Suppliers generally offer a discount to customers if they are paid in a timely fashion — i.e., usually before the 30-day period after a payment is requested. Using a bit of lingo: If a supplier offers a “2 percent/10 net 30” timeframe, what that means...
Consumers don’t care about how much friction a business will face if they order goods from overseas. Thanks to eCommerce, shoppers want the products they want, from where they want. Businesses, on the other hand, are forced to face that friction head on, with both...
Some markets in the global economy have been anything but steady lately, and that’s posing some worrying obstacles for corporate money managers. In an interview with Finance Magnates published late last week, Citizens Bank Head of Global Markets Tony Bedikian explained that foreign exchange concerns...
Businesses haven’t yet fully integrated digital payment methods into their operations, but firms are increasingly turning away from paper and toward plastic for at least one mechanism, whether it be employee expense management or payroll. Get the Full Story Complete the form to unlock this...
The B2B ecosystem has been slowly pressing toward digitization, and procurement and B2B commerce is no exception. Innovators and service providers want to reduce the friction between corporate buyers and sellers, and buyers are demanding ways to shop for the businesses the same way their...
The story by Barron’s magazine titled “Alibaba: Why It Could Fall 50% Further” was widely picked up across the mainstream press. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
JPMorgan Chase & Co. is shifting gears to streamline its SMB product offerings with a new ad campaign that will converge its products into one division, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy...
A new travel payments solution is promising to ease mobile payments rollout for airlines using its mobile wallet sleeve. 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...
The days of always needing a card to get cash from an ATM are slowly becoming the days of yesteryear. Or at least they soon will be if the CardFree Cash solution that Fiserv provides catches on. Get the Full Story Complete the form to unlock...
