Sections
B2B Payments
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4.4KFaster Payments, Open Banking Should Keep Treasurers On High Alert
While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new...
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3.8KSoftBank Reins In Plans Of Additional $16B WeWork Investment
SoftBank is — yet again — increasing its stake in New York-based workspace sharing company WeWork, though the investment is significantly smaller...
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3.2KEY, Kinaxis Link Up For Supply Chain Digitization
Professional services and accounting firm Ernst & Young (EY) and supply chain management firm Kinaxis are joining forces to modernize their joint...
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2.9KSmall Businesses At The Center Of Bots Vs Accountants
Behind many shifting trends in small business (SMB) financial services — the rise of FinTech service providers, the emergence of artificial intelligence...
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3.1KSmall Business Optimism Begins Its Downswing
After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. Reports in the...
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3.4KReliant Funding Launches SBA Loan Service Amid Government Shutdown
Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait...
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3.7KWill Ripple’s Cross-Border Ambitions Sink Or Swim?
Ripple has seen more than 200 banks sign on to its blockchain powered cross border payment efforts. Progress? Sure, but perhaps a...
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4.2KSupply Chain Digitization Stumbles Over Collaboration
Supply chains continue to lag in digitization and technology adoption, with hurdles often relating to the costs, lack of understanding, or implementation...
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2.8KProspa Agrees To Fair Lending Code Following Backlash, Nixed IPO
Australian alternative small business lender Prospa is hoping to start the new year off right, announcing that the company will adhere to...
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4.6KFICO Targets Data With New Fraud, AI Patents
Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on...
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4.0KAltFin’s Role Evolves In Tense Global Trade Environment
The fallout from ongoing trade tensions between the U.S. and China is likely to be felt on both sides, with analysts expecting...
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2.7KIn UK, Cabinet Office Pays Late, Too
In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a...
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2.7KIndia Conglomerates Testing Crypto For B2B Payments
Top corporates and banks in India are reportedly testing out the use of cryptocurrency to pay vendors and move money between subsidiaries,...
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3.9KHSBC China Collabs On Another Blockchain Trade Finance System
The China Banking Association (CBA) is hoping to target smaller banks to expand its blockchain platform developed for the nation’s banking sector, reports...
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3.3KIreland Crypto Regulation Looms
The volatility of cryptos — and the emergence of any number of blockchain and tokenization projects through the last year — has...
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2.9KFinexio Targets B2B Payments Compliance With Cass
Smart B2B payments network Finexio announced a partnership with Cass Information Systems on financial exchange services. “The B2B payments business and our sophisticated...
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3.1KGAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending
Collaborative efforts between FinTech firms and traditional FIs could get a boost amid guidelines for alternative data used in credit decisions, said...
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3.1KUK Tries Another Late Payments Tactic With Stoplight System
The U.K. is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time. The Sunday...
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3.0KChesapeake Bank Debuts Online Loan Product
Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars‘ Commercial Lending Center Suite. Launched in 1995, Cash Flow offers...
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4.0KPayments Fraud Rides Money Mules Into 2019
Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the...
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5.3KPayPal India Sees Revenue Jump 12x
PayPal has reported a more than twelvefold boost in revenue at its Indian payments subsidiary. According to The Economic Times, revenue reached Rs...
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2.9KFresh Questioning Amid Carillion’s Collapse
Carillion’s ripple effect continues, with new questions lobbed at the firm’s former executives as the government weighs in on late payments. Elsewhere,...
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4.5KNew Year, New Blockchain Use Cases?
As 2019 dawns, there are several predictions that blockchain may have a breakout year. One reason? Smart contracts, as noted by MIT. In...
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2.8KFeds Are Looking Into Railroad Customer Fees
A federal agency is investigating fees imposed by railroad companies that aim to get customers to comply with new procedures. According to...
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6.9KVisa, Mastercard, Amex Stake Their Bets On B2B
When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still...
