News

B2B Payments
Finance Execs Find Digital Transformation Harder Than They Thought
July 24, 2018

The story of the enterprise’s digital transformation is long and winding, as executives struggle to overcome budget restrictions, integration hiccups and a lack of willingness for change from the higher-ups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
After Adoption, Consolidation Of Payments Tech The Next Hurdle For Treasurers
July 24, 2018

When it comes to digital transformation, investment in shiny new gadgets is not enough. New tools have to integrate into existing systems and communicate with each other for performance improvements to reach their new potential. Get the Full Story Complete the form to unlock this...

IPO
Sonos IPO To Reach $264M
July 24, 2018

Wireless speaker pioneer Sonos Inc. plans to raise as much as $264.1 million in its upcoming initial public offering. 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...

Investments
Alibaba Backs Chinese Face ID Firm Megvii
July 24, 2018

Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Europe
Revamped UK Payment System Embraces Blockchain
July 24, 2018

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). According to Reuters, the new plans will see the payments system, that supports British banking and trading, boost its defenses against cyberattacks by 2020, as...

Retail
NEW DATA: For 57.4 Percent Of Consumers, Savings Drives Mobile Gas App Adoption
July 24, 2018

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

News
Five At Five: Pay U Acquires New Payments Platform
July 23, 2018

Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage includes a new acquisition by online payment firm PayU, European finance ministers pushing for more progress on taxing digital firms and SoftBank planning to launch a new...

Global Payments
BNP Paribas Unveils UK SME Debt Fund; Nanjing Rolls Out $1.5M Blockchain Fund
July 23, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes BNP Paribas Asset Management’s new U.K. debt fund. In addition, a city in China is rolling out a new $1.5 billion blockchain fund, and the U.A.E’s Network International has launched a...

Cross-border Payments
Trade Wars, IP Wars, And Who Wins Between China And US?
July 23, 2018

It’s earnings season, which leads us to mull the fate of companies large and small, and of industries that are global in scope. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...