Electronic invoicing company CloudTrade is promoting digitization within the hospitality industry’s procurement space and has tapped procure-to-pay company Marketboomer to help. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Some Sears suppliers are refusing to work with the company, while others are demanding more favorable payment terms, as they struggle to find affordable accounts receivable insurance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Non-financial business lending in the U.K. has dipped significantly, according to new data outlined by Business Matters, with European funds also pulling back from the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
HSBC U.K. has reportedly frozen some small business (SMB) bank accounts, according to news reports from Reuters. 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 daily...
Small business lending in the U.K. took a major downturn in July, according to new figures, with financing dropping by $900 million in a single month. According to the Federation of Small Businesses’ Head Mike Cherry, the trend is both a reflection of declining demand...
Open APIs are finally making their mark in the financial services space, shifting the approach to everything from product development to security. Some of the most acutely felt disruptions are in corporate banking, a space that traditionally lags behind consumer financial services in terms of...
The alternative lending sphere has fallen out of favor with venture capitalists, according to CNBC reports this week. BlueVine CEO Eyal Lifshitz told the publication that there has been a shift in how alt-lenders get financed, with backers now looking more closely at the “viability...
The cyber insurance market is expected to grow, by a lot. Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit $7.5 billion in annual premiums by the end of the decade (and at least $5 billion by next year). Get the Full Story...
Accounting software firm MYOB, based in Australia, has released its six-month financial reports, posting $22.4 million in after-tax profits. According to reports, the company’s small business segment attributed to much of that performance. Get the Full Story Complete the form to unlock this article and...
