India-based financial services provider Reliance Capital has announced it will exit the lending market. 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 our daily newsletter, PYMNTS...
More than a year after Fitch Ratings raised concerns about a “loophole” allowing corporates to obtain supply chain financing without classifying it as debt, Moody’s has issued its own warning over the financing solution. Get the Full Story Complete the form to unlock this article...
Less than a year after launching its corporate virtual card solutions, Australia-based DiviPay has announced new funding from the venture capital arm of ANZ Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier base. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in The East African said last week. The U.S. Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the...
American Express has announced a new incentive for small businesses to sign up for its Amazon Business Prime American Express Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
California-based ForwardLine Financial announced that it has raised $20 million in growth capital, led by Five Oceans Capital and Marsico Enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cloud banking technology provider nCino will help U.K. financial institution Santander digitize its small business, corporate and commercial banking units, according to a press release on Thursday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
