PYMNTS

SEPTEMBER 23, 2019

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. We look forward to working with Bank of America to address critical market challenges and to expand the network’s reach and eco-system to a wider audience of corporate customers.”.

America 148

America Capital National Groups 148

BankInovation

APRIL 10, 2023

Bank of America is seeking to decrease user clicks in its CashPro banking platform with its launch of a new search function this month.

America 52

America Capital Management Payments 52

PYMNTS

DECEMBER 16, 2020

16), at the same time that it launched a first-of-its-kind payments product, CT Cash, to help truckers manage payments. The CloudTrucks app helps truck owners and operators manage their businesses by optimizing their driving schedules for better pay rates, maximizing cash flow and reducing operating costs.

Cards 209

Cards Payments Operations America 209

PYMNTS

JUNE 28, 2020

Spiff , which works in sales commission and software, has come off a funding round with $10 million, which it intends to use to boost its software to automate commission payments, TechCrunch reported. The transformation for some has been slow, PYMNTS reported , with paper processes still used in many cases.

Payments 247

Payments Software America Google 247

PYMNTS

JANUARY 27, 2021

Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app. While subscription management is an issue for consumers, it’s also an issue for banks because there’s a risk that extra money can be taken from the bank account as the data ties are cut between the merchant and customer. “But

Management 181

Management Technology Cards Retail 181

PYMNTS

APRIL 8, 2020

Hewlett Packard Enterprise (HPE) is turning to its financial services unit to extend over $2 billion in financing and programs to assist business customers with cash management issues amid the global pandemic. . HPE’s financial services unit and asset management division is part of its 2019 goal to offer everything-as-a-service (EaaS).

Payments 238

Payments America Management Technology 238

PYMNTS

JULY 29, 2019

California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We

California 108

California Management Sacramento Regional 108

PYMNTS

JUNE 7, 2020

million quarterly payment on loans, due at the end of June. As the coronavirus pandemic unfolds across America, with the country moving toward reopening after months of shutdowns that roiled the economy, many Chuck E. Cheese is facing down a $1.9 On Friday, Chuck E. million going toward Chief Executive David McKillips.

Payments 267

Payments America Report Capital 267

PYMNTS

FEBRUARY 9, 2020

By digitizing the financial supply chain, “businesses can minimize supply chain delays and friction, while suppliers can benefit from improved access to capital,” the release said. Slow invoice matching delays the trade financing cycle, preventing suppliers from obtaining the capital they need to deliver quality and compliant goods on time.”.

Data 140

Data Payments Capital Resources 140

PYMNTS

OCTOBER 1, 2020

In the build versus buy debate, particularly within B2B and payments modernization, for at least some companies, the decision rests squarely on the side of “buy.”. To that end, earlier this week, private-equity firm Lightyear Capital said it established ProfitSolv to acquire integrated solutions for billing, payments and software services.

Payments 141

Payments Software Capital New York 141

PYMNTS

NOVEMBER 7, 2016

The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. Small businesses are anxious, and there is evidence that large corporates’ cash management and investment strategies are also being shaped by political uncertainty. That amounts to $28.9 26% of U.S.

America 186

America Fintech National Strategy 186

PYMNTS

SEPTEMBER 8, 2020

In today’s top news, B2B cross-border payments network Thunes raised $60 million, and Klarna debuted a redesigned app for its U.K. B2B Cross-Border Payments Network Thunes Raises $60M. Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept.

Payments 141

Payments California Apple Video 141

PYMNTS

MAY 25, 2018

Venture capital activity in the B2B space found software and data management firms securing funding. Three individuals – including Szulik, Ryan McIntyre (co-founder at Foundry) and Larry Bohn (managing director at General Catalyst) – have joined Tidelift’s board of directors. million open source packages.

Capital 108

Capital Software California Data 108

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Consumer payments. Venmo , owned by PayPal, and Cash App , owned by Square, offer P2P payments as their primary offerings.

America 101

America Lending Cards San Francisco 101

PYMNTS

APRIL 10, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into healthcare payments artificial intelligence (AI), subscription churn, and a TurboTax tool for stimulus payments. More than 85,000 people sought $22.2

Taxes 216

Taxes Tools Payments Los Angeles 216

BankInovation

JUNE 24, 2021

Digital card payment platform provider Moca announced Tuesday a $3 million series B funding round that will allow the platform to expand its foothold in Latin America and the Caribbean. The end-to-end solution is both a gateway to Visa and the card management system — functions that are typically handled by different vendors.

America 72

America Cards Fintech System 72

PYMNTS

DECEMBER 15, 2017

Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts.

Capital 110

Capital Cards Risk Management America 110

PYMNTS

JULY 13, 2020

But there’s another driving motivator behind the growth of the global freelancing economy, according to Payoneer Vice President Americas, Regional Head, SMB Iain McNicoll , and Vice President, Regional Head, South East Asia Miguel Warren. Payments are key to the trust equation, particularly when hiring expands across borders.

