Fleet card processor WEX continued to see the benefits of its global expansion, but domestic activity was the primary driver behind company earnings growth during the first three months of the year. Recent deals also should help propel the company’s virtual card activities for fleet...
SWIFT has recently expanded its scope of services from payments to compliance, including the launch of its KYC Registry. More recently, it launched multiple initiatives to help banks better manage their data and monitor financial crime risks. Dubbed, Compliance Analytics, this business intelligence toolkit is...
Now that credit transfers (CTs) and direct debits (DDs) are nearly finished in the migration to the Single Euro Payments Area (SEPA), the Eurosystem is now turning its attention to the largest electronic retail payment instrument: card payments. A new report, “Card payments in Europe...
Unisys Corporation, a global IT company that provides IT services, software, and technology announced a next-generation Cargo Revenue Accounting (CRA) solution. CRA is designed for real-time integration with the core Unisys Logistics Management System (LMS) or third-party cargo systems. The product gives airlines control and...
On May 7, 2014, BMO will demonstrate their newly formed Treasury & Payment Solutions division. “New tools and technologies have enabled financial executives to be more sophisticated in how they manage treasury and payments, but finding the right approach is more complicated and challenging than...
Epicor Software Corporation, offering business software solutions for manufacturing, distribution, retail and services organizations, introduced Epicor Commerce Connect. Epicor Commerce Connect is an eCommerce platform management solution for Business-to-Business (B2B) and Business-to-Consumer (B2C) companies that help Epicor ERP customers develop unique websites and manage them....
Heartland is methodically building out its platform to offer a full suite of payments services to small business. While its recent announcement of its e-Invoicing play made news, its investment in a small business payments platform last year failed to contribute to earnings this quarter,...
An enterprise platform that helps small to medium sized retailers with its cloud based management tools, received $10 million in series C funding round led by MMC Ventures and participated by other investors including Quayle Munro, Eden Ventures and Notion Capital. The total funding raised...
Thirty percent of SMBs leverage business credit cards to finance their businesses. But the rules and regulations related to interest rates and APRs that protect consumers’ don’t apply to corporate cards. The result is a potentially devastating impact on the ability of SMBs to access...
