The latest research in B2B payment practices within the construction sector isn’t good: Two-thirds of small- and medium-sized businesses (SMBs) surveyed by the U.K. Federation of Master Builders (FMB) said they aren’t paid within the typical 30-day invoice payment period, and it’s complicating cash flow management...
Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. What it doesn’t hear, though, is that most of those initiatives will go defunct only a few months after launching. Just last week, Deloitte found that...
The traditional financial services market is notorious for being slow to adopt new technologies, and sluggish upgrades to internal IT systems are a trend very much included in that reputation. But as the industry evolves, and as market pressure from innovative FinTechs weighs down, financial...
A new survey from alternative lender Reliant Funding found only 12 percent of surveyed small businesses (SMBs) have actually used alternative finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Corporate expense management firm Chrome River is enhancing its invoice B2B payment capabilities, the company said Tuesday (Nov. 14). 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...
A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. Get the Full Story Complete the form to unlock this article and...
Opus Bank announced news of a new chief financial officer on Monday (Nov. 13). 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, PYMNTS Today....
No industry is immune to the problem of late invoice payments, which has become a particular challenge for companies in the U.K. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With Europe just weeks away from PSD2 coming into effect, banks across the region are gearing up to get on-board with one of the regulation’s main objectives: to promote open banking and stir up competition and innovation in the financial services market. Get the Full...