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8.7KCorporates Step Up To Welcome AI, Blockchain
In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming...
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7.3KIn 2019, Mobilize The Commercial Card: JPMorgan
While commercial card innovation certainly accelerated in 2018, progress can always continue. One area of development that J.P. Morgan Managing Director and...
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5.6KFor Banks, 2019 A Balancing Act Of FinTech And SMB Customer Service
One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services....
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4.4K2018 Recap: B2B Payments Innovation Welcomes Bank-FinTech Collabs — And Beyond
Though FinTech has, in many ways, heated up the competition with banks, traditional financial institutions (FIs) widely began to realize in 2018...
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6.0KKuwait Bank Taps Ripple For Online Banking
The National Bank of Kuwait (NBK) has announced that it will incorporate RippleNet blockchain into its online banking platform, offering 24-hour wire transfers...
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6.3KRussian Central Bank Ends FX Competition
The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading...
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5.9KOnboarding Tech Taps Into Banks’ KYC Burden
It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious...
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5.0KSeven Disruptors Forcing Change In Small Business Banking
In 1960, Yul Brynner, Steve McQueen and Charles Bronson introduced America to “The Magnificent Seven,” a John Sturges film in which seven...
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5.5KOpen Banking Will Bank On Customer Service To Boost Traction With SMBs: Accenture
Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of...
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5.3KFaster Payments For Corporates Begin To Simmer
With the payments acceleration trend of recent years promising disruption in peer-to-peer (P2P) payments, these initiatives were viewed only in the context...
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3.4KSMBs Cautious In Volatile US Economy
An unstable stock market has led many small businesses (SMBs) to cut costs and change their hiring plans for the New Year....
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5.4KBlockchain Tech Disrupts The Corporate Payments Status Quo
Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow...
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5.1KDun & Bradstreet On Corporate Instability In 2019
This year was a record one for corporate and small business optimism in the U.S. A strong national economy and plans to...
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3.9KOpen Banking’s Mixed B2B Bag
Open banking didn’t just kick off via PSD2 regulations across Europe and the U.K. Rather, banks around the globe began to understand...
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3.2KFraud? Maybe Not, But Some Questionable Expenses Indeed
Watches for $8,000? Hotel rooms for garlic? Certify offers some of the more questionable attempts at expense reimbursements, which also spotlight how firms...
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3.4KEleven Banks Cleared For Piece Of $1B RBS Fund
Eleven banks have been granted access to a £350 million ($443 million USD) program that will allow for them to take business...
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2.9KEU Bans Unfair Food Supply Chain Practices
The European Commission has introduced new measures to protect farms in the EU food sector against unfair supply chain practices, the body...
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3.5KGreensill: Holiday Impact On Late Payments Will Be $110B
Alternative lender Greensill has released new research on how much vendors and manufacturers of holidays gifts and products will be waiting on...
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3.2KOnDeck Diversifies With Equipment Finance Loans
OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. In a press release issued Wednesday (Dec....
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3.9KVirtual Cards See Opportunity In Freelancers, Open Banking
Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. With innovations...
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3.5Kgpi Makes SWIFT Cross-Border Gains
SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing...
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3.4KNordea Launches Open Banking Tool For Corporate Clients
Nordic financial services firm Nordea is introducing a new solution to provide corporates with a streamlined financial reporting solution powered by Open...
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5.0KCorcentric On Myth-Busting Electronic B2B Payments Adoption
The payments industry has been talking about the digitization of B2B transactions for years, maybe decades, with not much of a nudge...
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3.3KTradeshift Acquires Babelway For Supply Chain Connectivity
Tradeshift, a company that provides supply chain payments and digitization solutions, announced the acquisition of partner Babelway on Tuesday (Dec. 18). Babelway...
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3.9KThe ERP Emerges As Top Target For AI Developers
As far as B2B FinTech goes, much attention has been paid to empowering a range of processes, including accounts payable, expense management...
