FastPay has reportedly raised $15M from Oak HC/FT in order to support the company’s growth, further develop its proprietary technology and acquire potential new hires. This venture is the first FinTech investment from Oak HC/FT’s recent $500 million growth-equity fund. Get the Full Story Complete the...
Is no surprise that US consumers would be wary of loosening their purse strings following the Great Recession. But the latest data may raise retailers’ concerns with new insight as to just how drastic and widespread the Recession’s effects have been. Get the Full Story...
Square has gone global. The mobile payments startup announced in London on Thursday (Nov. 20) that its Square Register point-of-sale suite is now available worldwide and supports four languages and 130 currencies. Get the Full Story Complete the form to unlock this article and enjoy...
Bankers must make consumer safety a priority as they develop a new, real-time electronic payments system, Consumer Financial Protection Bureau Director Richard Cordray told a financial conference on Thursday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Big U.S. retailers are hoping affluent Chinese shoppers will join the Black Friday frenzy next week — with a lot of help from Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
What’s the next step a company should take in the evolution of corporate travel? According to Richard Crum, Group Head, Global T&E Products & Solutions, MasterCard, it’s to implement individual virtual card accounts. That very step, he says, will boost travel expense management, allow for...
Let’s be candid. Payroll processing is generally not something a lot of people get excited about, unless it’s payday and the direct deposit hasn’t happened. And that might just be the point. Payroll, with all of its tax and legal complexities, is not something companies...
With its eyes on improving logistics for its ever-expanding global plans, The Alibaba Group is exploring a partnership with Hangzhou-based logistics firm Best Logistics Technology Company, with a specific goal of developing cloud-based logistics services, according to Beijing-based newspaper The Economic Observer. Get the Full...
Fleet management company Omnitracs on Wednesday (Nov. 19) announced that it was appointing Jim Gardner as vice president of marketing. 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...
