Two supermarket conglomerates are teaming up and combining their leverage to get better payment terms from their suppliers. Reports in Reuters on Sunday (July 1) said France’s Carrefour and the U.K.’s Tesco, Europe’s largest grocer groups, are forming a global purchasing alliance that would enable...
Amid talk of enterprise digitization, discussions about paper invoices and checks persist. New research suggests a vast divide between businesses that have embraced technology and electronic processes in the accounts payable department and businesses that instead prefer to retain those paper invoices and checks. Get...
Strong cash flow among U.S. small businesses means less demand for financing, and trend is reflected in the latest figures from Pepperdine University‘s Graziadio Business School in conjunction with Dun & Bradstreet. Get the Full Story Complete the form to unlock this article and enjoy...
It’s not just the U.K. that sees an increase of late payments – right into Independence Day, the former colonies see their own rising tide of missed (payment) terms. Plus, gig workers will walk if they do not get paid on time ... and the Kroger...
The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. Get the Full Story Complete the form to...
Blockchain firm we.trade announced today (July 2) that it has facilitated its first real-time trade transactions on its blockchain platform. A press release issued by we.trade to PYMNTS said 10 companies executed trades using four banks, all facilitated by we.trade’s infrastructure, which uses IBM‘s Blockchain...
Payment security technology provider Wibmo is rolling out an upgraded anti-fraud solution for its bank customers to safeguard their electronic payments services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.K. Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. According to reports, the group is taking a cautious approach to the technology. Get the Full Story Complete the form to...
Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
