Payments messaging service SWIFT has received clearance to provide access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) payment scheme, the company said Tuesday (Aug. 7). In an announcement on its website, SWIFT said that, beginning Nov. 30, financial services customers can connect to the TIPS...
In FinTech‘s never-ending path to combating friction, B2B solution providers often take one of two approaches: design a holistic solution that allows a company to entirely replace an entire function with a single, streamlined tool, or design a solution that zeroes in on one particular...
Alternative lending player Skippr has landed new funding, a sign that investors are still supportive of the industry after concerns were raised over alternative finance’s high interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. However, the Federal Reserve‘s latest analysis...
The revelation that U.S. businesses, more often than not, pay their suppliers via paper check still draws quizzical reactions from professionals abroad. The corporate and financial services communities in the U.S. understand that paper checks are slow, expensive and risky, and yet they endure. The...
GoCardless is expanding into Australia in an effort to support direct debit B2B payments to suppliers, reports in IT Wire said on Monday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Corporate travel platform Concur, owned by SAP, has integrated listings from home-sharing service Airbnb into its platform. 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...
Visa is expanding its presence with small businesses in Kenya through a new partnership with alternative lender Branch International, a mobile small business lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Australian money managers are finding an opportunity in enterprise and small business lending as regulators crack down on the country’s traditional banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
