News

B2B Payments
Despite Carillion, Some Say No To Late Payments Legislation In UK
August 13, 2018

Amid the continued fallout of Carillion, let the market move construction firms to pay in ways more timely, says one prominent construction executive in the UK.  Elsewhere, WEX finds the paper chase a key part of inefficient payment terms in the US and abroad.

B2B Payments
In A Seller’s Market, Entrepreneurs Find Opportunity In M&A
August 13, 2018

As small businesses embrace a strengthening economy, there is another reason for entrepreneurs to be optimistic: Some advisors say it’s the best M&A market they have ever seen, certainly in recent years, and even small business owners who aren’t yet ready to retire are looking...

B2B Payments
WeChat Tests Blockchain For Automated Employee Expense Management
August 13, 2018

WeChat, an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. Get the Full Story Complete the form to unlock this...

Regulation
FinCEN Eyes Cryptocurrency Amid 1,500 Monthly Complaints
August 13, 2018

1,500 complaints about suspicious activity per month. 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...

B2B Payments
Bottomline Reports 20 Percent Growth In Q4
August 13, 2018

Business payments company Bottomline Technologies reported financial results for the fourth quarter, as its fiscal year ended June 30. The results showed subscription and transaction revenues — primarily related to the company’s cloud platforms — at $71.1 million for the fourth quarter, a 20 percent increase compared to the...

B2B Payments
Economists Warn Of Impending Corporate Debt Bubble Burst
August 13, 2018

Data released from S&P Global in June pinpointed U.S. corporate debt at reaching $6.3 trillion, with a record-low cash-to-debt ratio of 12 percent in 2017 for speculative-grade borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
PeopleScout Launches Enhanced Supplier Management Program
August 13, 2018

PeopleScout, a workforce solutions company, announced that it has officially launched its enhanced supplier management program, the PeopleScout Supplier Network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
Payments’ Stranger Things
August 13, 2018

The payments world could very well be living in the Upside Down. 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...

CFPB
CFPB Settles With Payday Lender Over Scam Fees
August 13, 2018

The Consumer Financial Protection Bureau announced Friday (August 10) that it entered into a settlement agreement with Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled by the two regarding payday loans. Get the Full Story Complete the form to unlock this article...