News

B2B Payments
In Australia, Scrutiny On SMB Loan Limits
December 05, 2016

Australia’s Big Four banks are under questioning — and in some cases, criticism — for the loan limits that some have in place for SMBs in that country. The question remains: How much is enough to keep businesses thriving?

Banking
New Bill Would Throw Out Wells Fargo Arbitration Clause
December 05, 2016

Wells Fargo customers got support from two Democrat lawmakers, who want consumers to be able to sue the bank in court over the fake account scandal rather than go through private arbitration. Get the Full Story Complete the form to unlock this article and enjoy...

International
Chinese Shoppers Spending More Money … In China
December 05, 2016

The wealthy shoppers of China are returning home — to spend, that is. 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, PYMNTS Today....

Payment Methods
WorldRemit Sees Strong Business In Canada
December 05, 2016

WorldRemit, the money transfer app, announced late last week customers in Canada are using the service in droves, sending close to 60,000 transfers each month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Raiffeisen Bank Going High-Tech With Its New ATMs
December 05, 2016

Austria’s Raiffeisen Bank is reportedly gearing its ATMs up for the future, ordering 1,200 new machines from Diebold Nixdorf. 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
Disrupting The AR Department With Machine Learning
December 05, 2016

When a company doesn’t pay a supplier when it’s supposed to, it can be next to impossible to collect that money. Accounts receivable processes were designed to keep the bill collecting organized, but today, with B2B payment terms expanding longer and longer, AR has risen,...

B2B Payments
Checking In On The Small Business Owner
December 05, 2016

The world is preparing to enter into a new year, and small businesses are getting their New Year’s resolutions lists in order. PYMNTS checks up on the health of the small business in the U.S., U.K. and Australia and finds a few spots that could...

Retail
Wayfair: Building For What’s Next In Commerce
December 05, 2016

Selling furniture online isn’t easy work — though the team at Boston-based Wayfair might make it appear otherwise. The firm has just come off another quarterly earnings report with a big jump in revenue — up 52 percent in Q3 — after a year of consistently beating analysts’...

B2B Payments
Timelio Adds New Weight To Aussie AltFin Market
December 05, 2016

Australia’s bourgeoning alternative lending scene saw new investment Friday (Dec. 2) when reports emerged that Timelio raised more than $3.7 million (A$5 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...