News

B2B Payments
B2B Investors Set Sights On Data, AI, Analytics
December 07, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Venture capitalists and equity investors targeted companies that apply big...

B2B Payments
KPMG Debuts SMB Accounting, Tax Platform
December 07, 2018

KPMG is taking further steps into the small business financial services world with a new tax and accounting solution for SMBs, the company announced Thursday (Dec. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
TopTracker Taps Payoneer For Freelancer Payments
December 07, 2018

Employee time-tracking firm TopTracker is collaborating with cross-border business payments company Payoneer to enable employers to pay their freelance workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
UK Watchdog’s Tesco Accounting Fraud Case Collapses
December 07, 2018

The case against two former Tesco directors initiated by U.K. regulators earlier this year has collapsed after a judge dismissed the case due to lack of evidence, reports in the BBC said Thursday (Dec. 6). Get the Full Story Complete the form to unlock this...

Global Payments
Wirecard Amplifies Wizz Air Collaboration; AIB Taps Into Fitbit Pay In Ireland
December 06, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the expanded collaboration between Germany’s Wirecard and European low-cost airline Wizz Air. In addition, AIB is making Fitbit Pay available to its customers in Ireland, and the UAE’s Beam plans to...

Investments
Cross River Bank Raises $100M
December 06, 2018

Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Walgreens, FedEx Launch Next-Day Rx Delivery
December 06, 2018

Walgreens and FedEx announced Thursday (Dec. 6) the nationwide launch of a next-day prescription delivery service, bringing together Walgreens’ network of neighborhood pharmacies with the FedEx air and ground delivery network to provide a convenient way for patients to fill prescriptions. Get the Full Story Complete the...

Retail
Retailers Ask The Fed For Real-Time Payments
December 06, 2018

Target and Walmart, among other companies, are asking the Fed to create a way for interbank transfers to be settled in real time, 24/7, in an effort to get paid in real time. The system may eventually shorten the lag time between when a shopper...

Retail
How Subscriptions May Propel Atmospheric App Store Growth
December 06, 2018

“There’s an app for that,” the old digital adage goes, and shoppers seem to be taking note: Consumers’ spend in app stores is poised to top $122 billion next year per a recent App Annie report, or two times the global box office market size....