The interbank messaging firm SWIFT has had a rough few months. Cyberattackers were able to steal $81 million from the Bangladesh central bank by compromising the SWIFT messaging system, forcing the company — and financial services players everywhere — to take a renewed look at payments...
FICO is best known for its consumer credit rating services, but the company revealed Tuesday (June 14) that it will launch a new product that rates the security of corporations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Accounts payable automation can provide an array of solutions to some of the most friction-rich business processes. From saving money by ditching paper to gaining a more sophisticated view of cash positions, AP solutions are adopted for different, often multiple reasons. Get the Full Story...
Commercial cards are slowly catching up to consumer cards when it comes to innovation, with some being supported by mobile wallet solutions and others morphing into virtual card solutions for better spend visibility. According to new research from Capital One, corporate treasurers have their eyes...
Western Union Business Solutions is targeting Hong Kong SMEs in an effort to support their interest in FX hedging and risk mitigation. A report on Tuesday (June 14) said the company is launching a new product in Hong Kong, FX Options, that will service small...
Automating the accounts payable process has become a paramount priority for businesses looking to achieve top-tier performance levels. Integrating automated solutions is often talked about in terms of managing suppliers, gaining visibility into major expenses and deepening the understanding of where corporate cash ends up....
Industry analysts agree that late B2B payments threaten the survival of small and medium-size enterprises. Often operating within thin margins, sometimes without easy access to working capital financing, SMEs can go defunct when an invoice remains 60, 90, 120, or more days without being paid....
Bank of America Chief Executive Brian Moynihan is speaking publicly about the potential negative implications of bank stress tests. Reports by The Wall Street Journal this week said the executive is warning that stress tests could force financial institutions to tighten their purse strings when it comes...
MasterCard has collaborated with the State Bank of India (SBI) to launch a commercial card solution aimed at a certain niche of the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
