A group of 14 banks, led by UBS, is eyeing blockchain for trade settlement use across borders in a process that uses tokens. Elsewhere, blockchain is gaining traction in efforts to boost supply chain efficiencies across pharma and other verticals.
The digital transformation of the enterprise is ushering in a new era of efficiency, thanks to the opportunities that electronic data offers. However, the shift has also introduced the age of data silos, with back-office platforms struggling to connect and communicate with each other. Get...
Wells Fargo announced on Tuesday (June 4) that it has restructured its commercial banking business. 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,...
Germany-based digital small business bank Penta has announced its new chief executive officer. 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....
The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears and Kmart. But the fallout for B2B vendors of Sears resulting from the company’s financial struggles continues under the radar....
China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Of all of the back-office financial operations of a small business, payroll is one that is evolving perhaps the most dramatically, and quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Procurement and corporate payments firm SAP Ariba has reportedly ended its supply chain finance agreement with PrimeRevenue. 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...
Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across the world, new Dun & Bradstreet (D&B) data revealed. Researchers found new cause for optimism with findings that nearly half of all countries...
