The prospect of hiring cheaper labor overseas can be an attractive one to companies, but it’s not the only reason why firms may globalize their employees. But for all of its potential, international staffing can cause headaches come payroll time. According to Victor Lobo, VP...
Royal Bank of Scotland (RBS) is warning its corporate clients that it may soon be charging them to hold cash in their accounts, an unnamed source told Reuters this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Levvel has announced plans to acquire PayStream Advisors in a bid to boost its B2B payments expertise, the firm said. 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...
The message is clear: Automated, digital FinTech solutions can help businesses and financial service providers save money. But it may be more effective to actually show how much money can be saved. The latest research puts a price tag on the finances of better procurement, banking,...
Lending Club suffered a widely publicized downfall this year when its CEO resigned after revelations of potential improper lending practices. Three months later, reports have surfaced as to how those practices first came to light. Get the Full Story Complete the form to unlock this...
Hanover Stone and Baker Tilly have teamed up to uncover, identify and protect against vendor pitfalls that can bedevil the supply chain, as John J. Kelly of Hanover Stone and Brian Lane of Baker Tilly explain.
Corporate payments innovation tends to stick with the obvious transactions: payments to suppliers, business partners, employees and the like. It’s all about money flowing outside of the corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The consumer prepaid travel card, My Travel Cash, owned by payments company WEX, will shut down and has stopped taking new customers as WEX plans to refocus its business on corporates, according to reports. Get the Full Story Complete the form to unlock this article...
The U.S. is in a B2B startup lull, it seems. Some solid funding rounds made for more than $23 million in investments landing at startups across the globe, from Finland to Southeast Asia. None, however, went to U.S. B2B startups. Get the Full Story Complete...