The story of alternative finance is now well-known across the small business (SMB) lending community: Heightened risk management and capital requirements imposed on traditional lenders by regulators, following the 2008 global financial crisis, left a gap in the market that FinTech companies quickly sprang up...
Despite tax reform, U.S. corporates don’t expect to increase spending, according to a new report from the Association for Financial Professionals (AFP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
SAP and Thomson Reuters have introduced a new feature of their partnership to streamline cross-border payments services for corporate treasurers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Entrepreneurs are quickly embracing cash flow management technologies, and have significantly increased the use of such tools in only the last few years. But a new report from Fachhochschule des Mittelstands (FHM) suggests that small businesses have vastly different ways of deploying their cash flow...
Digital currency investor Li Xiaolai has reportedly resigned from the position of managing partner at the Hangzhou Xiong’An Blockchain Fund, CoinDesk reported. His departure happened after he was the subject of allegedly defamatory comments. As it stands, Li and venture capitalist Chen Weixing are locked...
Another retailer has been hit with a data breach. This time, Macy’s has revealed that hackers obtained names and passwords of online customers — and might have accessed credit card numbers and expiration dates. The data breach impacted one-half of one-percent of customers who were registered...
Toyota has announced that it is offering a car share service for residents and visitors in Honolulu, Hawaii. 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...
Walmart Inc.’s Jet.com unit is getting into the same-day grocery delivery market, gearing up to offer the service in New York City. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with attractive rates and no fees to customers across the United States. Get the Full Story Complete the form to unlock...
