News

B2B Payments
Virtual Cards See Opportunity In Freelancers, Open Banking
December 20, 2018

Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. With innovations introducing virtual card technology and data analytics into the fold, the commercial card space is positioning itself to address some of the emerging...

B2B Payments
gpi Makes SWIFT Cross-Border Gains
December 20, 2018

SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments, and Square circles a banking license, again.

B2B Payments
Nordea Launches Open Banking Tool For Corporate Clients
December 20, 2018

Nordic financial services firm Nordea is introducing a new solution to provide corporates with a streamlined financial reporting solution powered by Open Banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
US Shoppers To Spend $26B On Dec. 22
December 20, 2018

Data shows that this coming Saturday — December 22 — is poised to be the biggest shopping day of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Inside Clearbanc’s ‘Alt VC’ Model For eCommerce Startups
December 20, 2018

Capital tied to equity can be expensive, time-consuming and sometimes deflating. Funding negotiations and deals are complex. A business might end up trading chunks of itself to fund day-to-day marketing. Outsiders join the board and often end up gaining total or near-total control of the...

B2B Payments
Corcentric On Myth-Busting Electronic B2B Payments Adoption
December 20, 2018

The payments industry has been talking about the digitization of B2B transactions for years, maybe decades, with not much of a nudge of that needle. While a stubborn reluctance among businesses to let go of manual processes in accounts payable and accounts receivable continues to...

Banking
Square Takes Another Shot At A Banking License
December 19, 2018

San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Global Economic Uncertainty May Affect Final Lap Of US Holiday Shopping Season
December 19, 2018

Even though it’s off to a strong start, troubles in Europe and a global consumer slowdown could adversely affect the final stretch of the holiday shopping season, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart Wants To Deliver Food Directly Into Your Fridge
December 19, 2018

In an interview with CNBC, Marc Lore, president and CEO of Walmart’s U.S. eCommerce business, laid out what he saw as the future of food delivery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...