News

B2B Payments
Syncing-Up The Fragmented Market Of Corporate-Initiated Payments
May 04, 2018

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Amazon Business Adds Invoicing, Allowing Buyers To Delay Payment
May 04, 2018

Amazon Business is introducing a new invoicing feature that could impose cash flow pressure on sellers, according to AuctionBytes. 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...

B2B Payments
Former NSA Chief Lands Top B2B VC Funds For Cybersecurity Startup
May 04, 2018

This week’s B2B venture capital roundup includes a strong showing from one uncommon market: Brazil. The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. But it was...

Retail
Propel CEO Sees App As Aid to Low-Income Consumers, Beyond The Grocer’s Aisles
May 04, 2018

An app designed to make life easier for food stamp recipients is expanding the commerce-related services it offers to low-income Americans, but a new challenge related to data could hamper the ability of Propel, the company that operates the app, to gather the data upon...

Ridesharing
Elon Musk Plans For 2019 Launch For Tesla Rideshare Program
May 04, 2018

Tesla’s CEO revealed that while technology for the company’s autonomous vehicle ridesharing network will be ready by the end of next year, it’s still unclear as to when the service will actually launch. Get the Full Story Complete the form to unlock this article and...

Retail
Sears Offers Online ‘LEASE IT’ Financing Program
May 04, 2018

Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
IBM Acquires Armanta For Watson Financial Services Portfolio
May 04, 2018

IBM has acquired New Jersey-based FinTech firm Armanta to join its Watson Financial Services portfolio. 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,...

CFPB
PHH Walks Away From High Court Appeal On CFPB Constitutionality
May 04, 2018

PHH Corporation has decided not to appeal a case that questioned the constitutionality of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Latin America
Letting The Air(TM) Out Of Venezuelan Hyperinflation
May 04, 2018

Hyperinflation has driven the Venezuelan Bolivar to near uselessness. How are individuals supposed to save and manage money when their currency is hemorrhaging value? AirTM lets them convert their earnings to a stable currency such as USD via two-sided marketplace. Co-founder Ruben Galindo Steckel explains...