As it ponders an IPO in the next two years, Sweden’s caller ID firm Truecaller has been piloting FinTech products to offer credit to small businesses, Bloomberg reported. The startup has been successfully extending credit to small business owners in India, and plans to expand...
Blockchain-enabled commercial payments platform Paystand entered into an initial partnership with JCB to offer the first end-to-end digital payments platform for JCB customers and Japanese enterprises. The proposed solution takes on a significant gap in Japan’s current B2B payments market, and provides the corporate subset...
To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds Banking Group is to make a special £35,000 ($45,547.60 USD) payout to 191 fraud victims. Lloyds’ Managing Director Jo Harris...
After reportedly assuring they would aid them in spending less on gas, the Federal Trade Commission said that U.S. fuel card firm FleetCor Technologies Inc. billed clients hundreds of millions in “hidden” charges. The agency asked a federal judge in Georgia through a court filing to...
With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Startups helping other businesses to manage their financing proved popular with investors, but it was a Vietnamese...
To move a B2B transaction from one market to another, the global interbanking system is far from a perfect strategy, though it remains the standard in cross-border payments. As speed, transparency and security continue to grow as irrefutable requirements in B2B payments, the payments technology...
Payroll and insurance are two areas in which technology startups have brought disruption to the fold, but challenges in these markets are rarely tackled simultaneously. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Online accounting software provider QuickBooks is now part of the Starling Business Marketplace, Starling Bank said in a blog post on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Garanti BBVA has rolled out a QR code service to facilitate transfers and cashless, cardless deposits and withdrawals for businesses, the company announced in a press release Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
