Ahead of Prime Day this year, Amazon is introducing Business Prime in the U.K., according to reports on Monday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
When reports last week in the Financial Times (FT) highlighted the thousands of offshore bank accounts frozen by Lloyds Banking Group, the news thrust the issue of anti-money laundering (AML) into the global spotlight, once again, as banks ramp up efforts to comply with more...
The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. Get the Full Story Complete the form to unlock...
Commercial card solutions provider WEX has announced the completed takeover of Go Fuel Card, first revealed earlier this year. 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...
Supply chain payments firm Tradeshift is expanding capabilities for companies to manage employee spend with Tradeshift Go 2.0, the company announced Monday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Saudi Arabia is introducing an eInvoicing and electronic payments platform designed to digitize government and business payments to suppliers. 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...
A fund, backed by some of Cambridge’s most well-known scientists, called Ahren Innovation Capital has raised about £200 million ($254 million USD) to invest in U.K. startups, and compete with U.S. investment companies to keep startups in the region, according to a report by the Financial...
When Amazon first launched Prime Day in July 2015 to celebrate its 20-year eCommerce anniversary, the world was not at first sure what to make of the impromptu sales holiday. Some were enraptured to have a summertime Black Friday, some accused Amazon of ripping off...
In response to plans by regulators to require banks to conduct more detailed credit checks in lieu of depending upon indices, banks in Australia are pushing back. The No. 2 lender, for instance, claims it’s not feasible to make such checks, Reuters reported. Get the...
