News

B2B Makes Up A Whopping 70% Of China’s E-Commerce Market
February 19, 2015

The global e-commerce industry has its eyes fixated on China, whose digital shopping market saw an impressive $2 trillion in transactions in 2014. Indeed, research released last December by eMarketer predicted that China would take over the US as the world’s largest e-commerce market by...

B2B Payments
EU Sings Praises for Philippines’ E-Invoice Adoption
February 19, 2015

As the Philippines continues plans to mandate e-procurement practices in efforts to attract foreign investment, EU officials have spoken out in favor of the new rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Beehive Dives Into UAE’s Small Business Lending Gap
February 19, 2015

The United Arab Emirates is positioned on the cusp of a digital B2B boom. The nation has secured more than half of the Middle East’s e-commerce market, according to recent research, meaning it has the upper-hand to grab a huge piece of the predicted $50...

MCA, Factoring an Oasis in SMB ‘Credit Deserts’
February 19, 2015

In a post-recession world, small businesses are still struggling to find funding, particularly in areas hardest hit by recent bank failures. Many are turning to alternative methods—merchant cash advance and factoring, among others—to fill the void left by these so-called “credit deserts” found across the United...

Top Image Systems, Hanse Orga Automate AR Payments
February 19, 2015

Digital business solutions provider Top Image Systems announced a global partnership with independent B2B software firm Hanse Orga to automate payments within accounts receivable, often a point of significant friction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Will The CFPB Get Its Own Watchdog?
February 19, 2015

Back in 2010 and in the aftermath of the financial meltdown, the CFPB was created by passage of the Dodd-Frank Act. Its intentions were to protect consumer rights in the financial sector with authority over banks, credit unions, debt collectors, securities firms, payday lenders, mortgage-servicing...

India’s Snapdeal E-Commerce Marketplace Expands
February 19, 2015

Snapdeal, an Indian e-commerce marketplace, continues to expand with the acquisition of luxury items seller Exclusively.in, continuing its pursuit of capturing $2 billion in the gross merchandising value of online fashion, reports TechCrunch. Snapdeal’s acquisition also keeps it in step with competitor Flipkart, which had a...

Boston’s Billion-Dollar Blizzard
February 19, 2015

If someone from Boston tells you that a year’s winter is the worst he’s ever seen, listen to him, because he’s seen (and shoveled) a lot of them — and that’s the way the winter of 2015 is getting described thanks to nearly 7 feet...

Google Bags Kenyan Payments Scheme
February 19, 2015

Google announced on Feb. 16 that it will be terminating its Kenyan cashless payment program BebaPay on March 15, in a move that is being described as a quiet retreat from the payments space. Get the Full Story Complete the form to unlock this article...