SWIFT has given the nod to U.S. sanctions against Iran and cut off dozens of Iranian banks from the financial messaging service — leaving Iran and perhaps Europe to seek payments infrastructure alternatives. Elsewhere, in Sweden, cash looms as a consideration amid the move toward a...
Recent years have forced many business owners to wake up to not only the threat of cyberattacks, but the massive repercussions if their businesses are been hit. For small business (SMB) owners, this shift has made entrepreneurs understand that their companies are not safe, despite...
NatWest, the U.K. financial institution owned by RBS, has launched a mobile app-only small business bank account, according to reports on Tuesday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
B2B payments firm Ixaris is collaborating with Visa Europe to introduce new solutions to the travel industry, the company said in a press release Tuesday (November 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Document management across supply chains and logistics is getting a boost from blockchain as recent initiatives helps track goods and payments across borders done through several recent announcements of consortiums and open platforms such as Voltron. In addition, health care payments also are gaining speed...
When it comes to B2B payments digitization, not every company will experience the same journey. That’s especially true for firms of varying sizes: Whereas large, multinational conglomerates often struggle to make sweeping changes to their complex and siloed internal systems, smaller businesses often lack the...
As in payments, small business (SMB) lending has seen a heightened demand for speed — faster application processes, underwriting, decision-making and payouts. While it may be a trend impacting many alternative finance products and, increasingly, traditional bank lending practices, speed isn’t necessarily for everyone in...
Citizens Bank will introduce real-time payment services for its corporate customers beginning in 2019, Forbes reported on Tuesday (Nov. 6). According to Citizens Bank Head of Product Solutions in Treasury Management Matt Richardson, Citizens has been a supporter of The Clearing House‘s (TCH’s) Real-Time Payments...
Cross-border payments firm WorldFirst is launching operations in mainland China through the rollout of its localized brand name and multi-currency accounts for small businesses in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
