A group of U.K. financial institutions are signing a voluntary code to refund consumer and small business victims for fraud schemes, the BBC reported on Tuesday (May 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Driving efficiency in accounts payable (AP) can stem from an array of efforts. Adopting electronic payments and getting rid of paper checks is certainly one way to boost AP efficiency. In addition, adopting a digital accounts payable platform can streamline operations, as well as open...
The Federal Trade Commission has launched an investigation into the merchant cash advance industry just days after FTC Commissioner Rohit Chopra called on the watchdog to tackle unfair small business lending practices. Get the Full Story Complete the form to unlock this article and enjoy...
U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over the dominance of the Big Four auditing firms. The U.K. Financial Reporting Council (FRC) announced late last week that it...
India-based firm PayMate, which provides B2B payments and small business (SMB) financing solutions, offered an update to The Financial Express about its partnership with Visa, announced earlier this year. PayMate told reporters that it plans to launch its operations in the Middle East in the middle...
A U.S. senator has sent a letter to the Small Business Administration (SBA) questioning the agency’s backing of loans to struggling franchisees of Subway and other chains, reports in Restaurant Business Magazine said late last week. Get the Full Story Complete the form to unlock...
While late payments to small B2B suppliers appears to be a universal challenge, the U.K. has arguably shed the most light on the problem thanks to industry efforts to raise awareness, and regulatory efforts to lower days payable outstanding. Get the Full Story Complete the...
Enterprise spend data company Comdata is strengthening its position in the construction vendor payments industry through an integration with Jonas Construction Software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
FinTech firms are making strides in cross-border payments and tie-ups with more traditional players, as evidenced by Numbrs linking with German insurer Allianz. Elsewhere, faster payments gets a boost in the U.K.
