Late payments are often considered a cash flow killer for small- to medium-sized business (SMB) suppliers. Amid the coronavirus crisis, more large corporates are looking to extend working capital by implementing longer payment terms to their vendors, and sometimes withholding pay past invoice due dates....
Pony.ai, a California developer of self-driving car technology that has landed big investments from Toyota and other major automobile players, has raised another $100 million, Venturebeat reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Real-time payments have a knowledge gap. 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 this form, you agree to...
Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. 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...
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 this form, you agree to receive marketing communications from PYMNTS and...
Supply chain financing company Greensill Capital delayed a new round of fundraising by several months after increasing the amount it wants to raise, the Wall Street Journal reported, citing “people familiar with the matter.” Get the Full Story Complete the form to unlock this article...
Hyundai Motor Co. and its Kia unit announced Monday (Feb. 8) morning South Korea time that they are not in discussions with Apple Inc. about teaming up on an autonomous car. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s not a well-publicized feature, but stock trading app Robinhood is also in the lending business. Late last week, some issues with that business attracted the attention of CBS MoneyWatch, which found that investors who borrowed money from Robinhood were nearly 14 times as likely...
The U.K. is considering making corporate directors responsible for the accuracy of their companies’ financial statements, with an official proposal to that effect possible as soon as this coming week, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this...
