The electronic invoice is considered one of the most simple, yet crucial, ways for companies to streamline their procurement practices. With so many benefits cited by industry experts of the e-invoice — increased transparency, cost savings and faster payments, to name a few — it’s...
Smaller companies have a demand for trade and invoice financing, but their need to borrow lower volumes of cash makes them less attractive to many lenders. That’s why Vecron Lordstock Group says it launched an independent trade finance group. Get the Full Story Complete the...
United Arab Emirates-based spend management and procurement service provider Tejari has unleashed its next-level tool for businesses. Dubbed BravoAdvantage, the new procurement platform was built to strengthen visibility into corporate procurement practices and relations with suppliers. Get the Full Story Complete the form to unlock...
Institutional investors are considered by some analysts as key to the survival of the alternative finance industry. As alternative lending to SMEs declines, institutional lending to those businesses is on the rise — and many of them are increasingly using alternative lending platforms to flow their investments into...
U.K. policymakers have been moving forward with plans to strengthen the economic position of small businesses, from implementing the bank referral scheme to increase SMEs’ access to alternative finance to cracking down on late payments by large corporate buyers to their small suppliers. Get the...
As eCommerce surges, and EMV gathers steam, so too will hacking attempts on CNP activity. CA Technologies says additional layers of security are needed, in real time, to weed out risky transactions.
Whether it’s online or in person, purchasing cards are being used pretty much everywhere. Kevin Phalen, Managing Director at Bank of America Merrill Lynch, shared with PYMNTS his firsthand perspective on the global expansion of procurement cards, and what lies ahead in the space.
Last week, PYMNTS featured the B2B invoice scam, a growing phenomenon in which cyberthieves hack into company email accounts or impersonate officials within a corporation to falsify invoices. The scheme leads companies to unknowingly pay the criminal, while under the impression that they are paying...
Canada’s alternative small business lending market is slowly being saturated with new competition, and the industry has earned a new wave of attention thanks to U.S.-based OnDeck’s plans to go public up north. But a different trend is emerging that sees Canadian players launching operations...