The U.K. Financial Conduct Authority (FCA) is facing renewed criticism, this time over its handling of the program set up by Lloyds Bank to compensate small businesses impacted by fraud at its HBOS unit. Get the Full Story Complete the form to unlock this article...
Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will initially focus on robo-advisors and consider blockchain. Across Europe, Revolut looks to make inroads with a banking license, and an Israeli FinTech startup gains the financial backing of some big banks.
Human resources and payroll management solution provider Paychex is integrating its data into QuickBooks Online to synchronize data for joint customers in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Instead of number-crunching, accountants — like other financial services...
The Australian government has announced plans to set aside millions of dollars to support small business (SMB) cybersecurity, digitization efforts and accelerated supplier payment times, according to The Sydney Morning Herald on Monday (Dec. 17). The release of its mid-year financial outlook sees the Australian government...
There is a lot to be optimistic about for U.S. businesses. A strengthening economy and forecasts of new revenue heights have corporates large and small looking up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. Get the Full Story Complete the form to unlock this article and enjoy...
Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance. Get the Full Story Complete the form to unlock this article...
New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. In an announcement on Thursday (Dec. 13), Bill.com said in its report, “The Rise of Modern Business Payments,” that accounting professionals now point to ACH payments as the dominant way...
