Financial institutions’ (FIs’) efforts to upgrade their products, services and experience is largely attributed to massive shifts in what end-customers demand from their banks. That’s true in many ways for corporate customers as well, which increasingly demand digital-first solutions with easy interfaces that are always...
Financial institutions (FIs) have historically viewed small businesses as a less profitable part of their own business, not necessarily worth troves of time, investment and innovation. Competitive pressures from the B2B FinTech ecosystem are beginning to shift that mindset, but for banks, a lack of...
High-end fashion retailer Nordstrom said on Tuesday (May 25) that its digital transformation efforts saw its eCommerce sales rise 23 percent last quarter, amounting to 46 percent of total revenue. But despite those gains, the Seattle-based operator of 350 stores noted that its total revenues...
Virtual card technology adoption is on the rise among corporates, and for good reason: single-use virtual cards not only provide protection against fraud and misuse but can allow businesses to retain greater control over employee spend when a card is generated with a specific purchase...
Two U.S. payments platforms — Paymentus and Flywire — are seeking initial public offerings at the top of their marketed range. Both started trading on Wednesday (May 26) and are expected to close on Friday (May 28). Get the Full Story Complete the form to...
Real-time payments are piquing the interest of firms around the globe. 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. By completing...
eCommerce fraud prevention company Forter has raised $300 million in a Series F funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Stellar Development Foundation has announced a $15 million investment in Airtm, a Mexican blockchain and bank-connected digital wallet and peer-to-peer (P2P) exchange platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Today in B2B payments, KWIPPED discusses POS equipment financing, and BBVA streamlines cash management for multinational corporations. Plus, Boost Insurance eyes the opportunity for small businesses, CoEnterprise streamlines supply chain processes and Suplari launches a procurement planning tool. Get the Full Story Complete the form...
