News

B2B Payments
Land Gorilla On Pulling Lenders Into The Fold Of Construction Payments Friction
October 16, 2018

Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded supply chain of contractors and subcontractors adding hurdles in the financial supply chain. Those challenges have led to 88 percent of contractors having...

B2B Payments
Trade Disputes Create Supply Chain Risks — And Opportunity
October 16, 2018

Global vendors in the supply chain are seeing pressure from multiple sides as a result of ongoing trade disputes and renegotiations. While the effects of that pressure have forced suppliers to examine new ways of conducting business, experts warn that some of their tactics are...

Global Payments
PPRO: US Merchants Behind In X-Border eCommerce
October 16, 2018

PPRO Group, the global cross-border ePayment company, along with Edgar, Dunn & Company, announced on Tuesday (Oct. 16) that new data shows U.S. merchants are lagging behind other countries when it comes to cross-border eCommerce. Get the Full Story Complete the form to unlock this...

Payments Innovation
Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance
October 16, 2018

Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice payments. AP spend management via credit cards becomes economically attractive for both buyers and sellers,...

Cross-border Payments
Mastercard, Visa, Amex Face Penalties For Violating India Data Law
October 16, 2018

Major U.S. payments companies are facing fines for violating a data law in India. 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 newsletter, PYMNTS...

Retail
NEW DATA: Why Two-Thirds Of Small Merchants Struggle To Innovate
October 16, 2018

Small and medium-sized businesses (SMBs) must possess a long list of attributes if they want to stay competitive in today’s day and age. To maintain their competitive edge, they must offer omnichannel features and innovative payment methods, among a host of other factors. That said,...

News
Five At Five: Apple Slumps In China
October 15, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a new smartphone forecast and Alexa’s ambition to become a nurse. American Express has a new dispute partnership, retail sales are sluggish and the curtain is closing...

B2B Payments
Virgin Money Buyout By CYBG Receives All-Clear
October 15, 2018

A court hearing late last week gave the all-clear for CYBG to complete its acquisition of Virgin Money for $2.24 billion, finalizing one of the largest bank mergers since the financial crisis, according to reports in Independent.ie on Monday (Oct. 15). Get the Full Story...

B2B Payments
Mastercard Rounds Out SMB Services In India With Zoho
October 15, 2018

Small business (SMB) cloud solutions provider Zoho is reportedly teaming up with Mastercard in India to provide holistic accounts receivable solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...