Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind consumer payments … old-school payment forms are not fast, they’re not efficient, and they also...
Lately, it seems each new day brings another advancement in the payments world. And increasingly, those exciting advances and innovations are impacting the world of business-to-business (B2B) payments. “There’s been an amazing acceleration of across all business processes,” Joe Pergola, CFO at Connatix, told PYMNTS. He explained...
McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million patients. The hackers accessed a wide range of patient information, including names, dates of birth, Social Security numbers, billing and...
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. In 2024, Truth in Lending (Regulation Z) and Consumer Leasing (Regulation M) rules will generally apply to consumer credit transactions and consumer leases...
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest lender, disconnected itself from an electronic settlement platform for the U.S. Treasury securities operated by BNY Mellon after a ransomware attack...
Payments network Klarna has expanded its ad and marketing tools for creators and retailers. The new offerings, announced Monday (Nov. 13), include new versions of the company’s Ad Manager and Creator Shops. “Building on our suite of marketing and ad solutions for retailers, Klarna’s Creator Shops and Ads...
Uber is adding several features related to safety, navigation and earning to its app for drivers. “Today we’re announcing improvements to the Uber Driver app, while also making earning on Uber safer and fairer,” Uber CEO Dara Khosrowshahi said in a Monday (Nov. 13) blog...
Global small business platform Xero has launched two new payments features aimed at assisting U.K. small businesses in managing their cash flow more effectively. These features, backed by the latest financial technologies, include a bill payments tool and eInvoicing, Xero said in a Monday (Nov. 13) press release. ...
New York-based venture capital (VC) firm Interplay has reportedly closed its third fund, raising $45 million in capital commitments. The firm specializes in investing at the Series A stage and focuses primarily on software companies, including B2B marketplaces and vertical software, TechCrunch reported Monday (Nov....
