Strong cash flow among U.S. small businesses means less demand for financing, and trend is reflected in the latest figures from Pepperdine University‘s Graziadio Business School in conjunction with Dun & Bradstreet. Get the Full Story Complete the form to unlock this article and enjoy...
It’s not just the U.K. that sees an increase of late payments – right into Independence Day, the former colonies see their own rising tide of missed (payment) terms. Plus, gig workers will walk if they do not get paid on time ... and the Kroger...
The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. Get the Full Story Complete the form to...
Blockchain firm we.trade announced today (July 2) that it has facilitated its first real-time trade transactions on its blockchain platform. A press release issued by we.trade to PYMNTS said 10 companies executed trades using four banks, all facilitated by we.trade’s infrastructure, which uses IBM‘s Blockchain...
As competition makes it challenging for retailers to retain customers, Walmart has created a new position of chief customer officer, which will be responsible for its in-store and eCommerce offerings. Former American Express executive Janey Whiteside will fill the role, which is geared toward bringing...
As Lyft seeks to contend with Uber’s purchase of JUMP Bikes, the ridesharing company said it will buy bikesharing firm Motivate. Lyft would reportedly pay approximately $250 million for the company, which is the parent of Ford GoBike and Citi Bike, Reuters reported. Get the...
Social Finance, the online lender, has been holding talks with banks during the past few weeks in an effort to raise around $500 million in an unsecured line of credit to fund mergers and acquisitions of other FinTechs. Get the Full Story Complete the form...
Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million after failing to detect fraud between a client and a mortgage lender. Colonial Bank, which was PwC’s client, and Taylor,...
Trax, the Singapore startup focused on the retail industry, raised $125 million in a new round of venture funding amid plans to go public via an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
