Money transfer companies Tempo France and Orokii have opened a remittance corridor between the U.S., 27 European Union countries, the Philippines and Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Saying it’s meeting the growing demand for real-time treasury management, Citi has launched a new cash concentration capability that automatically transfers funds seven days a week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amsterdam-based venture capital firm Newion has opened its fourth investment fund with an initial closing of 130 million euros (about $128.3 million) and said it aims to invest in about 20 new early-stage startups focused on B2B software over the next five years. Get the...
Business communications solutions provider Quadient has launched a Software-as-a-Service (SaaS) solution for small- to medium-sized businesses (SMBs) that automates the preparation and delivery of invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Blockchain payments and digital commerce company Roxe has partnered with global remittance company Motoverse to ease cross-border remittance payments for clients in Mexico, Brazil, Vietnam and the Single Euro Payments Area (SEPA). Get the Full Story Complete the form to unlock this article and enjoy...
Today in B2B payments, Mastercard announces new and expanded benefits available to its small- to medium-sized business (SMB) cardholders, while U.S. Bank adds a cash flow projection tool to the online dashboard for its SMB clients. Plus, Société Générale is set to acquire a majority...
Declining profits at iconic tool maker Stanley Black & Decker recently led to cost-cutting layoffs, with reports the firm is laying off 1,000 finance employees amid larger cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in B2B payments, the African Export-Import Bank (Afreximbank) launches a payment service, Nipendo expands access to automated invoicing and WEX adds a digital wallet for B2B payments. Plus, PYMNTS research finds an opportunity for financial institutions to supply capital, cash flow assistance and payment...
The African Export-Import Bank, or Afreximbank, announced Thursday (Sept. 29) the broad launch of a payment service called AfPAY with the stated goal of facilitating easier transactions among African financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...