Finxact announced that it has raised $30 million in equity financing, with participation from new and existing investors. 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...
Cross-border corporate payments and supply chain management company Tradeshift says Brexit is to blame for a plummeting of business-to-business transactions, reports said late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the past, procurement teams have had to fight to prove their operations are more than a cost center for their businesses. Digitization and automation have enabled the procurement function to evolve into one that can provide valuable insight into company spend, business relationships and...
Xero has started an online petition to convince The Oxford English Dictionary to change its “archaic” definition of the word “accountant.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Corporates are quickly embracing the cloud and Software-as-a-Service (SaaS), leading to fierce competition between some of the largest enterprise cloud service providers on the market today. But a new report from Kentik, a network analytics firm, says corporates actually tend to use cloud services from...
In November 2018, Mobeewave announced that it had closed a big Series B round. Led by NewAlpha Asset Management, Mastercard and Forestay Capital, the $16.5 million round was described by Benjamin du Haÿs, co-CEO and co-founder of Mobeewave, as “a major market validation of our payment acceptance platform.”...
PSD2 requires every player in the EU that handles payments to make adjustments to ensure faster and more transparent transactions. The regulation opens customer data to third-party providers — as opposed to granting banks the right to silo and share it at will — and...
The $318 billion European travel market is grappling with the changes PSD2 is bringing to how payments are made and processed within the EU, but its impact goes far beyond payments. PSD2 mandates stronger requirements for fraud and customer authentication, which is putting pressure on...
Barring any reprieve, Feb. 1 marks a sea change for India’s eCommerce sector. New rules may hobble giants like Amazon and Flipkart from offering discounts or investing in nascent marketplaces. Here’s why economic nationalism may trigger ripple effects no one will want.
