Until quite recently, small businesses (SMBs) have been stuck with their financial institutions (FIs) either providing them with sophisticated, expensive treasury management offerings or simply making do with banking services designed for individual consumers. Banks have quickly figured out that their business-to-consumer (B2C) services can’t...
Corporate finance executives and financial service providers quickly acknowledged a dramatic change in the treasury department: Over the last decade, the corporate treasurer has become a strategic component of the enterprise, driving growth in a challenging, constantly changing market. Get the Full Story Complete the...
Small business (SMB) ownership is preparing for a shakeup in the coming years as more entrepreneurs plan to exit and sell their companies between now and 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.S. small business (SMB) owners and freelancers are speaking out about their late B2B payments experiences in a new report by the Associated Press published Wednesday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In business banking news, the U.K.’s Financial Conduct Authority (FCA) plans to propose an extension of its jurisdiction from serving individuals and micro-businesses to also include small and medium-sized businesses (SMBs). The proposal comes in the wake of multiple small business banking scandals, reports in...
Zelle, the peer-to-peer (P2P) payments platform deployed by more than a dozen financial institutions to take on competing offerings like Venmo and Square Cash, is stepping into the world of corporate payments through a new offering by U.S. Bank. Get the Full Story Complete the...
Small- and medium-sized businesses (SMBs) often lack visibility into how their traveling employees are making payments and spending company money, finds a new survey from the Global Business Travel Association (GBTA) Foundation, which was released on Tuesday (Oct. 31). Get the Full Story Complete the...
Accounts payable (AP) firm MineralTree is teaming up with Western Union to help companies pay suppliers overseas. 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...
After years of doubt, financial professionals are trusting the cloud. Research released last month by Adaptive Insights found 73 percent of surveyed CFOs trust the cloud to host their financial data today. That trust has permeated the financial services industry, too, as banks begin to...
