Accounts receivable (AR) teams face notable challenges, especially if their companies continue to rely largely on manual processes. One of the biggest pain points is delayed payments, with 93% of companies experiencing late payments from customers, according to the “Working Capital Playbook,” a PYMNTS and...
Autonomous driving firm Pony.ai is working with Chinese logistics company Sinotrans to build a smart logistics network that uses autonomous driving trucking technologies, according to a Tuesday (Jan. 4) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Cross-border transactions continue to gain traction around the world, with a staggering $156 trillion expected to cross international borders annually by 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Synovus on Tuesday (Jan. 4) teamed up with Visa on a mobile virtual commercial credit card that allows businesses to instantly generate and send virtual Visa credit cards to their employees, vendors and contractors through a mobile app that leverages Visa Commercial Pay, according to...
On New Year’s Day, a new Texas law went into effect designed to protects restaurants from predatory practices by third-party delivery services, according to Austin.Eater.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The State Bank of India (SBI), the country’s largest commercial bank, invested $20 million in the merchant commerce platform Pine Labs ahead of an expected U.S. public listing sometime in the middle of this year, according to a Tuesday (Jan. 4) press release. Get the...
Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Chinese banks are facing slowing loan growth, tightening margins and rising credit risks at the start of the new year as Beijing works to free liquidity for lending, which is at its lowest pace in more than 15 years, according to an S&P Global Market...
China has upped its regulations for online companies to be listed on overseas stock exchanges as it tightens its hold on an expanding technology sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
