UK-based processor Kalixa has acquired PXP Solutions, a 27-year-old privately held UK-based merchant processor, according to lawyers involved in the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The global engineering and construction company Fluor Corporation recently wrote a blog post about the success its found in Europe in terms of optimizing cash management. According to Fluor Finance Director Martin Blom, through his organization’s financial partnership with the ING Group, they have transformed...
Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. Get the Full...
Taxi driver in London are mad as hell, and not going to take it anymore, according reports in Business Insider. Taxi drivers are planning to move ahead with a protest aimed at shutting down large sections of central London with traffic, congestion, noise and chaos over...
Finland is hoping to establish a real-time payments system and is looking for partners to build it with. The country’s current system “Pops” has been in place since the 1990’s and rapidly becoming obsolete, according to the Federation of Finnish Financial Services, which maintains the platform,...
The newly convened Euro Retail Payments Board (ERPB) is getting ready to create to working groups. The group’s area of study will be the role of mobile and ‘innovative’ payments methods. This will follow on the heels of the Eurzone’s SEPA migration. Get the Full...
Skrill, a European e-wallet provider with 35 million users and Yandex.Money, the largest electronic payment system in Russia with 13 million users, signed a partnership last week which will enable Skrill to expand into Russia. As part of the deal, Yandex.Money will be integrated in...
A drive to reduce operating costs is motivating more companies to pursue eInvoicing strategies. However, a new report cites concerns over data security that has many organizations turning to third parties using cloud-based electronic billing services.
SEPA has dominated the headlines in Europe for years, and as the 2016 deadline approaches, more and more questions are being raised about its impact on B2B payments. Here’s the latest on what’s happening and what it means for businesses across the globe?
