News

B2B Payments
Confident SMEs Are Ditching Their Late-Paying Partners
February 24, 2016

Especially in the wake of the financial crisis, businesses saw their wallets tightened. For corporate buyers, that meant stretching out invoice settlement times as long as possible. For suppliers, that meant being forced to accept these payment terms for fear of losing a major client....

B2B Payments
Citi Hits Milestone In Mobile Treasury Management
February 24, 2016

Mobile banking is a must for consumers, but will it take off among corporates? Depending on who you ask, it already has. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Namely Payroll’s Big Payday
February 24, 2016

When it comes to payroll, payday is the most important day. This week, one payroll software company is celebrating thanks to its own payday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Store Front Business Index: Main Street USA, A-OK?
February 24, 2016

The businesses that line the main streets and side streets of our local communities are growing faster than the U.S. GDP – 3.1 percent versus 2.7, according to the latest Store Front Business Index. The 3.4 million businesses we call “Store Fronts” are seeing growth...

Alternative Finances
OnDeck Share Price Plunges With Slowing Growth
February 24, 2016

Share in online lender OnDeck have dropped 20 percent on the announcement that growth this year will be slower than initially forecasted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
FDIC-Backed Institutions Rake In $40.8B In Q4
February 24, 2016

The Federal Deposit Insurance Corp. said on Tuesday (Feb. 23) that commercial banks and savings enterprises that it insures reported net income in the aggregate of $40.8 billion in the last quarter, which was up 11.9 percent from the previous year. Get the Full Story...

Lendio’s Marketplace Posts 1,175 Percent Growth
February 24, 2016

In a sign that small business lending may be well on its way to moving beyond the traditional conduits of big banks and other larger financial players, online platform Lendio, which helps smaller companies find access to capital, reported heady growth for 2015. Get the...

Fintech Investments
Latvia’s Mintos FinTech Startup Grows P2P Loans Marketplace
February 24, 2016

Mintos, a Latvian P2P lending startup, which provides a platform for investors to finance nonbank lender loans, has raised $2.2 million in a seed funding round led by Riga, Latvia-based VC Skillion Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
PayPal One Touch Covers 143 Markets, 18M Consumers
February 24, 2016

PayPal’s online and mobile checkout tool, One Touch, is celebrating some big milestones. 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. By...