News

B2B Payments
Signing Off, With An Eye On B2B Process
January 09, 2017

Supply chain management can see friction across several points, from sourcing to end contracts. That just won’t do when time and money and government compliance converge. Digital tracking and eSignatures can help salve those friction points, according to eSignLive President Tommy Petrogiannis and ASC Networks VP of...

Partnerships / Acquisitions
Bain, Advent Near Deal To Buy Concardis
January 09, 2017

Bain Capital and Advent, the two private equity firms, are close to inking a deal to acquire Concardis, a German payment group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Amazon One Of 7 Picked For Online Food Stamp Pilot
January 09, 2017

The U.S. food stamp program seems set for a digital upgrade. The Department of Agriculture is launching a pilot program that would enable Americans that participate in the Supplemental Nutrition Assistance Program (SNAP) — AKA food stamps — to use them to buy groceries online. To this point, using...

Otto Robotics To Automate Food Delivery
January 09, 2017

Through a private equity offering, Redmond, WA-based engineering startup Otto Robotics has raised $1.5 million, according to a Securities and Exchange Commission filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Password Theft Fuels ATM Fraud
January 09, 2017

Financial institutions are rolling out cardless ATM transactions in which customers can use their mobile phones to withdraw money, but Krebs on Security found that that feature can be hacked, with the bad guys quickly and quietly taking stolen bank account usernames and passwords and getting...

B2B Payments
Ricoh, Built On Paper, Cultivates A Digital Presence In B2B Payments
January 09, 2017

Like other corporations in its field, Ricoh made a name for itself over the decades helping corporations manage the mounds of paperwork they produce and manage. For Ricoh, that meant developing printers, copiers and, later, scanners to digitize some of those documents. Get the Full Story...

B2B Payments
PayPool Jumps Into B2B Payments Waters
January 09, 2017

The B2B payments space has just grown, thanks to the new presence of PayPool. The U.S. company, founded just last year, made an announcement Friday (Jan. 6) that it has officially begun services with the launch of its bulk payment and distribution service. Get the...

B2B Payments
Strategic Funding, Capify Merge SME Financing Efforts
January 09, 2017

Two alternative SME lenders are joining forces. Strategic Funding Source announced Thursday (Jan. 5) that it is integrating the solutions of Capify’s own small business financing operation — a move that, while not officially considered a merger, will see a merging of the two companies...

B2B Payments
SME Employment Enters 2017 With Promise
January 09, 2017

The latest data before the start of the new year on small business employment levels offers an optimistic take. 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...