There are a lot of factors that have converged to create a whopping $1.5 trillion in trade finance availability in the global economy today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Commercial card startup Brex captured headlines this week when it confirmed a significant funding round that propelled the two-year-old startup’s valuation to $2.6 billion. The investment is a massive show of support for the digitization of corporate payments. Other rounds this week showed investors’ appetites...
Chief executive officers are continuing to raise concerns about rising global trade tensions and market volatility, reports from Yahoo Finance said Thursday (June 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Ario Platform, a Canada-based business financing company, has rolled out its Working Capital solution, a way to provide companies with a cash advance solution to provide their own corporate customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information. But there also is great responsibility on the part of those who build and use those models. Visa's Melissa McSherry, global head of credit and data...
The good news in the world of fighting fraud and cybercrime is that, by the numbers, the battle against the thieves has been shown to be tipping toward the white hats. As GIACT EVP David Barnhardt noted in a recent conversation with Karen Webster, overall...
Indian ride-hailing startup Ola, which is backed by SoftBank Group, is planning to build a technology center in Silicon Valley — right near rival Uber. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million. According to a report from Nomura Instinet analyst Dan Dolev, the data also shows a slowdown in Venmo’s user acquisition. While year-over-year growth for...
Latvia’s parliament has passed new regulation to bolster the fight against money laundering and terrorism financing. 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...
