While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new...
SoftBank is — yet again — increasing its stake in New York-based workspace sharing company WeWork, though the investment is significantly smaller...
Professional services and accounting firm Ernst & Young (EY) and supply chain management firm Kinaxis are joining forces to modernize their joint...
Behind many shifting trends in small business (SMB) financial services — the rise of FinTech service providers, the emergence of artificial intelligence...
After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. Reports in the...
Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait...
Ripple has seen more than 200 banks sign on to its blockchain powered cross border payment efforts. Progress? Sure, but perhaps a...
Supply chains continue to lag in digitization and technology adoption, with hurdles often relating to the costs, lack of understanding, or implementation...
Australian alternative small business lender Prospa is hoping to start the new year off right, announcing that the company will adhere to...
Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on...
The fallout from ongoing trade tensions between the U.S. and China is likely to be felt on both sides, with analysts expecting...
In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a...
Top corporates and banks in India are reportedly testing out the use of cryptocurrency to pay vendors and move money between subsidiaries,...
The China Banking Association (CBA) is hoping to target smaller banks to expand its blockchain platform developed for the nation’s banking sector, reports...
The volatility of cryptos — and the emergence of any number of blockchain and tokenization projects through the last year — has...
Smart B2B payments network Finexio announced a partnership with Cass Information Systems on financial exchange services. “The B2B payments business and our sophisticated...
Collaborative efforts between FinTech firms and traditional FIs could get a boost amid guidelines for alternative data used in credit decisions, said...
The U.K. is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time. The Sunday...
Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars‘ Commercial Lending Center Suite. Launched in 1995, Cash Flow offers...
Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the...
PayPal has reported a more than twelvefold boost in revenue at its Indian payments subsidiary. According to The Economic Times, revenue reached Rs...
Carillion’s ripple effect continues, with new questions lobbed at the firm’s former executives as the government weighs in on late payments. Elsewhere,...
As 2019 dawns, there are several predictions that blockchain may have a breakout year. One reason? Smart contracts, as noted by MIT. In...
A federal agency is investigating fees imposed by railroad companies that aim to get customers to comply with new procedures. According to...
When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still...
In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming...
While commercial card innovation certainly accelerated in 2018, progress can always continue. One area of development that J.P. Morgan Managing Director and...
One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services....
Though FinTech has, in many ways, heated up the competition with banks, traditional financial institutions (FIs) widely began to realize in 2018...
The National Bank of Kuwait (NBK) has announced that it will incorporate RippleNet blockchain into its online banking platform, offering 24-hour wire transfers...
The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading...
It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious...
In 1960, Yul Brynner, Steve McQueen and Charles Bronson introduced America to “The Magnificent Seven,” a John Sturges film in which seven...
Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of...
With the payments acceleration trend of recent years promising disruption in peer-to-peer (P2P) payments, these initiatives were viewed only in the context...
An unstable stock market has led many small businesses (SMBs) to cut costs and change their hiring plans for the New Year....
Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow...
This year was a record one for corporate and small business optimism in the U.S. A strong national economy and plans to...
Open banking didn’t just kick off via PSD2 regulations across Europe and the U.K. Rather, banks around the globe began to understand...
Watches for $8,000? Hotel rooms for garlic? Certify offers some of the more questionable attempts at expense reimbursements, which also spotlight how firms...
Eleven banks have been granted access to a £350 million ($443 million USD) program that will allow for them to take business...
The European Commission has introduced new measures to protect farms in the EU food sector against unfair supply chain practices, the body...
Alternative lender Greensill has released new research on how much vendors and manufacturers of holidays gifts and products will be waiting on...
OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. In a press release issued Wednesday (Dec....
Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. With innovations...
SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing...
Nordic financial services firm Nordea is introducing a new solution to provide corporates with a streamlined financial reporting solution powered by Open...
The payments industry has been talking about the digitization of B2B transactions for years, maybe decades, with not much of a nudge...
Tradeshift, a company that provides supply chain payments and digitization solutions, announced the acquisition of partner Babelway on Tuesday (Dec. 18). Babelway...
As far as B2B FinTech goes, much attention has been paid to empowering a range of processes, including accounts payable, expense management...