In some ways, we are in a golden age of used car sales, mainly because of the way digital technology is not only removing friction from those transactions, but taking away the pain long associated with buying a pre-owned vehicle (the poor used-car sales person,...
As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. Retail sales fell by 1.2 percent in December on a seasonally adjusted basis to reach $505.8 billion, while economists in one survey had forecast...
Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. 13). Get the Full Story Complete the form to unlock this article and enjoy...
Small Business Administration (SBA) loans have found a new avenue through which they can reach small businesses. 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...
The U.S. Federal Government is gearing up to overhaul and upgrade its payroll technology thanks to a $20.7 million investment from the Technology Modernization Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.S. federal debt has reached $22 trillion for the first time in the nation’s history, reports revealed on Wednesday (Feb. 13), raising new concerns over government spending and the economy’s ability to make up for tax cuts. Get the Full Story Complete the form to...
Amid the battle heating up between Ripple and SWIFT over payments infrastructure, SendFriend, a Ripple partner, gets funding for its cross-border payments efforts. Elsewhere, MUFG forges ahead with blockchain-based payment efforts.
Along with regulatory action from tax reform and tougher Know Your Customer (KYC) rules adding the pressure of complex red tape, public companies need to add one more compliance concern to their list: changes to accounting standards by the Financial Accounting Standards Board (FASB). Get...
Citi is launching a digital liquidity solution for corporate treasurers, the bank announced on Wednesday (Feb. 13). 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...