Banks continue to make moves in an effort to get their corporate clients off paper. Recent innovations in ACH payments has the payment rail as a new favorite choice for both buyers and suppliers, thanks to its speed and ability to transmit transaction data for...
Denmark’s largest bank is investigating $150 billion in transactions to find out if companies with ties to Russia used it to launder money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
New York, New York. If one can make It there ... they must be getting paid on time. Easier said than done where late payments reign, but legislation seeks to make government pay vendors more quickly. Also, good news on late payments down under?
U.S. businesses are optimistic, but that doesn’t mean entrepreneurs aren’t facing increasingly challenging hurdles. The latest data from ADP and other analysts signals a slowdown in job growth across the board, including among small companies, which may be forcing existing employees to be working more...
India-based B2B eCommerce company Industrybuying is reportedly shrinking its staff, unnamed sources told TechCircle on Friday (Sept. 7), raising concerns about the industry just days after investors made another B2B eCommerce company India’s fastest-growing unicorn. Get the Full Story Complete the form to unlock this article...
Tesla’s chief accounting officer, Dave Morton, has left the company after less than a month on the job. The company revealed in a securities filing last week that Morton had resigned, effective immediately, after joining the company Aug. 6. Get the Full Story Complete the...
With 12 words, one photo and a tweet, Nike has managed to capture the news cycle this week – and much of the market’s interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Following scandals at European lenders, the European Central Bank (ECB) wants the European Union (EU) to step up enforcement of anti-money laundering (AML) rules. To that end, the bank recommends that the bloc make a “single agency” for the task as the ideal solution, the Financial...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes BMW’s new voice assistant, a big airline data breach and the rise of fashionable contactless payments. Plus, a type of fraud is gaining and the U.S. charges...
