ERP systems are the foundation of a well-run business but remain disconnected from corporate payment systems. And that increases manual labor, resulting in delays and errors, EVO Payments’ Fauwaz Hussain tells PYMNTS.
Business-to-business (B2B) payments are growing increasingly digital, a relief for accounting teams burdened with the manual processes of invoice creation, check writing and mailing invoices and payments through postal systems. Banks and businesses are turning to enterprise resource planning (ERP) systems en masse to address...
Payments software firm Global Payments is set to acquire payment technology and acquiring solutions firm EVO Payments for $4 billion, according to a Monday (Aug. 1) news release. The all-cash transaction — valued at $34 per share — will increase Global Payments’ target addressable markets...
Today in B2B payments, Sylndr raises $12.6 million in its latest funding effort, while Amaryllis gets $10 million to accelerate its development. Plus, EVO Payments acquires North 49 Business Solutions for enhanced B2B integrated payment solutions, PayEngine will use its $10 million Series A fundraising...
July 19, 2021
Whether it’s the proliferation of B2B marketplaces finally embracing online payments, or the gradual migration away from paper checks as buyers and suppliers grow more comfortable with ACH, there are plenty of signs of B2B payments’ willingness to evolve. In the U.S., with paper checks still so prevalent, the adoption of electronic payments technologies is […]
July 04, 2018
To paraphrase an old maxim: There is nothing new under the sun. There are just new ways to pay for it. Payments done digitally or with cards, through watches and kiosks,...
August 01, 2022
Payments software firm Global Payments is set to acquire payment technology and acquiring solutions firm EVO Payments for $4 billion, according to a Monday (Aug. 1) news release. The all-cash transaction — valued at $34 per share — will increase Global Payments’ target addressable markets and expand its presence into new parts of the world, […]
December 16, 2021
EVO Payments, which works with payment tech integrations and acquiring, has rolled out a new partnership with the National Bank of Greece to offer merchant acquiring and payment services, according...
November 17, 2021
Global merchant acquirer and payment processor EVO Payments has turned down an acquisition offer by payment processing solution firm Shift4 Payments, Bloomberg reported on Wednesday (Nov. 17), citing unnamed sources...
November 16, 2021
The payments technology company EVO Payments has expanded its partnership with Oracle to offer Oracle’s enterprise payment solutions to EVO’s retail and hospitality merchants. The company announced the new arrangement...
