B2B: Page 16
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ACH payments rise to new record
ACH Network electronic payments volume climbed 7.7% during the third quarter to a new quarterly record, though the rate of increase slowed as stimulus payments ebbed.
By Ted Jackson • Oct. 25, 2021 -
Vast Bank's new offering lures "crypto curious"
"Banks for centuries have been safe keepers and custodians of what people value," said CEO Brad Scrivner. "In today's world, that's now digital assets."
By Anna Hrushka • Oct. 22, 2021 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-border payments targeted for upgrades
When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.
By Payments Dive staff -
Is PayPal pining for Pinterest?
A reported $45 billion PayPal purchase of Pinterest would cap a big year for deal-making fueled by the payments industry.
By Lynne Marek • Oct. 21, 2021 -
Goldman Sachs, AmEx debut corporate payments service
The investment bank partnership with the largest issuer of business cards aims to make payments easier and more efficient for institutional clients.
By Robin Bradley • Oct. 20, 2021 -
Stripe agrees to buy Recko
The payments fintech giant is buying Bangalore-based Recko to add more accounting capabilities to its quiver of financial tools for businesses.
By Lynne Marek • Oct. 20, 2021 -
Fiserv expands restaurant reach with BentoBox purchase
The global payments processor said it would buy BentoBox to expand the reach of its Clover unit in servicing restaurants.
By Lynne Marek • Oct. 18, 2021 -
Billtrust makes $58M acquisition in Europe
The business-to-business software company aims to attract more European clients with the purchase of collections management software firm iController.
By Tatiana Walk-Morris • Oct. 15, 2021 -
AvidXchange's IPO swells to $660M
The debut offering from the payments software firm AvidXchange ballooned this week when the company sold more shares than previously expected at top dollar.
By Lynne Marek • Updated Oct. 14, 2021 -
Andreessen Horowitz poaches Facebook digital wallet execs
Two executives who had been working on the Novi wallet project backed by Facebook will pivot to crypto investing for Andreessen Horowitz.
By Dan Ennis • Oct. 13, 2021 -
Cross-border payments competition heats up
Three bank-backed payments companies are attempting to increase the speed of cross-border payments, jumping into an arena teeming with fintech rivals.
By Lynne Marek • Oct. 12, 2021 -
Paytech firms outside US gain ground
Payment technology companies based outside the U.S. were big venture capital winners during the third quarter as funding soared to a new record, according to a report from research firm CB Insights.
By Lynne Marek • Oct. 11, 2021 -
Affirm, Sezzle buy now-pay later options arrive at Target
As the holiday season nears, the big retailer has tapped BNPL providers Sezzle and Affirm to give consumers more payment choices. The BNPL players are building their US profiles by gathering in more partners.
By Tatiana Walk-Morris • Oct. 8, 2021 -
Payment tech lifts construction venture funding
New venture funding for Built Technologies, which provides finance and payment tech for the construction industry, contributed to contech firms attracting $2.1 billion this year, a Construction Dive analysis has found.
By Sebastian Obando • Oct. 8, 2021 -
Retrieved from Flickr/RikkisRefuge.
Rich payment startups target B2B market
Veem and Melio are among the fintechs bulging with new capital and taking aim at the small and mid-sized end of the trillion-dollar business-to-business payments market.
By Lynne Marek • Oct. 4, 2021 -
Fiserv to create New Jersey corporate tech hub
The Wisconsin-based payments giant will invest $105 million in the new Berkeley Heights corporate campus where it expects to employ about 3,000 workers.
By Tatiana Walk-Morris • Sept. 30, 2021 -
NovoPayment sets sights on US market
NovoPayment expects to land its first venture investment soon, just as it's extending its Latin American-focused financial services software business into the U.S.
By Lynne Marek • Sept. 8, 2021 -
How Square's Afterpay purchase advances its small-business banking goals
Square is "going to turn to all their small-business users and they're going to say, 'We're helping you with accounts receivable and now we can help you with accounts payable,'" says one analyst.
By Anna Hrushka • Aug. 18, 2021 -
Paymentus agrees to acquire Payveris for $152M
With the acquisition, Paymentus will expand its bill payment network and increase annual net revenue about 25 percent.
By Lynne Marek • Aug. 11, 2021 -
Synctera partners with Mastercard, Marqeta
Synctera’s new partners will help community banks work with fintechs on new debit card-issuing programs.
By Wendy Cole • Aug. 6, 2021 -
Klarna acquires Apprl to boost retail marketing
By absorbing Apprl, Klarna will be better able to help retailers create social shopping content and track related sales.
By Tatiana Walk-Morris • Aug. 2, 2021 -
Fiserv, Goldman strike pact on cross-border payments
Fiserv and Goldman Sachs have agreed to team up on offering cross-border payments in the first phase of a broader payments tie.
By Lynne Marek • July 27, 2021 -
Rapyd buys Valitor in $100M deal
Rapyd tapped its venture capital hoard for the acquisition of Volitar, an Icelandic company that will become its European hub.
By Lynne Marek • July 2, 2021 -
Retrieved from Flickr/RikkisRefuge.
Automating invoices becomes a hot payments play
When the COVID-19 pandemic shifted work to employees' homes, businesses realized they needed a different solution for their check-cutting operations.
By Lynne Marek • July 1, 2021 -
PayPal to increase merchant fees in August
The company said it's planning to raise some U.S. transaction fees despite a crowd of competitors angling to lure merchants and consumers to alternative payment services. At the same time, it said it would cut a handful of other fees.
By Lynne Marek • June 20, 2021 -
Goldman Sachs taps Visa for cross-border payment upgrade
The global investment bank is aiming to streamline and enhance cross-border payments for its clients by signing on for Visa's cross-border programs.
By Lynne Marek • June 7, 2021