Alternative finance is back in the game! After a few months of lackluster performance with venture capitalists, alternative lending startups have won big this week thanks to two deals totaling more than $80 million — a figure expected to rise even higher. The startups that...
FinTech firm Fundflow and payments firm Wirecard have teamed up to launch invoice discounting for the smallest enterprises (including freelancers). Fundflow MD Joachim Kaune discusses the advantages of fast payments and discounted invoices in managing cash flow.
Know Your Customer regulations can mean corporations have to wait as long as three months — yes, months — to get onboarded to a new bank. Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is...
In a first-of-its-kind solution for the credit card giant, Mastercard has reportedly launched a new mobile app for small businesses in Hong Kong to facilitate B2B trade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
New details have emerged about The Clearing House’s (TCH) real-time payments rollout, planned to hit the U.S. next year. 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...
East & Partners had some bad news for SMEs earlier this year: The majority of small businesses aren’t making FX exposure mitigation a priority. In its latest report, East & Partners has even more bad news. Get the Full Story Complete the form to unlock...
Singapore is home to SMEs with sophisticated cash management strategies. New research from East & Partners placed this market at the top of the list when it comes to the penetration of FX risk mitigation tools, like options and forwards, among local SMEs, which comes...
The latest UK Cyber Risk report from Marsh shows that cyber risk is becoming top of mind for financial professionals. But being aware and doing something about it may be two different things — and many firms are overlooking supply chain vulnerabilities.
Same Day ACH is ready for its debut at the end of the week, and for some, its launch signals the next step for the payments industry to become faster and more digital. In B2B payments, those characteristics could have a significant impact on supplier...
