A federal magistrate judge ruled Saturday (July 13) that plaintiffs law firm Milberg Coleman Bryson Phillips Grossman would not be sanctioned at this time for submitting fake claims in an antitrust settlement with Visa and Mastercard. In his ruling, U.S. Magistrate Judge Joseph Marutollo said...
When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action. It’s not about the money moving around; it’s about the current friction associated with workflows and data handling that set...
Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate the market, in the recent survey, Main Street Health in Q3 2023 from PYMNTS Intelligence and Enigma revealed that 85%...
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied with their current processors. However, there are opportunities to make a mark with lower transaction...
March 26, 2024
When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action. It’s not about the money moving around; it’s about the current friction associated with workflows and data handling that set the stage for these payments. That’s where the magic — […]
October 17, 2023
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied...
September 29, 2023
Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to expand their client base must...
August 14, 2024
European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. A pair of trade organizations — the European Banking Federation and Payments Europe — say the proposal by the British Treasury was “potentially discriminatory” and a “risk to the integrity of national payments and retail banking markets in the EU,” the Financial Times (FT) reported Wednesday […]
July 15, 2024
A federal magistrate judge ruled Saturday (July 13) that plaintiffs law firm Milberg Coleman Bryson Phillips Grossman would not be sanctioned at this time for submitting fake claims in an...
October 12, 2023
Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to extend business-to-business (B2B) payment capabilities...
June 11, 2023
Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. The company announced Friday (June 9) that it had received a court order in a marketing practices and...
