Today in B2B payments, American Express is considering small business lending in Australia, while Apple extends payment terms for suppliers of its retail locations. Plus, WEX Bank strikes fleet card deal, HSBC launches virtual debit cards in the UAE and China widens digital currency testing....
Keeping B2B supply chains running smoothly — and quickly — when cross-border commerce is involved requires payments flexibility and personalization. In the Global B2B Payments Playbook, Ragui Selwanes, director of business payments for Amazon Business, explains the value of configurable invoicing and virtual cards in...
FinTechs that decide to service the small and medium-sized business (SMB) community have a balancing act to perform. While many young and smaller firms face similar challenges and pain points, no two businesses are alike — which becomes especially true when a FinTech solution provider...
For large, global financial institutions (FIs), modernizing is no easy feat. 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 our daily newsletter, PYMNTS Today. By completing...
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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Third-party producers of products such as iPhone and iPad cases say that the new payment terms Apple is imposing will hurt their cash flow and force them to take back unsold merchandise, Britain’s The Telegraph reports. Get the Full Story Complete the form to unlock...
Today in B2B payments, Mastercard collaborates with SAP Concur in the Asia-Pacific region, while the U.S.’s “Buy American” procurement strategy raises questions. Plus, the U.K. considers accountability for corporate accounting, E2open goes public, and Greensill Capital presses pause on latest funding initiative. Get the Full...
In a development that is reportedly considered to be a banking first in the Middle East, HSBC has rolled out virtual debit cards for United Arab Emirates (UAE) companies, according to a press release posted on Zawya. Get the Full Story Complete the form to...
WEX Bank has inked a multi-year deal with NASPO ValuePoint, the purchasing division of the National Association of State Procurement Officials (NASPO), for its fleet card offering. NASPO is a nonprofit group focused on “advancing public procurement,” while WEX Bank is a wholly-owned subsidiary of...