Tax reform played a key role for several corporate successes in the first quarter of 2018. Most recently, Verizon, Freddie Mac and Publix all attributed the regulatory initiative to strong first-quarter performance, while TD Bank research published in March also found corporate treasurers to be...
In the latest accounting scandal to hit a major global corporation, Samsung’s biotech unit, Samsung BioLogics, suffered a $6 billion market value loss on Wednesday (May 2) after South Korea’s financial regulator revealed evidence the company violated accounting rules, according to Reuters reports. Get the...
Large banks in the U.S. are facing increasing competitive risks that threaten their position with small business (SMB) customers, according to new analysis from FIS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Lyft made progress over its rival Uber this year when corporate travel and expense management firm Certify released data that found a 9 percent increase in the percentage of Lyft ride-hailing trips expensed on its platform. Get the Full Story Complete the form to unlock...
As more businesses go global —paying each other across borders — they’re learning that getting payments where they want them to go quickly, predictably, transparently and affordably is not always easy. Billtrust and Flywire pair up in the hopes that together they can solve the...
As corporate buyers embrace the strategic value of a stronger relationship with suppliers, finance executives are paying more attention to the technologies used to pay vendor invoices. This is no easy task: While nearly two-thirds of suppliers surveyed by Receivable Savvy in 2016 said they...
Virgin Money released its first quarter financial data this week, noting that it surpassed expectations despite the costs associated with introducing small business financial services earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
China-based alternative small business lender China Lending Corporation released its Fiscal Year 2017 results this week, revealing financial difficulties and plans to prepare for more challenges ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Acknowledging Small Business Week, New York Congresswoman Nita Lowey (D-NY12/Rockland-Westchester) introduced legislation into Congress to expand consumer credit card protections for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...