The factoring industry hasn’t always held the most positive reputation among the small business community. Much like the notorious merchant cash advance, a factor can often be known for sky-high rates that lack transparency. Further, critics argue that factoring invoices only puts a band-aid over...
As B2B payments innovation accelerates, some solution providers are pulling double-duty by tackling both accounts payable (AP) and accounts receivable (AR) friction with a single solution. Commercial cards are an increasingly popular tool of choice to address the pain points of buyers and suppliers, but...
When it comes to the attitude about and usage of credit, not all countries are created equal. In fact, even within geographic areas certain countries have high cash volumes even in the COVID-19 world where passing paper is a more dangerous activity. In the EU...
The world doesn’t lack for stories about cross-border payments gone wrong. As North Lane Technologies CEO Seth Brennan told Karen Webster in a recent conversation, we’ve all heard the horror stories about someone trying to do something relatively simple, like send $100 to a family...
As consumers spend more time at home, they continue to order groceries online in far larger numbers than they ever did before the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Giving during the holiday season is about getting beyond the circle of family and friends. This year it’s about turning toward those who enter the festive season in need. And in 2020, due to the unfortunate reality of the COVID-19 pandemic and the wave of...
The Central Bank of Iceland (CBI) is debuting a new instant pay platform with partnership with SIA, a European company specializing in high-tech payment services and infrastructures, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Supply chain intelligence company Altana AI landed a $7 million seed funding in an Amadeus Capital Partners-led round. Other entities that took part in the funding included AlleyCorp, Schematic Ventures and the Working Capital – The Supply Chain Investment Fund, according to an announcement. Get...
