Why do paper checks still dominate B2B Payments? According to Eric Mettemeyer, CEO at Store Financial, it’s because big banks, tied to important lines of credit, make it hard for innovative solutions to flourish that could jeopardize that revenue stream. Mettemeyer tells Karen Webster that...
Target’s recent fall to bankruptcy in Canada means bad news for a lot of people. The company filed for bankruptcy protection last month and announced it will close all 133 Canadian locations this Spring, meaning 17,600 Target employees will be out without a job. Get...
Industry experts – and consumers – were waiting for RadioShack’s fall, something many saw as a long time coming. When the electronic retail chain’s bankruptcy filing finally came, few were surprised. But many experts blamed RadioShack’s failure as a sign of e-commerce pushing out traditional...
With more than 120,000 users participating on the merely week-old site, YunQuNa.com seems to have tapped into a much-needed service. YunQuNa.com, based in China, launched operations with intentions of digitizing and streamlining freight forwarding processes. Get the Full Story Complete the form to unlock this...
The past two years have seen the exits of Standard Chartered, HSBC, Lloyds Bank and RBS from the small to medium enterprise sector in the United Arab Emirates. The exodus creates a unique opportunity for alternative lenders to cater to the small-to mid-size market. The...
For companies that do business on a global scale, supplier relationships can be complicated thanks to tax rules, currency exchanges and language barriers. But the hurdles don’t stop corporations from doing going international; Instead, those companies are now looking for payment solutions providers that can...
India-based pharmaceutical firm Cipla reported less-than-stellar stats for its fourth quarter, and the company is blaming the poor performance on its shift away from a B2B business model. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In the world of B2B, a common point of friction is the act of payment itself. And nowhere is that point of friction more acute than in B2B marketplaces where buyers and sellers meet to do business in a totally digital environment. Armor Payments has...
Late payments are a growing problem for suppliers across the globe. But in the UK, specifically, companies are seeing some of the worst of that trend. Some suppliers have reported buyers taking up to four months to settle invoices. The UK’s Institute of Directors announced...
