Last month, Bank of America Merrill Lynch gathered hundreds of corporate executives together to discuss the state of the commercial card sector and where the industry is headed to make payments faster and easier for businesses. Get the Full Story Complete the form to unlock...
Suppliers generally offer a discount to customers if they are paid in a timely fashion — i.e., usually before the 30-day period after a payment is requested. Using a bit of lingo: If a supplier offers a “2 percent/10 net 30” timeframe, what that means...
Consumers don’t care about how much friction a business will face if they order goods from overseas. Thanks to eCommerce, shoppers want the products they want, from where they want. Businesses, on the other hand, are forced to face that friction head on, with both...
Some markets in the global economy have been anything but steady lately, and that’s posing some worrying obstacles for corporate money managers. In an interview with Finance Magnates published late last week, Citizens Bank Head of Global Markets Tony Bedikian explained that foreign exchange concerns...
Businesses haven’t yet fully integrated digital payment methods into their operations, but firms are increasingly turning away from paper and toward plastic for at least one mechanism, whether it be employee expense management or payroll. Get the Full Story Complete the form to unlock this...
The B2B ecosystem has been slowly pressing toward digitization, and procurement and B2B commerce is no exception. Innovators and service providers want to reduce the friction between corporate buyers and sellers, and buyers are demanding ways to shop for the businesses the same way their...
Accounts payable and payment automation firm AvidXchange said Monday (Sept. 14) that it has garnered a $225 million investment led by Bain Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Alternative lending is such a part of the mainstream that it’s easy to forget just how fast it has gotten so big. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Egypt is in the midst of rebuilding efforts. Its economy has been crippled amid political turmoil this decade, and new leadership has been working to prop the markets back up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
