Small businesses (SMBs) and their accountants are facing some uncertainties this tax season, with a lack of clarity on new tax laws presenting a challenge for firms seeking an exemption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Elavon, a subsidiary of U.S. Bancorp (U.S. Bank), has acquired B2B payments software company CenPOS, the firms revealed on Thursday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PitchBook and the National Venture Capital Association (NVCA) released startling data on Thursday (Jan. 10) about the growth of venture capital (VC): Investors deployed almost $131 billion in 2018 across nearly 9,000 deals, with record-breaking investment rounds and new highs in startup valuations grabbing the attention...
The value of debt held by U.S. corporations is now growing faster than the economy, and businesses are struggling to make their interest payments, according to a new report from the Institute of International Finance (IIF). Get the Full Story Complete the form to unlock...
B2B payments always seems to be a step or two behind B2C payments innovation, on several fronts. It’s often struggling to make progress, weighed down by paper documents, slow payment times and a lack of digitization — and this has led many B2B payments innovators...
Amazon Web Services (AWS) and spend management solutions provider Coupa are expanding their existing partnership to provide businesses with greater visibility into and management of IT spend, the firms said in a press release issued on Thursday (Jan. 10). Get the Full Story Complete the...
Sen. Elizabeth Warren, D-Mass., has asked the Treasury Department to boost fraud protection in the Direct Express prepaid program after hundreds of federal benefits recipients were victims of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A Massachusetts man has been sentenced to more than 10 years in prison for a cyberattack that disrupted Boston Children’s Hospital‘s network for two weeks. Reuters reported that 34-year-old Martin Gottesfeld carried out the attack for hacking activist group Anonymous, which was protesting a custody case involving a...
SenseTime, the most valuable artificial intelligence (AI) startup in the world, is getting ready for a financing round that could amount to $2 billion, according to Bloomberg. The firm, which already has huge global investment partners like the Alibaba Group, is currently working with advisors...