Payments 273

Payments Regional Community Trends 273

PYMNTS

MARCH 3, 2020

Following an auction process, Sage has agreed to sell the business to local management. Sage had always faced an uphill struggle in Brazil, Anthony Miller, managing partner at TechMarketView, told The Register. The company is also selling off Sage Pay, which is on track for a capital return of £250 million. assets for $100.3

America 130

America Software Operations Regional 130

PYMNTS

MAY 11, 2020

PayCargo Capital (PCC) is offering short term loans and credit lines to help its supply chain customers keep the cash flow going as the coronavirus pandemic continues to disrupt business as usual. . Transportation and cargo companies that do business with PayCargo in North America can apply for $25,000 to $2.5

Capital 141

Capital Florida America Online 141

PYMNTS

APRIL 10, 2019

Mexico’s BancoBASE is revamping its corporate payments processing capabilities through a partnership with Volante Technologies, the companies said in an announcement Tuesday (April 9). The partnership will also support cross-border payments processed via the SWIFT network.

Payments 134

Payments America Technology Operations 134

PYMNTS

APRIL 14, 2020

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. and global payments platform Currencycloud have partnered. Current investors also joined with the inclusion of Sapphire Ventures, GV, and Nation Capital.

Regional 181

Regional Community Bank America Community 181

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Blockchain.

Capital 100

Capital blockchain Management Lending 100

PYMNTS

JANUARY 13, 2021

The demand for online payments has skyrocketed following the restrictions due to the effects of COVID, and as a company, we are well placed to provide businesses across the globe with the solutions they need and to get them up and running fast,” Rapyd Co-Founder and CEO Arik Shtilman said in a Wednesday (Jan. 13) press release. . “The

Fintech 178

Fintech Capital America Online 178

PYMNTS

DECEMBER 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., We wanted to help bring down the cost and speed up the process to boost financial inclusion,” Xoom Vice President and General Manager Julian King said in a press release. Canada, Europe and U.K. Volante Technologies Inc.,

Payments 178

Payments Google Technology Taxes 178

PYMNTS

JANUARY 12, 2021

London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment division of Vulcan Capital, launched from the estate of Microsoft co-founder and philanthropist Paul G. is being managed by Amanda Orson , vice president and head of North America.

Fintech 220

Fintech US Samsung Capital 220

PYMNTS

APRIL 12, 2019

Digital payment company Nexi has raised $2.3 It is also the third IPO for a payments-related company in less than a year. The offers also included a capital increase of 700 million euros. Investors in the company include Bain Capital, Clessidra SGR and Advent International, who will all free float 35.6 billion euros.

NV 117

NV Payments Capital ATM 117

PYMNTS

DECEMBER 29, 2020

NebulARC can offer its new tech to help bolster insights for day-to-day operations for shippers, and optimizing yard management to help with capacity planning, according to the firm. Van der Walt said the long-term impact of the virus will come with lower payment volumes and vendors holding back trade capital to help shore up capital.

Capital 227

Capital America Industry Software 227

PYMNTS

JULY 10, 2017

B2B payments startup PayStand announced new funding last week, but the investment is notable for more than one reason. Reports Friday (July 7) said PayStand was one of two startups that attracted financing from LEAP Global Partners’ first early stage venture capital fund, LEAP Partners I.

America 102

America Payments Capital California 102

PYMNTS

NOVEMBER 7, 2016

Is it any surprise that earnings season continued (and still continues) to dominate the movements of payments stocks? Among the companies that enjoyed some heady gains, Square stood out for its quarter, which showed some strong growth in terms of payments processing volume, gaining double digits. The stock was up 7 percent, too.

Payments 161

Payments America Lending Capital 161

PYMNTS

JULY 27, 2018

The biggest investment news of the week came on Thursday (July 26), when cross-border B2B payments company Flywire announced an impressive $100 million funding round. Plus, cybersecurity, B2B eCommerce, expense management, small business finance and other verticals took home new funding.

Payments 101

Payments Capital Security Management 101

PYMNTS

JULY 3, 2018

Airwallex , the international payments company, announced Tuesday (July 3) that it raised $80 million via a round of fundraising. Airwallex said that, with the funding, the company is aiming to speed up the production of its cross-border payment technology. It has already completed successful connections in China.

Payments 101

Payments Capital America Company 101

Bank Innovation

MARCH 19, 2019

Most virtual assistants are reactive, but Capital One is training its virtual assistant, Eno, to be proactive, according to Ken Dodelin, VP of conversational AI products at the bank. Most [virtual assistants] are chasing reactive customer questions,” Dodelin told Bank Innovation. “We

Training 170

Training Capital Taxes Innovation 170

PYMNTS

AUGUST 4, 2020

Contractor-software company Jobber is expanding its partnership with payments platform Stripe to include flexible financing and instant payouts to North American clients, the companies said Tuesday (Aug. Jobber provides software for skilled tradespeople to manage their businesses, which have collectively served more than 10 million customers.

America 158

America Software Meeting Capital 158

PYMNTS

MAY 1, 2020

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. Additional investors included One Way Ventures, Maya Capital, Magma Partners and others. and Mexico.

Capital 165

Capital Management Fintech Cards 165

PYMNTS

MAY 11, 2020

Human capital management (HCM) software as a service (SaaS) firm Ceridian is launching Dayforce Wallet to give people the flexibility of getting paid in real-time, whenever they want it. Last year, the company expanded to Australia and also acquired enterprise workforce management solutions company RITEQ, based in Sydney.

Minneapolis 181

Minneapolis Payments New York Regional 181

PYMNTS

JANUARY 11, 2021

He added that Cardtronics’ debit network complements NCR’s payments platform and the combined new entity will offer a comprehensive connection of retail and bank customers “while capitalizing on the banking industry’s transition toward infrastructure outsourcing.”. 11) press release. . Shares of Cardtronics climbed 0.3

ATM 172

ATM Operations Houston Georgia 172