Paying suppliers overseas is no cakewalk, especially when it comes to making sure the accounts payable department complies with all the different tax regulations across jurisdictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
For the first time this year since data had been collected on the matter, on-demand ride-share service Uber provided trips to more business travelers than traditional taxis did. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cybercrime is on the rise, and small businesses in particular are facing waves of new Internet theft. B2B buyers, for example, are under threat of security breaches that allow criminals to hack into email and pose as a legitimate overseas supplier, demanding payment to settle...
Small businesses across Europe have made it clear that they are strongly opposed to new tax regulations implemented this year that affect how these companies are taxed through the VAT system when providing digital services. Get the Full Story Complete the form to unlock this...
The B2B arena is marked by heady technological change and innovation – yet when it comes to working capital management and real time analytics, much is left to be done, especially for SMEs. Here’s how one CEO, Max Eliscu, with two companies under his command,...
Last month, Bank of America Merrill Lynch gathered hundreds of corporate executives together to discuss the state of the commercial card sector and where the industry is headed to make payments faster and easier for businesses. Get the Full Story Complete the form to unlock...
Suppliers generally offer a discount to customers if they are paid in a timely fashion — i.e., usually before the 30-day period after a payment is requested. Using a bit of lingo: If a supplier offers a “2 percent/10 net 30” timeframe, what that means...
Consumers don’t care about how much friction a business will face if they order goods from overseas. Thanks to eCommerce, shoppers want the products they want, from where they want. Businesses, on the other hand, are forced to face that friction head on, with both...
Some markets in the global economy have been anything but steady lately, and that’s posing some worrying obstacles for corporate money managers. In an interview with Finance Magnates published late last week, Citizens Bank Head of Global Markets Tony Bedikian explained that foreign exchange concerns...
