Western Union is weighing sale of business payments unit
Western Union plans to begin soliciting potential suitors within weeks. No decision has been made and Western Union may decide to keep the business. ... Read full article
Western Union plans to begin soliciting potential suitors within weeks. No decision has been made and Western Union may decide to keep the business. ... Read full article
The payments company released a platform made up of nine B2B networks and powered by Microsoft’s Azure. ... Read full article
PayNow Corporate enables corporations, businesses and government agencies to pay and receive funds instantly by linking a unique entity number to their Singapore bank account. ... Read full article
A cash management offering by Mastercard and Strand is the latest example of new answers to commercial clients' demands for better digital services. ... Read full article
The funding round comes on the heels of what BitPay cited as a record year in 2017 in processing more than $1 billion in bitcoin payments. ... Read full article
The investment continues a trend of banks focusing on commercial payments technology. ... Read full article
In a move to support its business-to-business payments platform, Visa has agreed to acquire software provider Fraedom. ... Read full article
The banks behind the Zelle network had more in mind than P-to-P payments between consumers, and BNY Mellon is beginning the network's evolution by targeting business payments market. ... Read full article
Some firms are investing in technology to help insurance clients shift to paperless payment processing. ... Read full article
American Express will become the exclusive issuer of Hilton Honors cobranded credit cards in January, taking over the entire portfolio it previously shared with Citigroup. ... Read full article
Since Zelle's earliest days as the clearXchange network, the banks behind the P-to-P platform have promised that it could have a role in the business world. U.S. Bank has begun the next chapter by offering Disbursements via Zelle. ... Read full article
Following an antitrust review that lasted almost a year, the approval would appear to cement The Clearing House's status as the front-runner in a race to modernize the U.S. payments system. ... Read full article
If you've ever walked past a film shoot, it's easy to see how much more there is to the movies and TV than just the star and director. There's often dozens or even hundreds of other people involved in the production — bit players, stunt ... Read full article
Corporate clients are increasingly asking their banks to help digitize back-office processes. Such a move can help both parties save time and money. ... Read full article