While mostly unknown and unheard of 15 years ago, the market has been suddenly and undeniably flooded with alternative lenders looking to connect small businesses with their next loan. There are lots of options and innovators within the world of SMB financing — and that...
Whether it’s online or in person, purchasing cards are being used pretty much everywhere. Kevin Phalen, Managing Director at Bank of America Merrill Lynch, shared with PYMNTS his firsthand perspective on the global expansion of procurement cards, and what lies ahead in the space.
A cybercrime syndicate known as “Darkhotel” has found a way to use exploits stolen from Hacking Team to steal data from corporate executives staying in luxury hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Hyperwallet, the payments provider focused on independent workers, said Tuesday (Aug. 11) that it has added three executives to its roster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Americans polled in the latest Survey of Consumer Expectations from the New York Federal Reserve Bank are not looking to splurge on much in the coming year.
Chinese eCommerce giant Alibaba has launched a new English version of its counterfeit reporting system after facing criticism for being soft on counterfeit sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Last week, PYMNTS featured the B2B invoice scam, a growing phenomenon in which cyberthieves hack into company email accounts or impersonate officials within a corporation to falsify invoices. The scheme leads companies to unknowingly pay the criminal, while under the impression that they are paying...
Canada’s alternative small business lending market is slowly being saturated with new competition, and the industry has earned a new wave of attention thanks to U.S.-based OnDeck’s plans to go public up north. But a different trend is emerging that sees Canadian players launching operations...
Financial services and payments firm Worldpay may appear to be a mega-corporation that works with other big businesses, but according to reports in Forbes, the company actually prefers the small and medium-sized enterprise crowd — and a new focus on SME clients aims to make...