U.S. federal debt has reached $22 trillion for the first time in the nation’s history, reports revealed on Wednesday (Feb. 13), raising new concerns over government spending and the economy’s ability to make up for tax cuts. Get the Full Story Complete the form to...
Amid the battle heating up between Ripple and SWIFT over payments infrastructure, SendFriend, a Ripple partner, gets funding for its cross-border payments efforts. Elsewhere, MUFG forges ahead with blockchain-based payment efforts.
Along with regulatory action from tax reform and tougher Know Your Customer (KYC) rules adding the pressure of complex red tape, public companies need to add one more compliance concern to their list: changes to accounting standards by the Financial Accounting Standards Board (FASB). Get...
Citi is launching a digital liquidity solution for corporate treasurers, the bank announced on Wednesday (Feb. 13). 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...
FinTech innovation has opened the floodgates for thousands of enterprise apps from which companies can choose. One of the most attractive characteristics of the enterprise app space is that out-of-the-box solutions can save on research and development costs, with companies rolling out enhanced onboarding and...
Fashion online marketplace Zilingo has announced a $226 million funding round, one of the largest for an eCommerce startup in Southeast Asia and a major show of support among investors for the company’s increasing attention on the B2B side of the market. Get the Full...
Payments messaging firm SWIFT announced on Tuesday (Feb. 12) that it will now allow corporates to join its KYC Registry in an effort to facilitate the sharing of data between companies and their banks. Get the Full Story Complete the form to unlock this article and...
Payment processing company Worldpay and enterprise software firm Sage Group are teaming up to expand corporate card payment capabilities for joint business clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Australian small business accounting company Reckon is shifting its competitive strategy against the industry’s top leaders, MYOB and Xero, reports in the Australian Financial Review said Tuesday (Feb. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
