Former employees of German lender Deutsche Bank reportedly retained access to the financial institution’s systems, prompting an internal review of the matter, reports in the Financial Times said Monday (July 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.K. may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech pressure. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Geopolitical volatility has analysts urging businesses to hedge against foreign exchange risks as trade tensions rise in Asia and the U.S., and as Brexit continues to loom. Unfortunately, the latest analysis of corporate earnings suggests bottom lines are taking a significant hit as a result...
Cross-border B2B payments firm Payoneer has inked a new collaboration with Saudi-based payments processing company PayTabs. 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...
Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data shows a boost in the number of incidents and the value of the fraudulent transactions overall, according to a new report. Separately, in the states, the Inspector General has found that...
Source-to-pay solution provider Basware is enhancing its automation capabilities with the latest updated of its Purchase Manager tool, the company announced Friday (July 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
California BanCorp, the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. Get the Full Story Complete the form to...
In corporate payments, the term “silo” is synonymous with “headache.” The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Get the...
The story of buyers and suppliers — particularly enterprise-size buyers and SMB suppliers — is a familiar story no matter where in the world one is telling it. The supplier sends the goods and then they wait for payments — generally for a long time....
