In the U.K., a group representing small businesses said larger firms that are late payers should not get government business. Separately, Sears' bankruptcy filing dominates headlines surrounding the once-mighty retailer. Now, a lawsuit has been filed over claims of unpaid invoices.
A no-deal Brexit scenario would bury fleet companies in “red tape and paperwork,” according to the Freight Transport Association’s Head of European Policy Pauline Bastidon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Data intelligence firm Aktis is rolling out a cloud-based platform for banks to benchmark and analyze their market positions compared to industry peers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The National Bank of Canada, the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution. Rather than focusing on the actual finance of a trade agreement, however, the bank and CGI are working to facilitate...
Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship...
CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution. 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...
Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The business-to-business (B2B) buying experience has changed; there’s no doubt about that. The business-to-consumer (B2C) commerce landscape has had a massive influence on corporate buying habits, from sourcing through payments. It’s often described as the “Amazon effect,” as suppliers explore how to provide a consumer-like...
Reports that Sears was halting its payment to suppliers ahead of its anticipated bankruptcy may be just the beginning of vendor trouble for the retailer. The Chicago Sun Times said on Friday (Oct. 19) that one of Sears Holdings’ vendors is suing the company, claiming nearly...
