Citi has rolled out a new offering for its institutional customers that accelerates the handling of their international payments by digitizing supporting records. The offering combines the submission of international payment instructions and the records connected with them on one digital platform. It is being...
Cash is king, they say, and working capital is critical in seeing firms through the pandemic – and beyond. And while PPP and government packages are helping, they’re not long-term fixes that provide that financial lifeline that’s so often needed. Get the Full Story Complete...
Firms such as Greensill provide supply chain finance, which if used correctly can be a tool to combat late B2B payments. But amid Greensill’s apparent unraveling, the question must be asked whether something specific to the business has caused the pressure and troubles, or whether...
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U.K. businesses seeking post-Brexit opportunities beyond the eurozone have abundant possibilities in Central America, a region whose residents once bought one-third of their imports from the U.K. but now get less than 1 percent there, the Financial Times (FT) reported. Get the Full Story Complete...
Pymt, a Birmingham, Alabama-based point-of-sale (POS) platform, is removing fees to help small- to medium-sized businesses (SMBs) more readily attain its services amid the pandemic, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Atom Bank will work alongside Credit Kudos to further boost open data capabilities for business loan affordability assessments, with the intent of delivering more than 1 billion pounds ($1.4 billion) in lending in the next two years, according to a press release. Get the Full...
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The start of 2021 opened up with a flurry of activity in the B2B FinTech venture capital space, but as March moves ahead, funding activity seems to have settled down. This week’s investment roundup includes just four deals, but still managed to pull more than...
