News

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US Drafts Sanctions Over Alleged China Cyber Hacking
August 31, 2015

The Obama Administration is reportedly taking a step toward holding China’s companies and individuals who have benefited from their government’s cyber theft accountable with economic sanctions.

Controversial
Could China’s Stock Market Plunge Be Predicted?
August 31, 2015

Looking back at China’s stock market plunge, there’s one question left on analysts’ minds: Were the warning signs there? 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...

Alibaba Eyes Rural China To Grow ECommerce Reach
August 31, 2015

Alibaba has taken plenty of heat from analysts in the past month — particularly after its stock hit a post-IPO all-time low and its quarterly earnings missed expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Australia Names & Shames Government’s Late Payments
August 31, 2015

Government procurement programs can lead the charge to more efficient procurement practices from the public sector to the private one. News from South Australia, however, unveils that the nation’s government procurement practices aren’t quite exemplary, as showcased by a recent name-and-shame campaign by the treasury....

Carlyle Snags Insurance SaaS Buyout
August 31, 2015

Buyout group Carlyle announced its latest acquisition last weekend. The U.S. firm will purchase U.K.-based Software-as-a-Service company Innovation, which provides claim processing services to the insurance industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

When In Financial Doubt, SMEs Google It
August 31, 2015

New research shows where small business owners are turning to when in need of financial help — Google. According to findings from IGF Invoice Finance, about one-third of U.K. small businesses run a quick online search for financial advice or seek out guidance on social...

HP Enterprise Already On The Fritz?
August 31, 2015

Hewlett-Packard’s consumer-facing business is struggling, and analysts suspect that the impending split of HP to form HP Enterprise is likely to fare better on the market thanks to recent successes of its business services and products. But reports late last week revealed that HP Enterprise...

B2B Payments
Global Spotlight: United Kingdom
August 31, 2015

Among the hottest topics in B2B payments in the U.K. today include late payments to small suppliers and the nation’s flourishing alternative lending sector. But last Friday (Aug. 28), the nation caught the world’s attention for a bit of a snafu: HSBC, one of the...

Merchant Innovation
Google Unlocks Its Home Services Market
August 31, 2015

Google is partnering with handymen, electricians, plumbers and other home service providers to match them up with users looking for such services on its search engine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...