Billtrust has long relied on its sales force to approach businesses directly with accounts receivable technology, and it's turning to banks to automate more steps in the process of handling payments.
In theory, businesses that want to run a payment service such as Stripe can sign up directly at their bank, with a competitive rate, writes Ryan James, CEO of Surety Bank.
Companies behind the most popular U.S. credit cards said they are severing ties with extremist organizations that incite violence after they came under pressure to stop providing ways for white supremacists groups to raise funds.
Connected devices, mobile and new processing standards require a larger technology upgrade than the quick updates of the past, according to Rajesh Venkatraman, director of worldwide payments at IBM.
In a move to strengthen the PayPal Working Capital program, the online payments giant has agreed to acquire the small-business capital lender Swift Financial.
Oracle Corp. is offering a payments application programming interface based on the ISO 20022 standard that will allow banks to more easily collaborate with fintechs and other third parties.
The cashless ATM is meant to make it easier for legal dispensaries and other high-risk stores to accept card payments. But for Alden Linn, owner of World of Weed, it became a hassle.
Bank of America Merrill Lynch is launching a payments collection platform that helps users manage mobile wallets and card payments in China through an arrangement with China UnionPay Merchant Services.
