What initially seemed like an accomplishment, Hong Kong overtook the U.S. as the top destination for Chinese goods and materials. Now it seems like that particular stat may need an asterisk next to it, since the U.S. seems to still lead as a location where...
In the B2B payments world, manufacturers often find themselves having to agree to severe penalties for non-performance such as late deliveries. This can be frustrating if the delays are unavoidable and if those penalties mean the difference between profit and loss. In one extreme case...
The CUNA Mutual Group will be getting is corporate card program via the $5.6 billion Alaska USA Federal Credit Union through a new program called PurchaseOne. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
PayPal’s Irish expansion is paying off, according to new figures that show Paypal Europe Services Ltd pre-tax profits are up 43 percent to €11.2m over the prior year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Take any type of payment within an enterprise, enable its acceptance through seamless ERP integration, and secure it with a token. That’s the job of enterprise payment acceptance solution provider Paymetric, which is driving over $30 billion worth of payments, says Paymetric CEO Asif Ramji....
Swedes are increasingly drifting away from cash, according to a new report released by the Swedish Federation of Trade (Svensk Handel). ) with four out of five purchases in Sweden made electronically (either by debit or credit). Get the Full Story Complete the form to...
The Baltic country Estonia — about the population of Dallas, Texas — embraces a niche in the payment world with its use of national identity cards that offer capabilities to access banking services, conduct government services, among other non-traditional payment features. Get the Full Story Complete...
At a time when supply-chain finance startups increasingly are encroaching on trade finance by traditional banks, some banks are turning to an untraditional approach: hiring a startup. Mizuho Financial Group announced this month that it has cut a deal with PrimeRevenue to provide supply chain...
Google Executive Chairman Eric Schmidt said Monday (Oct. 13) that it’s a misconception to think Bing or Yahoo is its biggest competitor when it comes to mobile searches. Instead, he cited Amazon as Google’s biggest force against the company in the mobile search market. Get...
