it comes to security. Getting there is a long road with...