Corporate buyers often like using cards to pay suppliers more than their suppliers like accepting them. Interchange fees associated with card acceptance is a significant detractor from supplier acceptance, research shows. But a new initiative from Mastercard and U.K. payment service provider company Adflex aims...
U.S. FinTech Autobooks announced new funding to support its SMB banking solutions. 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...
A U.K. watchdog for the supermarket industry has found what she described as “shocking tactics” among the industry’s supplier payments practices, reports said Monday (March 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The paper check has a nasty reputation in B2B payments as a cumbersome, manual and risky payment rail. Yet data from the 2016 Association of Financial Professionals’ Electronic Payments Survey released last September actually found a 1 percent increase in corporates’ use of paper checks...
President Donald Trump said reducing Dodd-Frank regulations would benefit SMEs struggling to access financing, according to reports. 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...
Small business and startup banking company Penta, based in Germany, is teaming up with solarisBank for faster access to bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Only 13 percent say they’re willing to jump on the innovation bandwagon. Clearly, there’s still a long way for SMEs to go before they fully embrace...
Corporate spend management company Edenred is launching a new solution to help businesses gain greater visibility of their cash flow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Financial regulations forced banks to pull back from small business lending in the wake of the financial crisis as pressure to reduce risk exposure increased. Risk mitigation is also behind massive regulations like KYC and anti-money laundering rules. So while SMEs have faced a tough...