News

B2B Payments
W Virginia Withholds Payment To Tax Delinquent Vendors
May 06, 2019

The West Virginia State Auditor’s office has announced a new tax program aimed at vendors who owe the state money. 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
EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
May 06, 2019

As European Union (EU) authorities continue to combat interchange fees charged by credit card companies Visa and Mastercard, some are now calling on such regulatory action to apply to corporate and commercial cards as well. Get the Full Story Complete the form to unlock this...

B2B Payments
The UK’s Prompt Payment Code Sees Laggards
May 06, 2019

In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seems to be hitting some speed bumps. In Scotland, a trade group urges the protection of funds slated to pay contractors. In Illinois, legislation aims to pay suppliers on capital...

B2B Payments
How Contractor Risk Analysis Shifts To Look Ahead
May 06, 2019

On a global scale, supply chain risk for large conglomerates can often be about regulatory compliance, contract negotiations and even addressing threats based on weather patterns and natural disasters. However, in areas like construction, supply chain risk mitigation is typically examined at a more micro...

B2B Payments
Santander Adds Trade Finance To SMB Mobile App Asto
May 06, 2019

Asto, the U.K.-based mobile app that provides small businesses (SMBs) and entrepreneurs with bookkeeping solutions, is adding trade finance to its list of offerings. Owned by Spanish banking conglomerate Santander, Asto will integrate invoice financing into its platform, reports said on Friday (May 3). Reports noted...

Payments Innovation
Will Facebook’s Crypto Payments Rails Get A Big Like?
May 06, 2019

The news last Friday that Facebook has plans to launch its own global crypto-based payments rails is déjà vu all over again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Faster Payments
Is Real-Time Payments A Threat To Credit Cards?
May 06, 2019

Faster, faster, faster — that’s the motto driving so much of payments innovation today. Real-time payments offers promise for both small and medium-sized businesses (SMBs) and consumers. That holds especially true for the Asia-Pacific region, as InstaReM CEO and Co-Founder Prajit Nanu discussed with Karen Webster in...

Ridesharing
NY Uber Drivers To Strike Ahead Of IPO
May 05, 2019

Shortly ahead of Uber’s initial public offering, drivers of the company in New York plan on going on strike. 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
When QSRs Think Really Outside The Box In The Innovation Race
May 04, 2019

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in...