Remittances are a lifeline for those working abroad and sending funds to with loved ones back in their country of origin. But COVID-era workarounds like remote onboarding and account creation have left many doors and windows open for cybercrooks to slip through. Get the Full...
When the Paycheck Protection Program (PPP) rolled out in the U.S., smaller community banks and credit unions (CUs) stepped up to the plate and, according to the Small Business Association (SBA), ended up facilitating more than half of PPP loan volume to SMBs. Get the...
When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. This week’s look at the latest innovation initiatives finds a big push for the latter. Get the Full Story Complete the form to...
MineralTree Inc., the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Turn the clock back a year and the world for small businesses was very different on the eve of the 2019 holiday-shopping season. The economy was still booming and small businesses were doing well — so much that cash flow wasn’t a top concern, Lisa...
At a high level, the same consumers whose day jobs are to manage a company’s payments and financial controls have become accustomed to the seamless and highly personalized commerce opportunities that are available in their daily lives. Get the Full Story Complete the form to...
Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Macy’s is preparing a variety of possibilities for holiday sales amidst the pandemic, including starting deals early and offering omnichannel options, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Artificial intelligence (AI) automation firm Auditoria has announced new capabilities to help enhance financial back-office tasks, 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...
