Source: PYMNTS New research shows that more than one-third of fleet professionals would prefer a single card to make their business travel easier. Allstar Business Solutions, which polled more than 1,000 SME workers, has also found that business expenses are causing financial stress for U.K. workers. In fact, 57 percent say they have endured financial […]
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Source: PYMNTS Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal (WSJ) reported Friday (Sept. 21). Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1 billion. Brex, founded by two Brazilian entrepreneurs, emerged […]
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Source: PYMNTS In the latest research of small business lending trends, researchers have found evidence to be optimistic. Across the U.S. and U.K., it appears access to bank loans is easing, with most SMBs able to obtain a bank loan. Yet across Europe, a massive SMB funding gap remains, analysts warn. The research also offers […]
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Source: PYMNTS There are few participants in the American healthcare system that offer rave reviews of its payment process. Providers (doctors, hospitals, etc.), payers (insurance companies) and members (patients) all offer different perspectives on what’s really wrong – but all agree that if healthcare payments was a patient, it would be flatlining. Getting everyone to agree that something’s wrong […]
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Source: PYMNTS Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce. Still, even in this digital world, where everyone and everything is connected via mobile, going global can be tough for a company looking to expand its operations […]
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Source: PYMNTS Digital commerce channels are presenting new opportunities for bad actors, making cybercrime a colossal problem for companies of all sizes. All told, U.S. businesses and consumers lost more than $1.4 billion in 300,000-plus reported cyberattacks last year, according to the Federal Bureau of Investigation (FBI). Perhaps more troubling, however, is digital fraud’s projected […]
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Ticketmaster stood accused of scalping this week, the result of two undercover reporters in Canada finding out that the company was allegedly forging relationships with scalpers in secret, in violation of Ticketmaster’s own policies. It’s unclear what, if anything, will come from this. Consumers who attend concerts and other events involving Ticketmaster love to hate […]
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Some failures of technology are very serious. On Jan. 13, 2018, an emergency alert text went out all over Hawaii telling residents and tourists that an incoming ballistic missile attack was imminent, tipping off waves of panic and terror as people scrambled for cover. There was no attack, of course, just a crossed wire between […]
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To help its Platinum cardholders book tables at restaurants through their phones, including those that have Michelin stars, American Express plans to roll out a reservation service that will be reportedly similar to OpenTable. The offering will arrive in the U.K. this fall before coming to the U.S. and other areas next year, Business Insider reported. […]
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London keeps calling to Uber, which has had a rough time in the U.K. capital. The latest developments involve a protest and possible acquisition, but a case can reasonably be made that things, at least for now, seem to be going Uber’s way. The bigger piece of news in all this is that the ridesharing […]
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