News

Security & Fraud
Travelex Parent Finablr On Verge Of Collapse
March 16, 2020

Payments company Finablr has said that it could be in danger of collapsing, and the Financial Conduct Authority (FCA) has frozen its trading, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
German Travel Booking Firms Prepare For Border Closures
March 16, 2020

The coronavirus pandemic has wreaked havoc on travel companies all around the world, especially airlines, but other companies with travel-facing businesses are being adversely affected as well, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

International
Planning For Recovery: Lessons Learned From China
March 16, 2020

In normal times, retailers plan for the holidays in July and August. These are not normal times. But it’s not too far afield for retailers to start planning ahead for normal times — or to envision what their businesses will look like 45, 60 or...

B2B Payments
The Conundrum Of Mixing Tech With Humans In SMB Finance
March 16, 2020

The digitization and automation of small business lending has led to some undeniable benefits for entrepreneurs today. 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...

B2B Payments
Governments Step In To Quell Late Supplier Payments Pain
March 16, 2020

To provide relief to small suppliers as the coronavirus continues to squeeze supply chains and rock cash flows, U.K. grocery giant Morrisons announced Friday (March 13) it would be accelerating vendor payment terms to just 48 hours. Get the Full Story Complete the form to...

B2B Payments
Elevating Credit Strategy Beyond Faster Invoice Payments
March 16, 2020

While they’re often used interchangeably, accounts receivable (AR) management and credit management are not one in the same. 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...

Merchant Innovation
Mastercard: The Impact Of Pay On Demand On Africa’s Smartphone Future
March 16, 2020

Inclusion is a laudable goal — bringing the 1.7 billion unbanked and underbanked people worldwide into the global digital marketplace is a nearly uncontested good. But it’s also a notoriously difficult problem to solve, particularly in places like sub-Saharan Africa where mobile penetration is high....

B2B Payments
Italy Factoring Firm CashInvoice Turns To Crowdfunding
March 15, 2020

Italian factoring startup CashInvoice launched an equity crowdfunding campaign on CrowFundMe, hoping to raise at least 200,000 euros ($222,000), the company said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Europe
EU Ministers To Meet Via Video On Virus’ Financial Hit
March 15, 2020

Mario Centeno, head of the Eurogroup of eurozone finance ministers, will head up a video conference meeting of European Union officials Monday (March 16) in an attempt to assess how to steer the economy back on track amid the coronavirus outbreak, Reuters reported. Get the...