Payroll processing company MyPayrollHR has suddenly closed, leaving some business customers in limbo and drawing accusations of fraud and leading to employees losing money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Faster cross-border commercial payments are within reach thanks to global initiatives from the private and public sectors, and to growing consensus among FinTechs and financial service providers that businesses need faster movement of funds, too. Case in point: there are now more than 57 different...
How to avoid the friction that comes when buyers want to pay as late as possible, and suppliers want to get paid right now? Brandon Spear, president of MSTS, tells Karen Webster that part of the key to harmonious B2B payments lies with standardizing payments,...
Illinois-based daVinci Payments has announced it is releasing a Chinese Yuan (CNY) corporate-funded prepaid card for employees or customers of multi-national corporations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In Europe, banking upstarts are gaining traction in digital banking, with new products and services focused on enterprises and consumers alike, easing account to account payments, international transactions and data security. Think of it as Banking as a Service — and some of these tech-savvy...
Danish startup Pento announced that it has raised $2.8 million in seed funding. 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 to our daily newsletter, PYMNTS Today....
BizBenNetwork has announced the launch of its ProSell Program for business owners, which helps small-to-medium business owners sell their companies through consultation, the creation of a professional team of resources and optimizing business-for-sale postings. Get the Full Story Complete the form to unlock this article...
Smart cars and connected vehicles could be on their way to addressing road congestion, reducing accident risks and promoting overall convenience for drivers no longer at the wheel. Those are significant propositions for the fleet industry, with giants like Amazon and Uber Freight investing in...
A subsidiary of automaker Toyota has lost millions of dollars thanks to a vendor payment scam, according to SC Media UK reports. The publication said Monday (Sept. 9) that Toyota Boshoku Corporation, one of Toyota’s car parts suppliers, lost more than $37 million to a...
