In a move that bolsters financing for the supply chain of Gucci, Intesa Sanpaolo has inked a deal with the luxury goods group to ease financing for small companies that supply the firm. The Italian retail bank said it would apply the financing conditions that...
Talent enablement platform Oyster™ has announced its acquisition of cross-border hiring firm Carrom with the intent to boost Oyster’s cross-border hiring pool and offer new opportunities for customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bombay Stock Exchange (BSE) has relaxed guidelines for how Indian small- to medium-sized businesses (SMBs) can tap the capital market, loosening restrictions on net tangible assets and positive cash flow in order to jump-start the country’s virus-ravaged economy. Get the Full Story Complete the form...
To help banks bolster their trade finance business with corporate customers, LiquidX is rolling out a white-label deployment of a “next-generation” LiquidX 360 platform. The worldwide network for illiquid assets noted that the LiquidX Partner Program (LPP) lets corporate bankers provide multiple offerings — including supply...
Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most profound — and may ultimately be among the most long-lasting changes to the SMB community. Get the Full Story Complete...
Despite some drawbacks, legacy rails have mounds of potential to tackle a multitude of B2B payments friction points. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Facebook Canada has announced a series of initiatives to aid small- to medium-sized businesses (SMBs) during the coronavirus pandemic, including $3.5 million in grants, virtual training classes and new features to help promote SMBs across numerous apps owned by the social media giant, according to...
Payment solutions firm AscendantFX has introduced a new product, Payee Intel, which will make cross-border payments more efficient and reduce costs, according to a Tuesday (May 26) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
To continue its fast international expansion, TIS (Treasury Intelligence Solutions) notched $20 million in additional financing led by Aquiline Technology Growth. The funding round for the corporate payments and cash flow management cloud platform also included participation from 83North, an existing investor, according to an...
