As customers delayed payments in the wake of economic deceleration, firms in China are waiting two times as long for payments than they did in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Supply chain delays are impacting the restocking activities of merchants, with Crocs Inc. and Steve Madden Ltd. leaders saying in their Q3 reports that they were impacted by shipping bottlenecks in moving products to shops and distribution hubs, The Wall Street Journal reported. Get the Full Story...
Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. Plus, Hong Kong’s Statrys raises funding for its SMB FinTech, Repay Holdings inalizes its CPS Payment Services takeover, and AlfaBank joins blockchain trade finance network Contour. Get the Full...
In natural disasters of the recent past we’ve witnessed government and NGO responses ranging from effective to dangerously disorganized. The COVID episode was not much different in that it taxed infrastructures and negatively impacted money flows already under duress. Get the Full Story Complete the...
Corporate travel may still be at record lows, but that doesn’t mean corporates aren’t making good use of their commercial card products. In this week’s Commercial Card Tracker, PYMNTS looks at the latest corporate card solutions that reveal the opportunity of rapidly digitizing commercial payments....
Even with the digitization of the invoice, fraud remains a rampant problem, and it’s not only the buy-side of the B2B equation faced with the consequences. Whether through malicious intent by legitimate vendors, the altering of real invoices by cyber attackers, or the generation of...
Trade finance is an area of financial services that is notorious for its continued use of paper and legacy systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Optimizing B2B payments means providing a consumer-like experience while ensuring a seamless workflow, security and centralized control over spend within the enterprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Hong Kong-based digital payment platform Statrys has recently landed $5 million in funding through a closed-door funding deal with an angel investor with the expectation that the firm will get market share in the expanding remittance and digital payment arena, according to an announcement. Get...
