Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid on time — mean that business owners can struggle to meet their own financial obligations. Get the Full Story Complete the form to...
OakNorth Holdings announced that it has secured $440 million in funding from the SoftBank Vision Fund and the Clermont Group. 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...
State Bank of India announced that it has joined digital invoice discounting marketplace Invoicemart as a financier, a move that will make working capital available for more than 1,400 micro, small and medium enterprises (MSMEs). Get the Full Story Complete the form to unlock this...
Small businesses (SMBs) are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small business — and many firms are struggling. The latest research from Wells Fargo, Euler Hermes and Intuit finds late payments and market volatility...
Enterprise blockchain platform XinFin is joining the R3 consortium, with the R3 Corda marketplace hosting several XinFin apps for business users, the companies said in a press release Friday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Corporate travel and expense (T&E) management service provider Certify has compiled the most-expensed purchases among its business customers from last year, with Uber dominating the top spot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Technology speeds commerce and eases daily life, but also acts as a conduit to payments fraud. 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...
Corporate accounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Cyberattacks are a massive problem for organizations today, and the threat is only growing larger. IBM data said the average cost of a data breach is $3.86 million, with U.S. companies experiencing an even higher average of $7.91 million. Get the Full Story Complete the...
