RBS-owned NatWest is the newest financial institution to join Marco Polo, the blockchain-powered trade finance solution developed by R3. 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...
Expense report management software firm Certify announced its acquisition of Abacus, the leading real-time expense reporting solution. Financial terms of the deal are not being disclosed. The addition of Abacus to its product portfolio allows Certify — which supports more than 10,000 enterprise, mid-market and small business (SMB)...
Finlyte Partners has launched a new central office services platform that will provide Finance-as-a-Service (FaaS), consulting and capital for small to medium-sized businesses (SMBs). In addition, Oracle NetSuite will be its technology partner, joining the NetSuite Business Process Outsourcing (BPO) Partner Program. Get the Full Story...
The global financial services market’s modernization efforts are in full swing, and at the heart of this effort is to improve the visibility of cross-border B2B payments. And for the obvious reason: knowing that “payment is on the way” isn’t good enough anymore. Where it is...
U.K. retail giant Debenhams said it is not in a cash flow crunch following reports that insurers have cut coverage of the company’s suppliers, reports in Euronews said Monday (July 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
BMO Financial announced a partnership with Conferma on Monday (July 16) in an initiative to link corporate customers to virtual commercial card solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Oracle’s new blockchain service for the enterprise is now live, reports in Fortune said Monday (July 16). 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...
The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting. And that’s only the corporate...
A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including corporate lending) in sight. Elsewhere, not every bank is scrambling to link with a tech upstart – look to Hong...
