A backlash against lengthy payment terms for grape growers may be fermenting in Australia. Elsewhere, in the U.S., some political campaigns appear to be stretching payment terms, and late payments continue to plague the U.K., especially for government contracts.
Gusto’s payroll technology secured the largest investment round of the week with $200 million. But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade...
U.S. lawmakers submitted a bill to Congress Wednesday (July 24) in an effort to reauthorize the nation’s Export-Import Bank for the next decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As payments accelerate, the window of opportunity for financial service providers to identify and shut down a fraudulent transaction narrows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Small businesses in the U.K. accelerated their bank-switching in the second quarter of 2019, with twice as many small and medium-size businesses (SMBs) taking advantage of the Current Account Switch Service (CASS) compared to the second quarter of 2018. Get the Full Story Complete the...
The Chinese market presents a formidable, but also somewhat irresistible challenge to any payments and commerce player standing on the outside looking in. Formidable because from both a regulatory and consumer interest point of view, there isn’t a surplus of easy inroads into the market....
American Express is refunding some of its small business foreign exchange (forex) clients following an investigation into claims that the company misrepresented foreign currency conversion rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A so-called “small finance” bank in India has reportedly left sensitive data on 2.6 million of its customers exposed without password protection, according to Security Discovery reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
There is a new normal in the workforce: a younger generation of professionals that prioritize flexibility and technology. Giving rise to the gig economy and a new face of freelancing, these professionals are changing the way employers work, too, including how they pay these workers....
