News

B2B Payments
BP Mobile Fuel Payments App Connects To Fleet Cards
July 24, 2018

BP is rolling out enhancements to its fuel payment app in the U.K., linking the platform to fleet cards, according to reports in FleetPoint. Reports on Monday (July 23) said the BPme app, launched as part of BP’s “Pay For Fuel” program, is the U.K.’s...

B2B Payments
State Supreme Court Revives NY Payroll Card Regulation Efforts
July 24, 2018

New York’s years-long payroll card regulation saga took an unexpected turn recently when the New York State Supreme Court annulled a previous appellate court ruling, reviving efforts to introduce stricter payroll card rules. Reports in The National Law Review on Monday (July 23) said the New...

B2B Payments
Tesla Wants Money Back From Suppliers To Turn A Profit
July 24, 2018

Automaker Tesla Inc. is reportedly seeking partial refunds from suppliers it’s already paid in an effort to become profitable more quickly, according to reports in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Google Says Employee Security Key Program A Success Against Phishing
July 24, 2018

Google has claimed a success in its fight against employee phishing scams, telling reporters that none of its more than 85,000 employees have fallen victim to such a scam since the company deployed its Security Keys program. Reports in Krebs on Security on Monday (July...

B2B Payments
Finance Execs Find Digital Transformation Harder Than They Thought
July 24, 2018

The story of the enterprise’s digital transformation is long and winding, as executives struggle to overcome budget restrictions, integration hiccups and a lack of willingness for change from the higher-ups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
After Adoption, Consolidation Of Payments Tech The Next Hurdle For Treasurers
July 24, 2018

When it comes to digital transformation, investment in shiny new gadgets is not enough. New tools have to integrate into existing systems and communicate with each other for performance improvements to reach their new potential. Get the Full Story Complete the form to unlock this...

Visa: Cost Of Digital Acceptance 57 Pct Less Than Cost Of Cash Acceptance For SMBs
July 24, 2018

It’s a striking difference: A new Visa study has found that digital accounts for 38 percent of consumer retail purchases, but when it comes to small- and medium-sized businesses (SMBs), only 15 percent of their sales are conducted via eCommerce. That signals opportunity for smart, nimble...

IPO
Sonos IPO To Reach $264M
July 24, 2018

Wireless speaker pioneer Sonos Inc. plans to raise as much as $264.1 million in its upcoming initial public offering. 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...

Investments
Alibaba Backs Chinese Face ID Firm Megvii
July 24, 2018

Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...