In total, B2B venture capitalists placed (or announced plans to place) $85 million in funding to businesses, with startups in the U.S., Asia and the Middle East taking the lead this week. It was a mixed bag of funding, with a few startups working in...
Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
New research suggests the upcoming General Data Protection Regulation (GDPR) could threaten small businesses in the U.K. if they find themselves out of compliance with the data protection rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial services application program interface (API) platform FI.SPAN is collaborating with B2B payments company Beanworks to create a corporate payments hub, the companies announced Thursday (Dec. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Talk is growing of the potential for virtual card technology to address several key points of friction in business payments, especially in corporate travel. That’s because business travel is often booked online in card-not-present scenarios, which demand heightened security; proponents of virtual cards and their...
The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook for tens of millions of dollars over mortgage lending abuse, reported Reuters. Get the Full Story Complete the form to...
Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth, bringing its total amount raised to $220 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Ofo, the Chinese bicycle sharing company, has raised $1 billion or more from Alibaba, the Chinese eCommerce giant, and other investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
LendingClub, the online lender, saw its stock tank Thursday (Dec. 7) after raising its loss estimate and slashing its revenue forecast for the current fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
