News

B2B Payments
Gig Economy Money Laundering Shows Corporates’ KYC, AML Struggles
February 13, 2019

Payments messaging firm SWIFT announced on Tuesday (Feb. 12) that it will now allow corporates to join its KYC Registry in an effort to facilitate the sharing of data between companies and their banks. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Worldpay, Sage Team Up For Corporate Card Payments
February 13, 2019

Payment processing company Worldpay and enterprise software firm Sage Group are teaming up to expand corporate card payment capabilities for joint business clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Reckon Shifts Strategy In MYOB, Xero Rivalry
February 13, 2019

Australian small business accounting company Reckon is shifting its competitive strategy against the industry’s top leaders, MYOB and Xero, reports in the Australian Financial Review said Tuesday (Feb. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Oracle Boosts Blockchain Efforts
February 13, 2019

Tech giants such as Oracle and IBM are expanding their features and scope of blockchain projects, with an eye on financial and logistics capabilities. Elsewhere, social media firms such as Facebook are scaling hiring efforts in the blockchain as cryptocurrency prices crash.

B2B Payments
Goldman Sachs Goes After The Middle Market
February 13, 2019

Goldman Sachs is planning to ramp up its presence among middle-market corporates, according to its Chief Executive Officer David Solomon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Ikea Dubbed The Amazon Of Furniture
February 13, 2019

Ikea, the furniture retailer, is reportedly looking at launching an online site that sells its own products as well as furniture from competitors. According to a report in The Financial Times citing Torbjörn Lööf, chief executive of Inter Ikea, the retailer is finishing up the details...

Omnicommerce
Bringing Contextual Commerce To The TV Screen
February 13, 2019

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...

Partnerships / Acquisitions
College Payments Co UMB Blackboard Transact Could Sell For $720M
February 13, 2019

Providence Equity Partners is reportedly looking at takeover offers for UMB Blackboard Transact, a campus-focused payments company that could sell for around $720 million. According to Bloomberg, Blackboard Transact is a unit of UMB Blackboard Inc., an education software company that has been struggling with...

Alternative Finances
How To See The Customer ‘Beyond The Credit Score’
February 13, 2019

“What’s in a name? That which we call a rose by any other name would smell as sweet.” -William Shakespeare, Romeo & Juliet Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...