In a sign of strength for the U.S. economy, banks are reporting that business loans are on the rise. According to The Wall Street Journal, preliminary second-quarter data from the Federal Reserve indicates that the year-over-year growth rate of business loans rose to 5.5 percent...
The latest jobs report by the U.S. Department of Labor signaled a healthy employment environment for June as 213,000 positions were added in the month, surpassing earlier expectations. Analysts noted an upward revision of job gains in April and May, too. Get the Full Story...
For a few years now, the procurement department has earned rising attention for its potential to become a strategic component of the enterprise — not simply one that spends company money. There is no single path to building up that strategic role, however. Get the...
U.K. bank Barclays is encouraging small businesses (SMBs) to invest in new equipment, machinery, vehicles and other assets through a new cash back program, according to reports in The Financial on Friday (July 6). Get the Full Story Complete the form to unlock this article...
Mint Gateway for Electronic Payment Services, a unit of The Mint Corp., is expanding payroll card operations across the African continent, a market that represents significant growth for the company. A recent press release said Mint has entered into an agreement to process Mastercard-branded payroll cards...
Late payments dominate the news in Kenya, where corruption drains coffers and hurts suppliers. In other countries, ePayables has gained attention and adoption along the supply chain in addressing cash flow management.
While Open Banking is not exclusive to the European markets, recent PSD2 and Open Banking regulations that came into effect earlier this year offer an opportunity for other jurisdictions to learn by example. Get the Full Story Complete the form to unlock this article and...
India-based B2B eCommerce platform IndiaMART is going public and has just revealed how much it hopes to raise through its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. 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 newsletter,...
