Behind many shifting trends in small business (SMB) financial services — the rise of FinTech service providers, the emergence of artificial intelligence (AI), even regulatory efforts to promote bank switching — is a growing realization for the industry: Business owners don’t just want number crunchers...
After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. 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...
Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait for loan funds from the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ripple has seen more than 200 banks sign on to its blockchain powered cross border payment efforts. Progress? Sure, but perhaps a sea change is not in the offing for this $2 trillion global payments opportunity – at least not yet.
Supply chains continue to lag in digitization and technology adoption, with hurdles often relating to the costs, lack of understanding, or implementation difficulties associated with new tools. But a new report from American Shipper, sponsored by US Bank and Amber Road, reveals the collaboration required...
Australian alternative small business lender Prospa is hoping to start the new year off right, announcing that the company will adhere to the industry’s co-called Code of Lending Practice, a voluntary code for alternative lenders to promote fair terms and customer protections. Get the Full...
Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on Monday (Jan. 7). That brings the total patents now owned by FICO to 192, with 93 additional patents pending, reports said. Get the...
The fallout from ongoing trade tensions between the U.S. and China is likely to be felt on both sides, with analysts expecting the economic impact to reach billions of dollars. Recent analysis from Reuters noted the pressure being felt, in particular, by the agriculture and technology sectors,...
In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a traffic light system put the brakes on late payers in the region? Elsewhere, Jet Airways hopes its plan to reduce vendor payments takes...
