This new age of Open Banking and PSD2 has opened the door to collaboration between banks and FinTech firms — so, too, has it opened the door to cross-border efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Australian government is taking major steps toward overhauling the nation’s banking industry amid revelations of misconduct by top financial institutions (FIs), but small businesses (SMBs) will see a limited impact from the initiatives, reports said on Monday (Feb. 4). Reuters said that Australia plans to introduce...
Open Banking-as-a-service FinTech Bud has announced $20 million in Series A funding, the company said in a blog post on Sunday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Procurement technology firm Xeeva has announced a new patent pertaining to enhanced spend analytics, the company said in a recent press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
B2B commerce has a reputation for being slow to digitize and lagging behind the B2C eCommerce space, but considering analysis that forecasts U.S. B2B eCommerce to reach $9 trillion this year – more than twice that of B2C eCommerce – that reputation may need a...
Dutch bank ING is linking its small business (SMB) customers to alternative lending marketplace Funding Options, the firms said on Monday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
PwC has chosen the Koverse Intelligent Solutions Platform to integrate into its “Know Your Vendor” solution. By integrating with Koverse’s platform, PwC, which is one of the U.K.’s Big Four auditing firms, will “rapidly develop its innovative solution” to deliver unlimited scalability, cell-level data security...
FinTech has, in many ways, democratized technology once reserved for the largest enterprises, and reduced barriers for small business (SMB) adoption. The SMB community has seen this trend in areas like accounting and financial analytics, but one space where adoption of back-office software remains suppressed...
The ripple effects of PG&E’s bankruptcy may hit billions of dollars in outstanding supplier contracts as renegotiations loom. Elsewhere, Saudi Arabia is spotlighted amid late payments to suppliers.