Researchers found a $1.5 trillion gap in available trade finance around the globe, a void that may be holding small and medium-sized businesses (SMBs) back from international expansion. Now, new research from WorldFirst suggests a dramatic decline in the number of SMBs trading across borders....
The lenders of government contractor Carillion knew for months that the company’s financial downfall was coming, according to reports from The Guardian on Saturday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Enterprise cybersecurity company Bugcrowd announced a funding round late last week for its solution that crowdsources cybersecurity for corporations. 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...
Payroll and human capital management company Paychex is growing through the acquisition of industry peer Lessor Group. 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...
Of all the loan options available to small businesses today, the merchant cash advance (MCA) may not be a borrower’s first choice. Like the payday loan, the MCA has a reputation for high fees, and is sometimes the only option for borrowers with poor credit...
Canada has spent CAD $1 billion (about $780 million) on a government payroll solution operated by IBM, but reports in Bloomberg on Thursday (March 1) said officials are nixing the project. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Payments company Wirecard has launched a new partnership with B2B networking platform Mercateo in a deal that will see the firm power B2B payments on the collaborative platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. American Banker reported last December that Silicon Valley Bank Head of Payments Strategy and Solutions Reetika Grewal predicted B2B payments to be one of...
TransNational Payments is launching a payments application programming interface (API) for developers, the company announced on Thursday (March 1). 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...