Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). Get...
Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright....
The U.S. Commerce Department is expanding its Trade Finance Advisory Council (TFAC), having recently appointed 21 new members to the group in an effort to explore innovation in and access to trade finance. Get the Full Story Complete the form to unlock this article and...
The more than $69 million raised by B2B startups this week came from across the globe, including Israel, the Netherlands and Singapore, to name a few. Investors targeted the alternative small business lending market, particularly in the trade finance arena, but it was the human...
With facial recognition growing in popularity and uses showing up everywhere from the airport to retailers, two U.S. senators introduced legislation that would prevent businesses from collecting and using facial recognition data without the consent of consumers. Get the Full Story Complete the form to...
An anti-money laundering resolution presented by Congresswoman Maxine Waters (D-CA) passed by a voice vote on Thursday (March 14). 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...
U.S. Representative Maxine Waters (D-CA) called for Wells Fargo CEO Tim Sloan to step down from his job after it was revealed that he received a $2 million bonus last year. The bank disclosed Sloan’s compensation this week, including the fact that he received a...
Sources have revealed that Uber is planning to launch its initial public offering (IPO) in April. According to Reuters, Uber will issue its required public disclosure next month, then start its investor roadshow. Uber declined to comment on the report. Get the Full Story Complete the...
The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. 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...
