SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments, and Square circles a banking license, again.
Nordic financial services firm Nordea is introducing a new solution to provide corporates with a streamlined financial reporting solution powered by Open Banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The payments industry has been talking about the digitization of B2B transactions for years, maybe decades, with not much of a nudge of that needle. While a stubborn reluctance among businesses to let go of manual processes in accounts payable and accounts receivable continues to...
Tradeshift, a company that provides supply chain payments and digitization solutions, announced the acquisition of partner Babelway on Tuesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As far as B2B FinTech goes, much attention has been paid to empowering a range of processes, including accounts payable, expense management and financial analysis — many of which had previously been a part of the Enterprise Resource Planning (ERP) solution. Get the Full Story...
In South Korea, government agencies are taking a look at blockchain for use in marine logistics activities, with an eye on making supply chains more efficient. In New Zealand, blockchain is examined as a way to boost the economy and “IT exports.”
The Visa Ready Program for Business Solutions is growing with the addition of the Extend platform into its offering. 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...
The fallout from the alleged accounting scandal at U.K. café chain Patisserie Valerie continues, with the firm’s delayed payments to suppliers causing a stir. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
For small- and medium-sized businesses (SMBs) in need of capital, bank loans are undoubtedly the first place they look. Alternative finance players, including online loan marketplaces and crowdfunding portals, are also gaining traction, while friends and family still remain a popular source for SMB owners,...