New research from the Association for Finance Professionals (AFP) found that the median cost of a check transaction for a business is $3.00 — twice the cost of a transaction made via purchasing card. Get the Full Story Complete the form to unlock this article...
B2B global payments service provider Currency Cloud is greasing its money-moving engines with a new update to its API. 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...
In the wake of the financial crisis, much of the small business lending market saw traditional banks stepping away, leaving room for alternative lenders to take their place. The trend saw some placing the blame of the SME funding gap on these traditional lenders. But...
In the U.S., there isn’t really such thing as an unbanked business — except when it comes to the legal marijuana industry. As individual states begin passing laws that allow for small businesses to launch marijuana sales, national banks have turned away from these companies...
There’s a trade finance gap as SMEs seek access to capital to fund everyday operations and to grow. But many of these companies don’t get a chance to use trade finance. Here’s what Vincent O’ Brien, of the International Chamber of Commerce, says the trade...
Unless you have been hiding under a rock, you know Oct. 1, 2015, was the deadline for the “liability shift.” After Oct. 1, the party that caused a non-EMV transaction to occur (i.e., either the non-EMV card issuer or the merchant that does not have...
India-based Axis Bank wants to enhance its connectivity to corporate customers, even when they aren’t near a computer. Reports on Friday (Oct. 9) said the bank has released several new solutions for corporate banking customers, and they’re all designed for the mobile device. Get the...
Fifth Third Bank has struck a new partnership with Bottomline Technologies in the name of B2B payments. In a press release offered late last week, Bottomline Technologies, which offers cloud-based payment and invoice solutions for businesses, said it will be working with Fifth Third to...
Bitcoin tech innovators at Ripple are taking their blockchain connectivity ambitions to the bank. CoinDesk reported late last week that the group is bringing its solution to move money faster to market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
