News

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PYMNTS Talks Back!
May 17, 2014

Here at PYMNTS we have all kinds of things to tell you about each week, from Alibaba's path to global commerce domination, to the resurrection of the ISIS mobile wallet, to why Bitcoin needs its own Benevolent Dictator for Life. But more than talk, we...

B2B Payments
Firms Positive After Canadian FX
May 16, 2014

The Canadian dollar firmed modestly against the greenback on Thursday after data showed domestic manufacturing sales rose in March for the third month in a row. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Alternative Finances
PYMNTS Innovator Spotlight: Pazien’s Push To Be The Payments Ecosystem’s Matchmaker
May 16, 2014

Payments is full of good ideas. So many good ideas that it can some times be hard to keep track. We want to help, with a weekly spotlight on who's bringing new ideas, fresh insight and singular vision to the ecosystem. This week we caught...

Merchant Innovation
Google Play Store Now Accepting PayPal
May 16, 2014

In a move that might be considered surprising considering that PayPal and Google are enemy combatants in the war for mobile wallet dominance, the Google play store is now open for business for people who want to use PayPal to purchase their goods. PayPal was...

Merchant Innovation
Is Uber Worth $10 Billion?
May 16, 2014

Uber, the ride-sharing service that allows mobile users to connect with a fleet of local drivers, is hoping to raise several hundred million dollars in a new funding round with a valuation of $10 billion. If successful, Uber will tripled its valuation in just nine months:...

Alternative Finances
Walmart’s Sales Take A Hit…Again
May 16, 2014

It is not a good day to be Walmart’s new CEO Doug McMillon. Traffic to Walmart locations nationwide has been on the decline all year and the company has just reported its fifth straight decline in U.S. sales numbers. Get the Full Story Complete the form...

B2B Payments
Increasing Growth In the US Commercial Cards Market
May 16, 2014

Research and Markets has announced the release of their new report, “Commercial Payment Cards: The US and Global Markets and Trends, 8th Edition”. According to the report, while US consumer credit card spending may still be pressured, commercial card purchase volume is moving full steam...

B2B Payments
Fast Growth for Egyptian Corporate Loans
May 16, 2014

NBK Capital MENA reported that corporate loans in Egypt increased by 1.2 percent month over month in March 2014, the fastest growth since April 2013, resulting in a five per cent increase over March 2013. Corporate loans increased 1.1 percent for the third consecutive month...

B2B Payments
Unpaid Debt Weighs Chinese Firms Down
May 16, 2014

As the Chinese economy continues to cool, companies are waiting longer and finding it harder to get paid for goods and services that have already been sold, leading to record amounts of receivables and potential write-offs, on corporate balance sheets. Get the Full Story Complete...