News

Retail
Marriott Takes On Airbnb
April 29, 2019

To compete with Airbnb along with other homesharing companies, Marriott International is reportedly starting a business for home shares. Unnamed sources claim the firm could soon debut details for the first phase of the plan, The Wall Street Journal reported. It was also reported that...

Payments Innovation
Why Hostelz.com Stopped Accepting Payments
April 29, 2019

The hostel industry has rapidly grown since the first one opened in Altena, Germany in 1912. The market now serves millions of international travelers and is worth $5.5 billion. Dozens of sites and services enable customers to book stays online in their local currencies, making...

Faster Payments
Deep Dive: Making Instant Payment Schemes Universal And Interoperable
April 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Freight Firm Celadon Settles Accounting Fraud Claims
April 29, 2019

Indianapolis-based freight trucking company Celadon Group has agreed to pay its investors $42.2 million after filing false financial statements and lying to auditors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
SEC Appoints Small Business Capital Committee Members
April 29, 2019

The U.S. Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Ixaris, Banking Circle Streamline X-Border Travel Payments
April 29, 2019

Travel payments optimization company Ixaris announced a new partnership with financial service infrastructure company Banking Circle to streamline cross-border payments for the travel industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
How To Motivate FinServ To Take Action On Cybersecurity
April 29, 2019

To those who understand the importance of cybersecurity, and the monumental risks that growing cyberthreats impose on organizations, safeguarding systems and data may be assumed to go hand in hand with digital transformation. After all, the larger a company’s online and cloud presence, the bigger...

B2B Payments
Magaya Lands Funding For Supply Chain Software
April 29, 2019

LLR Partners has announced an investment in Magaya Corporation, a provider of warehouse, cargo and supply chain management software solutions. 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...

B2B Payments
In Wales, Late Payments’ Ripple Effects Felt In Construction Sector
April 29, 2019

A Welsh construction trade group is advocating for safeguards to get smaller suppliers paid in the wake of a larger firm’s collapse. In New Zealand, a name-and-shame game has taken root to expose late payors or firms that do not deliver goods at all.