Payments messaging firm SWIFT will allow blockchain companies to connect into its global payments innovation (gpi) platform, SWIFT said in its latest report on the future of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook — via fines, if they pay smaller suppliers late. Separately, creative agencies are feeling the pinch of late payments, too.
In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always...
Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place a significant burden as organizations work to comply with the requirements. Reports in Accounting Today last week said Financial Accounting...
Some of the world’s largest conglomerates are raising concerns about an impending economic recession in the U.S., supply chain disruptions stemming from trade disputes and a global market shakeup from Brexit. However, as analysts explore the current state of the economy (and where it’s headed),...
Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp. In a press release, Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized...
The U.K. is moving forward with plans to develop a dispute resolution service (DRS) for small businesses (SMBs) mistreated by banks, but reports in the Financial Times said the head of that initiative is now facing accusations of a conflict of interest. Get the Full...
Australia is the land for some underhanded doings from scammers attacking small businesses for payments fraud — targeting two-thirds of SMBs, according to a Norton LifeLock study. Separately, 93 percent of SMBs in the U.K. are unable to recover the vast majority of funds lost to...
Southwest Airlines is introducing a credit card for small business owners aimed at enhanced travel rewards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
