Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Bó, the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report. Get the Full Story Complete the form to unlock this...
Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of complexities with shifting to remote work for many people, according to a Coveware blog post. Get the Full Story Complete...
Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than usual, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amid rising criticism over the loan effort, the Department Of Justice has reportedly discovered potential fraud among companies seeking relief with the Paycheck Protection Program (PPP). Assistant Attorney General Brian Benczkowski said prosecutors have reached out to 15 to 20 of the biggest loan processors...
For all of the happy life moments in which they appear, paper checks are unloved. So are paper invoices that precede them. The seeming incompatibility of paper and digital payments is somewhat of an illusion, however. In point of fact, most businesses of any size...
Businesses have a front-row seat to the market volatility resulting from coronavirus. As governments around the world work with financial institutions to connect these companies to capital, many firms are quickly recognizing just how drastically their financial worlds have been turned upside down. Get the...
With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Any business that trades internationally or manages a global workforce will be familiar with the pain points of traditional cross-border wires and bank transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
