News

B2B Payments
How Payroll Partakes In The Back-Office API Ecosystem
March 18, 2019

An application programming interface (API) ecosystem isn’t only for the banking sector. Increasingly, the corporate back office has embraced API connectivity to achieve seamless data integration across various financial platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
City Of London Group Announces £15.2M In Funding
March 18, 2019

City of London Group (COLG) announced that it has raised £15.2 million (just over $20 million USD) in new funding, which will be used to launch a bank that focuses on small and medium businesses (SMBs). Get the Full Story Complete the form to unlock...

B2B Payments
Report Finds CEO Pay Rises After Data Breach
March 18, 2019

A new research report from Warwick Business School at the University of Warwick has found evidence that corporate cyberattacks lead to higher profits for chief executive (CEOs) officers at those firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
PunchOut2Go Launches New Extensions For Magento Marketplace
March 18, 2019

PunchOut2Go has announced the launch of its new PunchOut for Magento Marketplace extensions for Magento 1 and Magento 2. The company specializes in technology solutions that connect B2B Commerce and spend management procurement applications, including SAP Ariba, Coupa, Jaggaer, Oracle and more. Get the Full Story...

B2B Payments
PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
March 18, 2019

According to Reuters, in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting fraud at South African retailer Steinhoff. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
State Banking Regs Back CA Data Privacy Plan
March 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. In a Friday (March 15) letter to the committee, addressed to...

Retail
Investors Predict Retail Slowdown In US
March 18, 2019

Weaker-than-expected holiday spending has led to concerns that it’s the start of a retail slowdown, leading Wall Street to slash profit estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
FIS Buys Worldpay In $35B Cash, Stock Deal
March 18, 2019

Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce and payments company, in a roughly $35 billion dollar deal. In a press release, FIS said the deal expands its capabilities by enhancing...

IPO
Lyft Aims For As Much As $23B Valuation
March 18, 2019

Lyft is set to launch the investor road show for its initial public offering on Monday (March 18) in which it’s aiming to get a valuation of between $21 billion and $23 billion. Get the Full Story Complete the form to unlock this article and...