News

B2B Payments
Fleet Managers Warned Not To Trust MPG Figures
May 27, 2015

For several years now, consumer advocates have warned of the practice by some automakers to inflate their mile-per-gallon stats, found to sometimes be much higher than a car’s actual fuel efficiency. A new report is extending similar warnings, but this time it’s to fleet managers....

‘Winter Is Coming’ For SME Alt-Lending Regulation
May 27, 2015

While the alternative lending industry was largely viewed by regulators and many experts as a niche market, the high-profile IPOs of Lending Club and OnDeck late last year jolted expectations and brought alternative financing players onto the mainstream. Still, regulators have largely decided not to...

B2B Payments
Kenya To Sack Officials Over eProcurement Spat
May 27, 2015

Kenya is not fooling around when it comes to adopting digital procurement strategies within government operations. According to reports released Tuesday (May 26), President Uhuru Kenyatta has given accounting officials in various government ministries until the end of the week to either comply with eProcurement...

B2B Payments
Supply Chain Service HighJump Strikes eCommerce Acquisition
May 27, 2015

Supply chains of today’s businesses are going global, and online commerce has a lot to do with that. The eCommerce revolution has left B2B and B2C retailers with a need or solutions that tackle both their international supply chain management and their online store management....

Another Foreign Alt-Lender Joins Australian Market
May 27, 2015

Australia has been a hot target for alternative lenders as of late. While the nation’s alt-lending startup Kikka is pioneering domestic players in the market thanks to a partnership with Kabbage, U.S. player OnDeck has chosen the country as its first market outside of North...

B2B Payments
Alipay Rivals Get Creative With SME Finance
May 27, 2015

Alibaba is a force to be reckoned with, and its payment service provider Alipay is no exception. The leading Chinese company, along with its top rival Tenpay, are giving other payment service providers a run for their money. Get the Full Story Complete the form...

FORMER MASTERCARD EXEC TO LEAD DIGITAL RIVER WORLD PAYMNTS
May 27, 2015

Digital River announced yesterday (May 26) that Hayden Reed has been appointed senior vice president and general manager of Digital River World Payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

UK’s May Retail Sales Top Economists’ Expectations
May 27, 2015

To everyone’s surprise, sales in the U.K. have boomed in May and are expected to hit their highest level in more than 26 years in June, according to Reuters. Retailers’ overall assessment of the business situation improved to +20, the highest since last August and up...

Smartphone Saturation Takes Toll On Mobile Market Growth
May 27, 2015

As smartphone market penetration increases in top markets, it has led to a slowing growth in smartphone shipments on a global scale, according to new research from IDC’s Worldwide Quarterly Mobile Phone Tracker report. Get the Full Story Complete the form to unlock this article and enjoy...