News

Retail
In the News: Shopify Capital Reports Positive Q1 Update
June 23, 2017

Funding company Shopify Capital just released details from its Q1 2017 earnings call, which many are speculating will lead to a 25 percent return on investment (ROI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Hacker Tracker: Cyberattacks Come In All Shapes And Sizes
June 23, 2017

You’ve heard about WannaCry, University College London, George Eliot Hospital and Honda shutting down a factory for a day due to malicious software in its system. But for every blockbuster cyberattack, there are thousands that go unnoticed. Here’s what a few people are doing to...

B2B Payments
LexisNexis Teams With Cortera To Add B2B Payment Behavior Data Into Risk Assessment
June 23, 2017

LexisNexis Risk Solution, a data and analytics company that helps loaners assess the risk of small business lending to borrowers, is teaming up with Cortera to add its trade credit analytics capabilities into the mix. Get the Full Story Complete the form to unlock this article...

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...