News

B2B Payments
Survey: Nearly Half Of In-House Lawyers Use E-Billing Software
August 14, 2014

In-house law departments are willing to embrace technology, according to a recent Thomson Reuters survey. Specifically, 44 percent of respondents said that they are using e-billing software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Venezuela’s State Oil Company Officially Switches Operations To China Citic Bank
August 14, 2014

As of this week, PDVSA, Venezuela’s state-run oil and natural gas company,  has officially moved its accounts from Portugul’s Banco Espirito Santo to China’s Citic Bank, according documents supplied to Reuters, last Friday (August 8).  Going forward, all of PDVSA’s payments on fuel products and...

Alternative Finances
IT Procurement’s Pursuit Of The ‘Long-Term Quick Fix’
August 14, 2014

As procurement teams work more closely with colleagues in IT, using a multi-part analytics architecture can help break purchasing logjams. But effective data analytics also is required. PYMNTS.com takes a look at a recent report that provides some suggestions on how to accomplish the task.

Acquiring
Comdata Acquisition Gives Fleetcor Added Fuel To Grow
August 14, 2014

Perhaps not one of the best kept secrets, but Fleetcor this week made good on the earlier rumors, acquiring fellow B2B fleet card provider Comdata for $3.45 billion. The deal provides Fleetcor four new business segments, including B2B health care and virtual payment card services....

News
Guess Who Plunked Down $150M In Security App, Lookout?
August 14, 2014

Lookout, a San Francisco security app, has just taken in $150 million in new funding in a new round led by T. Rowe Price.  Also joining in the round were Goldman Sachs, Morgan Stanley Investment Management, and Amazon’s Jeff Bezos’ Bezos Expeditions.  Previous investors have...

StartUp Hopes To Crack eCommerce Conversion Problem
August 14, 2014

Online-customer retention start-up Windsor Circle said Tuesday that it has closed $5.25 million in a second round of institutional funding, VentureBeat reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Controversial
Green Dot And Serve Competition Heats Up, With Walmart Right In The Middle
August 14, 2014

Thus far, it appears, American Express’ Serve hasn’t put much of a dent in Green Dot’s performance, but the prepaid market appears ripe for a good ole fashioned feud between the two companies. Although pricing has yet to play out, Amex’s low-cost proposition and free...

News
Facebook To Tell Advertisers How Often Ads Convert Users Across Devices
August 14, 2014

Facebook will be giving its advertisers a new peek into ad efficacy with the release of a new report that will shows when and how often advertisements push users to complete a purchase on a different web-enabled device. Get the Full Story Complete the form to...

Merchant Innovation
Lucky Magazine To Launch “Content Commerce”
August 14, 2014

Glossy fashion magazine Lucky, which has been teetering on the brink of going digital or folding entirely, has proved true to its name. Publisher Conde Nast said on Monday (Aug. 11) that it is spinning the magazine off into a joint venture with subscription shopping...