The Asian Development Bank (ADB), which recently pegged the world’s trade finance gap at $1 trillion, is launching a new trade finance tool aimed at combatting money laundering. Reports in The Financial Express on Tuesday (Sept. 4) said the ADB is launching its Trade Finance Scorecard,...
Intel has struck new collaborations with artificial intelligence (AI) companies to broaden its enterprise AI capabilities. A press release on Tuesday (Sept. 4) said Chinese technology firm Baidu is working with Intel to combine their artificial intelligence and cloud technologies. The companies plan to apply...
Procurement’s digital transformation isn’t without its hiccups. Organizations are taking baby steps into eProcurement, digitizing supplier relationship portals, purchase orders, invoice management and payments, though not all businesses say their eProcurement efforts have paid off as much as they could, and should, be. Get the...
B2B eCommerce platform Udaan has caught the attention of investors to the tune of $225 million, marking what reports on Tuesday (Sept. 4) said is now the fastest-growing unicorn startup in India. Get the Full Story Complete the form to unlock this article and enjoy...
This past week, several collaborations between large tech firms, traditional FIs and FinTech upstarts stood out, with some blockchain projects thrown in for good measure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Sage CEO Stephen Kelly is stepping down from the position in a sudden announcement that sent shares down on Friday (Aug. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
For some small businesses, taking steps to digitize might feel like a game of Frogger. How does one know when to leap into a new technology without getting hit with issues like implementation problems, technical challenges and the threat of a wasted investment? What’s more,...
The enterprise is still unsure about faster and real-time payments. With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Walmart is reportedly trying out a new fulfillment strategy, and some vendors that use Walmart.com to sell goods are not pleased. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...