News

B2B Payments
Late Payments Continue To Plague Construction, Music Streaming Businesses
June 13, 2018

 It’s no secret that construction firms are hurt by stretched payment terms.  But the price tag is staggering, to the tune of $40 billion. And speaking of tunes, updated news for firms such as PledgeMusic and Tidal show that the rhythm is anything but smooth...

B2B Payments
Tracing Supply Chain Payment Delays Back To Data Bottlenecks
June 13, 2018

In the age of Big Data, global supply chains quickly flocked to analytics solutions that offered predictability and agility in a market swayed by geopolitical shifts, regulatory risks and even the weather. Initially, the enterprise struggled to be able to collect the data they needed,...

B2B Payments
Microsoft, ADP Combine Business Management, HCM Data
June 13, 2018

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile Payments
UK Small, Medium Businesses Embrace App Payments In Store
June 13, 2018

With the U.K. increasingly embracing mobile, a new study by Verifone found that 29 percent of the country’s small and medium businesses now give customers the option to pay using an app in the store. Get the Full Story Complete the form to unlock this...

Payment Methods
Wells Fargo Merchant Services SMB Pricing Not At Parity With Square
June 13, 2018

Wells Fargo Merchant Services has decided to simplify the prices it charges small businesses (SMBs) to accept credit and debit card transactions to compete with startups like Square. According to Bloomberg, the changes are for SMBs that process $100,000 a year or less, getting rid...

Partnerships / Acquisitions
Arm Acquires Steam Technologies As More IoT Devices Get Connected
June 13, 2018

Arm, the semiconductor company, announced on Tuesday (June 12) that it is acquiring Stream Technologies to enable connectivity management of every device, regardless of its location or the network to which it is connected. Get the Full Story Complete the form to unlock this article...

Delivery
Deliveroo To Enable Restaurants To Use Own Riders For Delivery
June 13, 2018

Deliveroo, the U.K. delivery service locked in a cutthroat battle with rival Just Eat, will let restaurants use their riders for orders that are placed through its food app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Adyen Lands $8.36B Valuation Pre-IPO
June 13, 2018

Dutch payment processing firm Adyen raised 947 million euros ($1.1 billion) for its investors in the biggest technology IPO in Europe so far this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Europe
Why An Insurance Startup Is Targeting Foreign Drivers In The UK
June 12, 2018

A startup in the United Kingdom called Marshmallow has raised $1.2 million in seed funding as it tries to use digital technology to lower auto insurance costs for foreign-born drivers there. The new capital comes amid a wider push in Europe to bring more standardization...