News

B2B Payments
How Open Banking Opens Doors For Alternative SMB Lenders
December 17, 2018

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance. Get the Full Story Complete the form to unlock this article...

B2B Payments
ACH Shows Signs Of B2B Payments Dominance
December 17, 2018

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. In an announcement on Thursday (Dec. 13), Bill.com said in its report, “The Rise of Modern Business Payments,” that accounting professionals now point to ACH payments as the dominant way...

B2B Payments
Kodak Automates Invoice Processing For Accounts Payable
December 17, 2018

Kodak continues to enhance its business services offerings, most recently with the announcement Friday (Dec. 14) that it is introducing an invoice automation feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of pounds. As firms close their doors for a break over the Christmas holiday season, the ripple effects of payment terms that...

B2B Payments
Western Union, JD Digits Eye Biz Payments With X-Border Partnership
December 17, 2018

Western Union has announced a partnership with Chinese digital payments company JD Digits, which will advance digital cross-border money movement and payments in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
EMVCo Updates Protocol To Prevent CNP Fraud
December 17, 2018

EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions,  announced late last week that it published the EMV 3-D Secure Protocol and Core Functions Specification v2.2.0. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Olympic Store Debuts On Tmall
December 17, 2018

The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on China’s Tmall. 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...

Payments Innovation
Gusto CEO: Why Bimonthly Payroll Is Stuck In The Dot-Matrix Era
December 17, 2018

The typewriter had a good run. It ruled the roost as far as corporate word processing went for well over 100 years before the computer-based word processing showed up in the mid-1970s to replace it, though those scrappy little typewriters hung on for a while...

Payment Methods
TSYS On Canadians’ Lingering Love For Credit Cards
December 17, 2018

In Canada, credit cards hold sway, the preferred method of payment across any number of settings. Here’s why paying with credit has been a long-term trend that looks set to continue, according to John Dale Hester, senior vice president of relationship management at TSYS, and...