B2B Payments

B2B Payments
Australian Commission Finds ‘Unconscionable’ FinServ Practices
April 30, 2018

After increased pressure on the Australian government to crack down on misconduct in the banking industry, a Royal Commission released preliminary findings of its financial services probe, highlighting “unconscionable” conduct by the nation’s largest listed wealth manager, reports in Reuters said on Friday (April 27)....

B2B Payments
Treasurers Overconfident On Cyber Defenses
April 30, 2018

With a threefold increase in the number of corporates who had been hit by a ransomware attack in the last year compared to a year prior, corporate treasurers have been forced to swallow the large, uncomfortable pill of the threat of cyberattacks and fraud on...

B2B Payments
UK Corporates Brace For Weaker Sterling, Slower Economic Growth
April 30, 2018

Market volatility and uncertainties linked to Brexit seem to have hit corporate spending in the U.K. harder than expected, reports in Reuters said Friday (April 27), as the sterling hit a two-month low against the U.S. dollar. Get the Full Story Complete the form to...

B2B Payments
Korea’s Top Crypto Exchange Joins Blockchain Procurement Project
April 30, 2018

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
IPO Surpasses Expectations For Payroll Firm Ceridian
April 30, 2018

The latest payroll company to go public had a promising debut last week on the New York Stock Exchange, according to reports in StarTribune. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
UK Official Calls For Late B2B Payment Fines
April 27, 2018

U.K. officials continue their fight against late B2B payments, with Small Business Commissioner Paul Uppal now calling on the government to fine companies that pay their suppliers late. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Deutsche Accelerates Corporate FinServ Cutbacks After Disappointing Q1
April 27, 2018

More bad news surfaced for Germany’s largest lender, Deutsche Bank, after posting disappointing first-quarter results, the BBC reported on Thursday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
WEX Expands Freight Payments Presence In Brazil
April 27, 2018

Corporate payments company WEX is expanding in Brazil through a partnership with Raízen, a press release from the company issued this week said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
TSB ‘On Its Knees,’ Hires IBM To Address Meltdown
April 27, 2018

TSB continues to face the fallout from a meltdown of online banking services to small businesses (SMBs) and consumers after a botched IT system upgrade. The U.K. challenger bank has now called in IBM to help fix the problem. Get the Full Story Complete the...