Following the collapse of the U.K.’s largest contractor, construction conglomerate Carillion, new data shows a major spike in the number of construction companies facing financial struggles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Money matters, and especially for SMBs, where capital is key for growth. A few initiatives and partnerships across the globe show that FinTech and banks are eying fertile ground when it comes to smaller firms, leveraging technology to lend money – and expertise.
India’s banking sector, like others around the globe, is in the midst of a digital overhaul. Businesses are largely behind the push, with government initiatives promoting a digital economy and FinTech innovators targeting corporate payments and finance in addition to their consumer-focused endeavors. Get the...
State-run NTPC, India’s largest energy utility, is rolling out a mobile solution for its suppliers to track the progress of payments on their way to accounts receivable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Blockchain is a moneymaker – in the short-term, at least, as hype continues to draw investors. The industry, which saw a $411.5 million valuation last year according to analysts, could reach a $7.6 billion market valuation by 2022. Get the Full Story Complete the form...
U.K. challenger bank Virgin Money could become one of the country’s largest financial institutions should it proceed with a takeover bid, according to Reuters reports on Tuesday (May 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Money transfer company TransferWise is adding batch payment support for payroll and corporate transactions. 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...
The risks companies expose themselves to via their supply chains cannot be overstated: from supplier insolvency, to failure to deliver products, to noncompliance, to cyberattacks and warfare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Phishing, whaling and the tried-and-true methods of stealing money from companies via internal pilfering all made headlines this week. The FBI gave us a high-level view of how pervasive the threats are, while local stories showed the impact fraud can have on smaller players, where...