News

2015 Retail Sales Off To “Disappointing” Start‏
April 03, 2015

Winter storms blasted half a percentage point from U.S. economic growth in Q1 2015, making it the second year in a row that weather hammered the economy during the first quarter, according to a survey of economists by Bloomberg. Get the Full Story Complete the...

Businesses Aren’t Sure How To Tackle Maverick Procurement
April 02, 2015

The cost of indirect spend, the materials and services that businesses need in order to operate, can add up quickly. Some research estimates indirect spend accounts for up to 50 percent of a company’s purchases. In a joint survey by Supply Management and Expense Reduction...

China’s Interest Rate Cuts Ignore Small Businesses
April 02, 2015

Chinese officials have made efforts in recent months to boost economic growth in the nation, in part by introducing two loan interest rate cuts in the last four months. Despite these cuts, reports say, small businesses in the nation aren’t seeing any ease of burden...

T&E Expert Concur Reaches Milestone
April 02, 2015

Travel and expense management service providers are largely investing in the development of solutions that can be run through mobile applications, signaling a rise in the adoption of new technologies aimed at reducing the friction that exists in producing and processing an expense report. Get...

B2B Payments
UK Small Businesses Targeted For Faster Payment Solution
April 02, 2015

Digital procurement solutions provider PROACTIS wants to make payments faster for U.K. small businesses. The firm revealed only days ago that it has partnered with Inspired Capital and met with technology lawyers at Walker Morris to develop a new accelerated payment facility for Britain’s SMEs,...

Analysts Skeptical of SAP’s Cloud Transition
April 02, 2015

Germany’s software giant SAP isn’t shy about going after what it predicts will be a $75 billion industry, cloud procurement service. With the launch of the firm’s Business Network, SAP has become a driving force behind the growth of B2B Software-as-a-Service. Get the Full Story...

The Cautious Optimism of SME Finance in 2015
April 02, 2015

The Thomson Reuters/PayNet Small Business Lending Index released the state of SME finance for February 2015 this week, and the results were promising. According to the Index, borrowing among small businesses in the U.S. rose by 7 percent from the same time a year ago....

Apple Watch Projected to Sell 1M on Launch Weekend​
April 02, 2015

Apple is set to hit its next millionth-device mark, one analyst says. And that could all be in just one weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Apple Patent Swaps Passcode for Selfie​
April 02, 2015

You may soon be able to lock and unlock your iPhone with your face. 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...