News

Retail
Drizly Notches $34.5M In Investments
December 12, 2018

In a new round of funding, online alcohol delivery service Drizly reportedly notched $34.5 million in investments per a U.S. Securities and Exchange Commission (SEC) filing. The company has already raised $33 million, according to reports. Get the Full Story Complete the form to unlock this...

B2B Payments
How To Push For eB2B Payments When Vendors Don’t Want Them
December 12, 2018

In the constant fight against paper, service providers have been tackling the paper check in B2B payments for several years, with minimal success. There is evidence that change is happening, though, albeit slowly. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Amex Touts Success In Ripple Cross-Border Payments Pilot
December 12, 2018

In a renewed show of support for blockchain technology, American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success. Reports in Invest In Blockchain on Tuesday (Dec. 11) said...

B2B Payments
Corporations Stuck In The Planning Phase Of Supply Chain Digitization
December 12, 2018

The enterprise may understand the importance and value of digitizing their supply chains, but understanding it and executing it are two very different things. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Right Networks Eyes SMB App Connectivity With Propelware Acquisition
December 12, 2018

Small business (SMB) cloud accounting firm Right Networks has announced the acquisition of Propelware in an effort to connect its accounting technology to other areas of the enterprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
OweMe Lands Seed Funding For Blockchain Trade Finance Platform
December 12, 2018

Supply chain financing startup OweMe has landed seed funding from pi Ventures, TechCircle reported on Tuesday (Dec. 11). 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...

B2B Payments
Cred Opens Crypto Corporate Lending Platform To Developers
December 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. 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...

Europe
Macron, French Banks Agree Not To Raise Bank Fees
December 12, 2018

France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit central Paris. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
What’s Behind Plaid’s $2.65B Valuation
December 12, 2018

One in every four consumers in the U.S. has touched this product. Some of them do so when they register their bank account credentials to their Venmo accounts, or set up an investment account with Robinhood, savings account with Acorns or loan repayment details with LendingClub....