In corporate payments, the term “silo” is synonymous with “headache.” The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Get the...
The story of buyers and suppliers — particularly enterprise-size buyers and SMB suppliers — is a familiar story no matter where in the world one is telling it. The supplier sends the goods and then they wait for payments — generally for a long time....
The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A backlash against lengthy payment terms for grape growers may be fermenting in Australia. Elsewhere, in the U.S., some political campaigns appear to be stretching payment terms, and late payments continue to plague the U.K., especially for government contracts.
Gusto’s payroll technology secured the largest investment round of the week with $200 million. But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade...
U.S. lawmakers submitted a bill to Congress Wednesday (July 24) in an effort to reauthorize the nation’s Export-Import Bank for the next decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As payments accelerate, the window of opportunity for financial service providers to identify and shut down a fraudulent transaction narrows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Small businesses in the U.K. accelerated their bank-switching in the second quarter of 2019, with twice as many small and medium-size businesses (SMBs) taking advantage of the Current Account Switch Service (CASS) compared to the second quarter of 2018. Get the Full Story Complete the...
The Chinese market presents a formidable, but also somewhat irresistible challenge to any payments and commerce player standing on the outside looking in. Formidable because from both a regulatory and consumer interest point of view, there isn’t a surplus of easy inroads into the market....
