Deloitte has been an early embracer of blockchain technology, and 2016 was a busy year for the consulting firm in the space. Earlier this month, Deloitte revealed an investment in blockchain startup SETL, a U.K. firm that uses distributed ledger technology for payments and settlement....
Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch...
There seems to be no shortage of action in the corporate banking space, whether it be scandals (like Royal Bank of Scotland’s Global Restructuring Group fiasco), cyberattacks (such as the $81 million stolen from the central bank of Bangladesh) or anomalies like Brexit impacting top...
Staples Business Advantage, the B2B eCommerce unit of the office supplies company, is ramping up its attention to machine learning in an effort to boost performance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Some of the largest banks already involved in blockchain development are now in a race to snatch up patents from the technology, reports said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Royal Bank of Scotland may be the bank most happy about the end of 2016. 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 newsletter,...
Earlier this month, marketplace lending site Biz2Credit released the findings of its most recent small business lending index. The data revealed that SME loan approval rates at big banks were at an all-time high, hitting 23.7 percent in November. Small banks saw their loan approval...
This year was a period filled with payments innovation that saw no shortage of impact on the B2B payments space. For accounts payable professionals, that means new tools and technologies to automate processes and tackle some of the biggest challenges in this area: late supplier...
The emergence of B2B payments technologies, like virtual cards and accounting automation, can surely benefit any organization. But nonprofits, burdened by higher compliance requirements than many other businesses, could stand to gain the most from the most cutting-edge innovations. Get the Full Story Complete the...
