The U.S. banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder...
In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the government shutdown impact lingers as workers and contractors are still waiting to get paid.
The American Institute of CPAs (AICPA) has asked the Internal Revenue Service (IRS) to exclude some small businesses (SMBs) from being treated as tax shelters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Perhaps the most poignant moment in this evolution came about last week when JPMorgan Chase announced the development of the JPM Coin, the first bank-backed cryptocurrency in the U.S., which the institution...
The global insurance technology (InsurTech) market is slated to become a $1.1 billion industry by 2023, analysts have predicted, with growing analytics and artificial intelligence (AI) functionality accelerating innovation in the insurance market. Get the Full Story Complete the form to unlock this article and...
Capital One has announced the launch of Business CreditWise, an online tool that enables U.S. businesses to check their credit profiles. According to a recent Capital One survey, nearly 31 percent of small business owners have either never heard of business credit reports or are...
Yet another challenger bank is slated to launch in the U.K. 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 Today. By completing...
Bitwage, a FinTech that enables professionals to be paid in bitcoin and other currency from their employers, is rolling out a new service for freelancers to more seamlessly be paid, regardless of which freelance platform they use. Get the Full Story Complete the form to...
Order-to-cash software provider HighRadius is turning to artificial intelligence to enhance the accounts receivable process. 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,...
