Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. Accounts receivable departments are often hospitals’ first lines of defense for maximizing...
Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy, too. Get the Full Story Complete the form to unlock this article...
Supply chain management firm E2open is expanding its operations through the acquisition of Amber Road, the companies announced on Tuesday (July 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Nestlé is piloting a blockchain project that focuses on supply chain information, with an emphasis on food sourcing, the latest in a round of food-centric DLT initiatives. Elsewhere, real estate transactions get a boost on blockchain.
Is the time ripe for B2B payments done in real time? In a Masterclass interview with Karen Webster, Andrea Gilman, senior vice president of product management and new payments at Mastercard, takes note of what’s happening around the globe — and says the U.S. is poised...
Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on banking in South Korea and consumer lending, as Visa tests its installment payment program.
Ahead of Prime Day this year, Amazon is introducing Business Prime in the U.K., according to reports on Monday (July 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
When reports last week in the Financial Times (FT) highlighted the thousands of offshore bank accounts frozen by Lloyds Banking Group, the news thrust the issue of anti-money laundering (AML) into the global spotlight, once again, as banks ramp up efforts to comply with more...
The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. Get the Full Story Complete the form to unlock...
