With PYMNTS’ new U.S. Open Banking Tracker showing 40 percent of consumers saying they’re increasingly concerned about what happens with their personal information, it’s no surprise that bankers like Comerica’s Megan Crespi say that engagement and loyalty won’t grow until these concerns are addressed.
Delayed and late B2B payments continue to plague the economy, and unfortunately, as this week’s B2B Data Digest reveals, it’s often the smallest of businesses hit hardest. New analysis finds some micro-firms can wait up to a year to be paid — if at all...
Real-time payments continue to face an uncertain future in corporate and small business payments. Emerging real-time rails, as well as upgrades to current infrastructure targeting faster movement of funds, are efforts that today are viewed as essential to keeping pace with a rapidly evolving and...
MedPay, an Indian company that says it uses artificial intelligence to provide quick payments from health insurance companies to providers such as doctors or pharmacies, announced it raised $1.2 million in an early venture round. Get the Full Story Complete the form to unlock this...
The federal Small Business Administration is relieving banks of the work of reviewing applications for forgiveness of some government Paycheck Protection Program loans they made as part of 2020 COVID-19 relief efforts. Get the Full Story Complete the form to unlock this article and enjoy...
Some 208 small- to medium-sized businesses (SMBs) in China’s Yunnan province have conducted 638 international transactions using a blockchain platform developed by the government, CoinDesk reported, citing an article in the Chinese government-run Spring City Evening News. Get the Full Story Complete the form to...
Xepelin, a Chilean FinTech that provides an online financial services platform for small- to medium-sized businesses (SMBs), has raised $30 million in equity and another $200 million in credit facilities, TechCrunch reported. The platform is geared toward companies in Latin America. Get the Full Story...
Mercury, which helps install banking for startups, has raised $120 million in a funding round, according to a company blog post, and has set aside $5 million to let users in the round as well. Get the Full Story Complete the form to unlock this...
DoNotPay’s company description is that of a “robot lawyer” trying to “beat bureaucracy,” and the company just more than doubled its valuation to approximately $210 million after a round of investments, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...
