President Donald Trump’s chosen head for the Small Business Administration (SBA) will leave the post and focus on helping Trump’s re-election efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Late payments have had a ripple effect in the UK, as cash flow has gotten tougher to manage – and even covering employees’ paychecks has become an issue. QuickBooks has also found that self employed individuals struggle with cash flow problems even more often than...
CoinAcquiring is rolling out a bank account service targeting businesses in the cryptocurrency industry. A press release issued on Friday (March 29) said CoinAquiring, a U.K. consulting company providing fiat-to-crypto payment processing services, now supports the opening of bank accounts for companies in the sector,...
Electronic invoicing firm Basware announced that it has added a machine learning-enabled, predictive capability to its procurement technology. The idea for its Approval Confidence Index (ACI) was introduced during the company’s “hack day,” and is a score assigned to every item on a requisition to provide...
Small businesses (SMBs) make up more than 98 percent of the U.S. manufacturing sector, according to the National Association of Manufacturers. So when small business confidence takes a turn for the worse, the manufacturing sector is particularly impacted. Get the Full Story Complete the form...
FinTech has revolutionized the way traditional banks can implement and roll out new products and services to their customers, with banks’ complex infrastructures positioning “out-of-the-box” solutions as a competitive proposition for FinTech firms to offer their bank clients. Get the Full Story Complete the form to...
Unistream, an international money transfer company and bank based in Russia, has launched a corporate card with no annual fees for businesses in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba, but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. Below, see...
Point-of-sale financing is quickly becoming an attractive feature for consumers shopping online and in-store. Retail giants like Walmart are working with FinTechs to extend POS financing to customers, allowing shoppers to finance their purchases without accessing external credit that could impact credit scores. For sellers, POS...
