News

Cross-border Payments
How CFOs Navigate the ‘Cross-Border Storms’ of B2B Payments
October 21, 2022

From small businesses to global brands, businesses continue to face challenges when making payments across borders in order to pursue the massive opportunity that doing business globally provides. In a panel discussion hosted by Ben Ellis, Global Head, Visa B2B Connect, Visa Business Solutions, two...

Security & Fraud
JPMorgan: ‘Pressure Testing’ Key to Helping Treasurers Fight Payments Fraud
October 21, 2022

“The move to digital has been a wonderful thing,” JPMorgan Head of Client Fraud Prevention for Commercial Banking Alec Grant told Karen Webster. “The shift has opened up avenues and payment vehicles for treasurers that make them much more efficient and gives them new business...

B2B Payments
FLEETCOR Purchases Lodging Provider Roomex To Boost B2B Lodging 
October 20, 2022

Business payment company FLEETCOR has said it will be buying European workforce lodging provider Roomex, which will help the company add to its lodging business and help it expand more internationally, a press release said. Roomex is headquartered in Dublin, Ireland and has 600 workforce...

Global Payments
Payroc Debuts Embedded Finance API Platform
October 20, 2022

Global payments company Payroc has debuted a new API suite and developer documentation site, a press release said, which will give technology providers more embedded payments flexibility. The platform was intended to equip Payroc’s partners with the control to make unique payment experiences within their...

B2B Payments
Today in B2B Payments: Firms Launch BNPL, Mobile App, Storefront
October 20, 2022

Today in B2B payments, Ionia and Certegy roll out a new buy now, pay later (BNPL) offering, Wave debuts a new mobile app for small business owners and Jimmy Brings launches a new storefront. Plus, Capital on Tap secures a $110 million credit facility to...

Fintech Investments
FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
October 20, 2022

The FinTech IPO Index was down 3.2% heading into the end of the week and is down 10.2% headed into the final days of October. The hole is a deep one if the Index is ever to make it into positive territory — the Index...

Retail
Instacart, Ahold Delhaize Boost Ad Sales to Augment Grocery Business
October 20, 2022

As rising food prices put additional margin pressure on businesses that rely on grocery sales, some are turning to advertising to supplement their revenue. Instacart, for one, announced Wednesday (Oct. 19) the debut of new advertising features within its advertiser portal, Ads Manager. These include tools...

CFPB
CFPB Guidance: Consumer Reporting Agencies Must Eliminate ‘Junk Data’ 
October 20, 2022

When a credit report says that a child has a mortgage or that someone incurred a debt years before they were born, that’s obviously false “junk data,” according to the Consumer Financial Protection Bureau (CFPB).  What’s more, consumer reporting companies have an obligation to screen...

Investments
Capital on Tap Gets $110M Credit Facility to Build Central Finance Hub
October 20, 2022

Global FinTech Capital on Tap has secured a $110 million corporate revolving credit facility and said it will use the funding to build a central finance hub that will help small businesses in the United States and the United Kingdom manage all aspects of their...