News

B2B Payments
SAP Ariba Watches Procurement Find Its Purpose In Global Markets
June 23, 2017

Fresh off the Ariba Live event held in Prague earlier this month, SAP Ariba is taking a fresh dive into the trends driving procurement. The company recently released its Spot Buy solution in Europe, too, through a collaborative partnership with Mercateo. Now, said SAP Ariba GM...

B2B Payments
UBS Execs Join Citi Asia Pacific Corporate Banking Units
June 23, 2017

Two UBS Asia Pacific executives have left the bank to join Citigroup, reports said Thursday (June 22). 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...

B2B Payments
Visa, Validus Use Visa Virtual Card For Singapore SMEs To Pay Invoices
June 23, 2017

Alternative lending platform Validus is deploying Visa virtual card technology to help small and medium-sized enterprises in Singapore with unpaid invoices access working capital, according to an announcement Thursday (June 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
London B2B FinTechs Win Big As Market Preps For Disruption
June 23, 2017

More than $30 million in venture capital stuck around the U.K., the U.S. and Canada, mostly focusing on Series A investments. The U.K., though, is a particularly bright star this week, as more than 60 percent of that funding went to London startups. Preparations for...

Payment Methods
Ant Financial Close To Doubled Its Profit In Fiscal Year 2017
June 23, 2017

Ant Financial, the financial arm of Alibaba specializing in wealth management, nearly doubled its profit during its 2017 fiscal year in part because of its mobile payments feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Social Commerce
Facebook Is Getting More Community-Minded
June 23, 2017

Facebook has decided to modify its mission statement slightly so as to better highlight its support for various types of hobbies, social groups, and social justice organizations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Paytm Is Seeking A License To Create A Money Market Fund
June 23, 2017

Paytm, the leading digital payments company in India, is reportedly looking to obtain a license to create a money market fund in which users can keep their cash and earn interest, reported the Economic Times. Get the Full Story Complete the form to unlock this...

Payment Methods
New WEX Survey Shows Most Have Electronic Payment Solutions In The Works
June 23, 2017

WEX, the provider of corporate payment solutions, announced Thursday (June 22) its unveiling of the results of a third-party survey, which found 72 percent of survey respondents already have an electronics payable initiative in the works. Get the Full Story Complete the form to unlock this...

Banking
BPI And BDO Unibank Assure Senate Panel Compromises Are Under Control
June 23, 2017

BPI and BDO Unibank, two banks in the Philippines, said this week they have addressed issues that resulted in a 26-hour system shutdown at BPI and ATM comprises at BDO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...