Two payment processors are teaming up to provide accounts receivables management services in an effort to streamline and automate the way businesses get paid. Reports published late last week said U.S.-based Heartland Payment Systems is teaming up with Canada-based VersaPay to launch a cloud-based AR...
Last Friday (Aug. 14), Chinese Internet conglomerate Tencent revealed that it would be launching a credit rating service and using social media sites to make its credit assessments more robust. According to reports from Bloomberg, the tactic signals a growing trend in the nation among lenders...
Analysts have discussed whether the digital currency bitcoin could ease friction in cross-border payments, but one startup is putting that theory to the test. BitNexo, which launched this year, offers remittance services that uses bitcoin to facilitate trade between China and Chile, and the company’s...
As Apple forges ahead with its partnership with IBM in an effort to land more iPads and iPhones in the workplace, rival Google is whipping up a collaboration of its own to compete. Reports Thursday (Aug. 13) said Google has just struck a new deal...
U.S. consumer confidence dipped slightly in August, according to preliminary results from the University of Michigan’s Survey of Consumers index of sentiment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Eyeglass company Warby Parker co-founder Andy Hunt and Jeremiah Daly are trying to raise $125 million for a new venture capital firm called Elephant Partners, which would aim at monetizing startups willing to leapfrog Series A investments. Get the Full Story Complete the form to unlock...
PayPal wants potential customers to get to know it better, and they’ve brought in a marketing veteran to lead those efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Delivering products via air by drones may not be for years, Amazon CEO Jeff Bezos told The Telegraph in a recent interview, but when it does happen, it’s likely to happen in the U.K. first, he noted. Get the Full Story Complete the form to...
Uber’s dominance in the Chinese ride-hailing market might be able to make it a publicly traded company — but probably not anytime soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...