Trade finance remains an essential tool for cross-border B2B trade, and with an estimated $1.5 trillion gap in available trade finance, non-bank players have flooded the market to address the demand — and introduce efficiencies to an area of finance that has historically been bogged...
President Trump has tapped Jovita Carranza to lead the Small Business Administration (SBA), a move confirmed by the Senate in a bipartisan 88-5 vote, The Hill reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
British bank Standard Chartered is investing an undisclosed amount in China’s supply chain platform Linklogis, earning an equity stake, and further enhancing its ongoing partnership, Standard Chartered announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Aflac Global Investments, the AFL asset management unit of Aflac Inc., has announced a takeover that will position the company to strengthen its financing operations in the middle market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
B2B technology startups continue to gain valuable attention among venture capitalists. 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 newsletter, PYMNTS Today. By completing...
Though the middle market might have more resources than small businesses, many firms in this category are only just beginning their digitization journeys. As these businesses migrate to the cloud and upgrade their back-office systems, their service providers are tasked with finding the middle ground...
Few small businesses (SMBs) are immune to the risk of delayed and late payments. With payment terms an age-old practice in B2B trade, ensuring trust between a buyer and supplier is essential for small vendors that provide goods and services — in the hope that...
U.K. payroll startup Earnt It wants to help the “millions of people in the U.K. who often resort to overdrafts, credit cards and payday loans to cover unexpected costs when they arise,” and those who can’t even gain access to money they’ve already earned, according...
Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group, an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners, according to a press release. Get the Full Story Complete the form...
