News

B2B Payments
KPMG To Shutter UK Small Business Accounting Unit
February 08, 2019

Corporate accounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
When Passwords Become Corporates’ Own Worst Enemy
February 08, 2019

Cyberattacks are a massive problem for organizations today, and the threat is only growing larger. IBM data said the average cost of a data breach is $3.86 million, with U.S. companies experiencing an even higher average of $7.91 million. Get the Full Story Complete the...

B2B Payments
B2B FinTech Firms Brace For Growth With New VC
February 08, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. Get the Full Story Complete...

B2B Payments
Validis Automates Data Collection For Invoice Financiers
February 08, 2019

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Funding Options, Caxton FX Pair Up On Multi-Currency SMB Card
February 08, 2019

U.K. marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Revolut Runs Into Trouble With Ad That Highlights Transactions
February 08, 2019

Revolut, the U.K. FinTech that has been growing at a rapid pace, was forced to acknowledge it made up stats for a recent advertising campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Postmates Files For IPO
February 08, 2019

Postmates has confirmed that it has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
IBM Puts $2B In NY AI Research Center
February 08, 2019

IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout New York State. Get the Full Story Complete the form to unlock this article and...

Investments
Car Tech Startup Aurora Snags $530M From Amazon, Others
February 07, 2019

Aurora, a self-driving car technology company, has raised upwards of $530 million in a series B financing round led by Sequoia Capital, with a large investment from Amazon and T. Rowe Price Associates, according to reports. Get the Full Story Complete the form to unlock...