Today in B2B payments, PYMNTS releases new data on corporates’ cross-border payments innovation needs, and Truist discusses an industry-specific approach to business banking. Plus, Funding Circle collaborates with Atom on small business lending, Credit Suisse addresses the ongoing Greensill fallout and iBanFirst secures new investment....
Synovus debuted its Synovus Accelerate AR platform called to increase access to working capital and decrease exceptions by the way of straight-through processing throughout every payment channel. The solution is offered with payments and business technology company Deluxe, according to a Tuesday (June 1) announcement....
Consumer fraud is an ugly beast, but often, individuals can sleep soundly knowing that instances of fraud are often covered by their banks. Corporates, however, don’t enjoy the same consumer protections, and there is no guarantee that a business will be reimbursed in cases of...
For decades, the competitive edge of community and regional banks is that these financial institutions (FIs) operate in the same neighborhoods as their clients. For business customers, that’s an important component of choosing a financial service provider that can not only provide the necessary products,...
In B2B, you cannot solve the payments problem without solving the data problem. They’re inextricably linked, especially when it comes to cross-border, large-ticket transactions. The payments are complex, and as Dean Leavitt, CEO of Boost Payment Solutions, told Karen Webster, there is always some element of...
Trade finance shop Supply@ME Capital will acquire TradeFlow Capital Management, a Singaporean player in the space that primarily serves small- to medium-sized businesses (SMBs), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Marlin Equity Partners announced a definitive agreement for a “growth investment” in iBanFirst, a provider of B2B cloud-based services traditionally offered by banks, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With a new incoming chair, Credit Suisse is looking at how to prevent top bankers from jumping ship, Bloomberg reported Friday (May 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.K. small business loan platform Funding Circle will work with U.K.-based mobile bank Atom, on a 300-million-pound (about $426 million) lending partnership, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
