Business is booming for cybercriminals that target businesses by pretending to be a legitimate supplier and sending a fake invoice. Reports emerging from Australia suggest that this scam isn’t isolated to the private sector. Get the Full Story Complete the form to unlock this article...
B2B finance automation firm Oildex, which specializes in the oil and gas sector, only acquired procure-to-pay service OpenInvoice in June, but already the unit is getting an upgrade. Reports yesterday (Aug. 17) said that both OpenInvoice and Spendworks are rolling out new features, the first...
The global market is not too confident about China’s economy these days. Amid stock market tumbles and currency devaluation, China is experiencing a slowdown in economic growth. The situation has complex ramifications for business players in the market and among them is the emergence of shadow...
They may call August the lazy days of summer, but don’t tell the team at iwoca that - they just secured $20 million in new venture funding and their CEO is on tour in Asia with the U.K.’s Prime Minister. They’ve been a bit under...
A decade ago, New York Times columnist Thomas Friedman gave birth to an intellectual debate with his declaration that globalization – driven by technology and the digitization of business and trade — had rendered the world effectively “flat.” Get the Full Story Complete the form...
Last week, the American Accounting Association published findings of its corporate treasury research that found for-profit companies are more likely to hire someone that shows a willingness to manipulate financial data for the purpose of making a corporation’s books seem more appealing to investors. Get...
U.K.-based startup MarketInvoice has just secured a multimillion round of investment, a signal that venture capitalists are putting their faith behind the company’s unique business model. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Two payment processors are teaming up to provide accounts receivables management services in an effort to streamline and automate the way businesses get paid. Reports published late last week said U.S.-based Heartland Payment Systems is teaming up with Canada-based VersaPay to launch a cloud-based AR...
Last Friday (Aug. 14), Chinese Internet conglomerate Tencent revealed that it would be launching a credit rating service and using social media sites to make its credit assessments more robust. According to reports from Bloomberg, the tactic signals a growing trend in the nation among lenders...
