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...
Despite its ups and downs, bitcoin is still on the tip of everyone’s tongue as the currency that will change – and has already changed – the way we make purchases, sell goods, and make money. Now, the chatter is mounting about how the currency...
A year-old startup specializing in connecting businesses to interior designers has nabbed several million dollars in first-round funding. 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 to...
Approval rates for small business loans are at some of their most optimistic levels since the 2008 recession, new research shows – a trend that could spell trouble for small banks, credit unions and alternative lenders. Get the Full Story Complete the form to unlock...
It’s not often that governments are ahead of the curve when it comes to new technology, but the latest data show that federal programs around the world are pulling the public sector into electronic invoicing, resulting in millions of dollars in cost savings. Get the...
