An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and significant investments in new, cloud-based products and services have legacy banks working intensely to meet customers’ digital demands. Get the...
Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a prime target for technology disruptors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
JPMorgan Chase & Co. will be focusing more heavily on reviving junk-rated firms in 2020, said reports on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Lendo, a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. The company is doing its business as an alternative to regular short-term finance by borrowing...
Hourly — a FinTech startup that helps with workers’ comp insurance, time-tracking and payroll for small businesses — has raised $7.15 million in a Seed funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Supply chain FinTech startup Tradeshift is cutting cross-border supplier-buyer transaction fees by tapping the public Ethereum blockchain, Coindesk reported on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Silicon Valley’s Sage Intacct is bringing its cloud-based financial management system to the U.K. following an August launch in Australia, the company announced in a press release on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
For corporates, moving money across borders is linked to no shortage of friction points, particularly as businesses elevate their demands for speed, visibility and predictability in their transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...