In a B2B climate of delayed payments and heightened pressure for cash flow optimization, the commercial card has emerged as what many card companies and issuing banks would consider to be a middle ground between buyer and supplier. Cards enable suppliers to get paid right...
Shareholders have raised $478 million for U.K. challenger bank Metro Bank after an internet hoax raised concerns over the value of the institution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Despite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. 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...
Regulators are taking action after more than $6 billion in cash has disappeared from the books of two Chinese companies, according to Nasdaq reports on Friday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In Europe, companies grapple with late payments – but certain regions and countries lag in getting suppliers paid. A new study finds Slovak firms among the worst offenders, while in the US, late payments from a seafood processor makes waves.
Online small business (SMB) banking platform Azlo is integrating Kabbage into its solution to expand access to capital for its users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Small business accounting firm Xero saw its financial losses widen for the 2019 fiscal year, yet shares surged for the company as much as 10 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More than a year after Prospa delayed its initial public offering (IPO) plans, the Australian alternative lender is once again gearing up to go public — and hoping lower interest rates will quell concerns. Get the Full Story Complete the form to unlock this article and...
Barclaycard is introducing a new commercial card product in conjunction with AGCO Parts, a supplier of parts and after-sales services for the farming machinery space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
