Corporate finance is breaking records with its M&A activity this year, thanks, in part, to rising cash reserves. But according to news reports on Thursday (Sept. 28) in The Financial Times, companies aren’t always entirely disclosing those cash piles, and it’s leading to heightened risks for those businesses....
Investment in B2B FinTech startups came through a variety of channels this week, from venture capital to growth equity. In total, backers placed $273 million across companies operating in alternative finance, treasury management, software-as-a-service (SaaS) and B2B sales tech. But one company in China took...
Travel management company Gant Travel is helping companies pay for business trip reservations via virtual payments. 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 daily...
President Donald Trump revealed tax reform plans on Thursday (Sept. 28) intended to benefit small- and medium-sized businesses (SMBs) in the U.S., a move that appeared to fulfill a campaign promise for which SMBs had been waiting. But according to some analysts, the proposals would...
In recent ridesharing news, German carmaker Daimler, owner of Mercedes-Benz and other brands, has recently announced its acquisition of Germany-based ridesharing company Flinc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.S. Securities and Exchange Commission’s former Chairman Arthur Levitt doesn’t think the regulator is equipped to handle bitcoin, the cryptocurrency that has been surging in value all year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Jet.com, Walmart’s eCommerce site, will soon launch its first private-label brand, poised to introduce more than 60 food and household items in the coming months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In Uber news released Thursday (Sept. 28), the ridesharing company will no longer provide a free version of its Uber for Business app for business customers. This will result in corporations paying more for the company’s ride hailing services. Get the Full Story Complete the...
Central banks have expressed concern over the security of payments and the messaging systems that help facilitate inter-bank transactions, a Reuters news report said Thursday, Sept. 28. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
