News

B2B Payments
Tight Job Market Continues SMB Squeeze: Paychex
March 07, 2019

Small businesses continue to struggle amid a tight labor market in the U.S., according to payroll and human resource management solution provider Paychex. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Hitachi Capital America Lands Trade Finance Takeover
March 07, 2019

Hitachi Capital America, Hitachi’s U.S.-based corporate finance operation, is broadening its position in the trade finance landscape through an acquisition of Global Technology Finance, which provides supply chain finance to value-added resellers targeting the technology sector, according to reports in Asset Finance International. Get the Full...

B2B Payments
Inova Payroll Targets Hospitality With API Integration
March 07, 2019

Payroll solutions provider Inova Payroll has debuted an application programming interface (API) integration with M3, an accounting and human capital management (HCM) platform developed for the hospitality industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
FBI Probe, Oracle Suit Eye Amazon’s Government Procurement Role
March 07, 2019

The Federal Bureau of Investigation (FBI) has launched a preliminary investigation into Amazon‘s work with the U.S. Department of Defense (DoD), shining a spotlight on the challenges technology companies face as governments procure products and services to digitize their own operations. Get the Full Story...

B2B Payments
Crypto Goes After Intercompany B2B Payments
March 07, 2019

Corporate payments are still not a guaranteed use case for cryptocurrencies. While some analysts say crypto is a viable technology to address the friction of cross-border transactions in particular — pointing to the lack of transparency and speed in the traditional correspondent banking system —...

B2B Payments
Barclays Sells Off Corporate, Payroll Prepaid Portfolio
March 07, 2019

Barclays has divested its portfolio of physical prepaid cards in the U.K., selling the assets to Prepaid Financial Services (PFS), PFS said in a press release Wednesday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Ant Financial Launches Banking As A Service Platform
March 07, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Federal Reserve Eases Some Regulations On Financial Institutions
March 07, 2019

The Federal Reserve has decided to relax some of the rules imposed on financial institutions (FIs) during the Obama administration, with a trio of changes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
What ATMs And Open Source Have To Do With Payments Innovation
March 07, 2019

It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. Get the Full Story Complete...