News

B2B Payments
Why Supply Chain Financing Gives Firms A Major Boost
August 14, 2014

Working capital specialist firm REL recently released the results of its 16th annual European Working Capital Survey, and according to the findings, more businesses are integrating supply chain financing (SCF) into their operations. The result is creating a “positive effect on the overall health of supply...

B2B Payments
Cashless Payment Solutions Now Available To Cannabis Dispensaries
August 14, 2014

Mobile technology and full-service payments firm SinglePoint, Inc. finalized an agreement to advertise its cashless payment options on Leafly.com, which is an online cannabis information resource. The move is designed to assist recreational and medicinal cannabis dispensaries, according to a SinglePoint press release. Get the Full...

B2B Payments
AuditFile Nets $3M, Hopes To Improve Task Management Options
August 14, 2014

AuditFile recently raised $3 million in a funding round led by Banneker Ventures, according to a TechCrunch report. AuditFile has cloud-based software that helps CPA firms stay efficient, according to the company website. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Survey: Nearly Half Of In-House Lawyers Use E-Billing Software
August 14, 2014

In-house law departments are willing to embrace technology, according to a recent Thomson Reuters survey. Specifically, 44 percent of respondents said that they are using e-billing software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Venezuela’s State Oil Company Officially Switches Operations To China Citic Bank
August 14, 2014

As of this week, PDVSA, Venezuela’s state-run oil and natural gas company,  has officially moved its accounts from Portugul’s Banco Espirito Santo to China’s Citic Bank, according documents supplied to Reuters, last Friday (August 8).  Going forward, all of PDVSA’s payments on fuel products and...

Alternative Credit
IT Procurement’s Pursuit Of The ‘Long-Term Quick Fix’
August 14, 2014

As procurement teams work more closely with colleagues in IT, using a multi-part analytics architecture can help break purchasing logjams. But effective data analytics also is required. PYMNTS.com takes a look at a recent report that provides some suggestions on how to accomplish the task.

Acquiring
Comdata Acquisition Gives Fleetcor Added Fuel To Grow
August 14, 2014

Perhaps not one of the best kept secrets, but Fleetcor this week made good on the earlier rumors, acquiring fellow B2B fleet card provider Comdata for $3.45 billion. The deal provides Fleetcor four new business segments, including B2B health care and virtual payment card services....

Cybersecurity
Guess Who Plunked Down $150M In Security App, Lookout?
August 14, 2014

Lookout, a San Francisco security app, has just taken in $150 million in new funding in a new round led by T. Rowe Price.  Also joining in the round were Goldman Sachs, Morgan Stanley Investment Management, and Amazon’s Jeff Bezos’ Bezos Expeditions.  Previous investors have...

StartUp Hopes To Crack eCommerce Conversion Problem
August 14, 2014

Online-customer retention start-up Windsor Circle said Tuesday that it has closed $5.25 million in a second round of institutional funding, VentureBeat reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...