To let financial institutions provide trade finance functions to their small and medium-sized business (SMB) customers, Toronto-based Surecomp has rolled out its Fastrade front office product. The company said the technology lets trade-finance providers bolster customer service with an “easy-to-deploy, intuitive and scalable multi-bank channel”...
Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free one-month, 1,000-euro life and disability policies benefiting those recipients under a pilot program, according to a press release. Get the...
KKR, the New York-based global investment firm, signed an agreement to buy the Dutch holiday parks company Roompot Group from PAI Partners, the companies announced Thursday (June 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Boston-based Eastern Bank, the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. Get the Full Story Complete the form to unlock this article...
In today’s top news, U.S. casinos are moving toward cashless gambling, and Visa and Mastercard lost their bid to assess fees on retailers in the United Kingdom. Plus, Google has launched “Promoted” pins to highlight small- to medium-sized businesses (SMBs) on Google Maps. Get the...
Jio Platforms has reeled in another big investor, with Saudi Arabia’s sovereign wealth fund agreeing to pump $1.5 billion into India’s largest mobile commerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
If payments were required within 30 days throughout the whole economy, financing company Greensill says large companies would need to quickly locate $65 billion in working capital. Kate Carnell, the small business ombudsman of Australia, however, called the remark “stupid” and noted “there would be...
Vendorcom wants answers. 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...
DoorDash said it is raising roughly $400 million in Series H financing led by new investors Fidelity Management & Research Co. as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. Rowe Price Associates, Inc. advises. The financing...
