By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. But every few weeks, the industry roars back with an impressive investment streak. This week, alternative finance companies raised more than $77 million in...
Nesta has announced the 10 winners of Stage 1 of its Open Up Challenge, a competition in the U.K. for developers of FinTech targeting small business banking disruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The eyes of the financial services world are on the EU’s upcoming PSD2 regulations, with many jurisdictions watching how the European market evolves and responds to regulations that support data sharing and open banking, while maintaining data security. But there’s another, less talked-about regulation coming...
New research from merchant banking group Close Brothers suggests U.K. small- and medium-sized businesses (SMBs) are still largely struggling to access financing, despite a recent influx of competition in the banking and finance space. Get the Full Story Complete the form to unlock this article...
With the procurement function now a critical component of strategic corporate growth, procurement executives have earned a seat at the business leaders’ table and are now taking part in conversations surrounding the overall digital disruption of the enterprise. Get the Full Story Complete the form...
Corporate expense management company Divvy is targeting expense fraud with its new platform, the company announced Wednesday (Dec. 13). 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...
A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger banks in the U.K., many of which were designed specifically to address the needs of small- and medium-sized businesses (SMBs). As the country...
First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Two challenger banks in the European Union — U.K.-based Arro and Germany-based Penta — both announced Tuesday (Dec. 12) that their small- and medium-sized business (SMB) account services have launched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
