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PYMNTS.com 02/26/2020 08:00
More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to another. That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that […]
PYMNTS.com 02/26/2020 07:30
Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values. Bringing AP automation to ERP offerings enhances working […]
PYMNTS.com 02/26/2020 06:14
Qdoba Mexican Eats is launching its long-standing rewards program with a new platform, Paytronix Systems, the eatery announced this week in an emailed press release. The program will aim to help Qdoba understand guest patterns and help tailor its programs to specific guests as individuals. Migrating to Paytronix allowed Qdoba to integrate its already loyal […]
PYMNTS.com 02/26/2020 01:46
Cloud-based purchasing platform Vroozi will expand in the U.K. and Ireland, and work with Stratas to automate purchasing in the area, according to a press release. Vroozi will launch a procure-to-pay option, which will allow mid-market companies to expand faster by increasing spend controls, and automating accounts payable and purchasing services, said Vroozi CEO Joe […]
PYMNTS.com 02/26/2020 00:58
Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers, reports said. SGeBIZ offers an array of loan products for small business (SMB) users, including B2B procure-to-pay platform EzyProcure, the first of its kind in the country. Funding Societies research found that many […]
PYMNTS.com 02/26/2020 00:22
Oracle is among the donors of the Internet Accountability Project (IAP), which aims to fight against the dominance of Big Tech. California-based Oracle donated between $25,000 and $99,999 to the project last year, according to a new political giving report posted on the company’s website this week, Bloomberg reported. Previously, the IAP declined to say who […]
PYMNTS.com 02/25/2020 23:55
MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. Fourth-quarter revenues at $323.7 million were off by 6.4 percent year over year, and missed estimated by $5.4 million. Non-gaap earnings of a penny beat estimates by three cents. Total fee-based revenues slipped 20.5 percent, to $311 million. MoneyGram […]
PYMNTS.com 02/25/2020 18:56
Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO and CEO, according to a report in the Financial Times. In an email to its staff, Expedia said it plans to “reduce and eliminate certain projects, activities, teams and roles […]

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