News

B2B Payments
Payments Firms Remain Strong On The Street, At WEX And Elsewhere
April 28, 2016

Look beyond Apple. There are other earnings to be parsed in the tech sector, and in corporate payments, expense and fleet management and beyond, the trends are positive ones.

EMV
Smart Payment Card Shipments Up 34 Percent
April 28, 2016

The shift to EMV in the U.S. is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
The CFPB Sets Its Sights On Marketplace Lending
April 28, 2016

The CFPB has its eye on the biggest marketplace lenders in the U.S., and it is leaning toward bringing those online businesses under its supervision within the next year or so. That transition would see this class of lenders facing — for the first time...

Alternative Finances
Affirm Buys Personal Finance App Sweep
April 28, 2016

Affirm announced its acquisition of an app-based personal finance tool called Sweep on Wednesday (April 27). 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...

Shopify Enters The Merchant Cash Advance Business
April 28, 2016

Cloud-based omnichannel player Shopify, which is geared toward small and mid-sized businesses, has announced the debut of Shopify Capital, which is billed as a merchant cash advance (MCA) platform for helping business owners grow their operations through reinvestment activities. Get the Full Story Complete the...

Mobile Payments
PayPal’s ‘Best Quarter Ever’
April 28, 2016

It was a good day to be PayPal yesterday (April 27), as the firm announced that total payment volume is up 29 percent from a year ago to $81 billion — outdrawing analyst expectations of $79 billion for Q1. Revenue was up 19 percent to...

ZipBooks SME Funding Lands On The iPhone
April 28, 2016

ZipBooks, which provides small and medium-sized businesses with invoice financing tools and accounting software, is going mobile. The company announced on Wednesday (April 27) that its free iPhone app is now live, providing small business owners with a mobile version of that accounting and factoring service. Get...

Chinese Corporate Payment Delays Weighing Economy Down
April 28, 2016

China’s slowing economy is marred by more than just a slumped yuan. Recent analysis emerged showing that the nation’s biggest banks have been hit with some of the highest levels of nonperforming corporate loans in years, and according to reports on Wednesday (April 27), bad...

B2B Payments
Citi Ventures Bumps Factoring Startup BlueVine
April 28, 2016

Invoice financing company BlueVine just secured financing from Citi Ventures, reports released Wednesday (April 27) said. 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...