As returns from cash management offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in 2020. But a somewhat fast bounce-back for transaction banking revenues is forecasted to take place next year, the Global Trade...
Global payroll company Papaya Global has landed $40 million in a Scale Venture Partners-led funding round, according to a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Paris-based business bank Memo Bank is offering a new product three months after obtaining its full banking license, the company said on Wednesday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Lending marketplace October worked with major investors and raised €258 million (close to $303 million) over the summer to fund loans to small and medium-sized businesses (SMBs), the company said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...
The corporate card can have a home in the digital wallet thanks to collaborations and technology platforms designed for card issuers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The public sector has a unique challenge ahead. An estimated 40 percent of professionals in the space are getting ready to retire. Clearly, the pressure is on for public entities to rebuild their talent pipelines with the next generation of talent. Get the Full Story...
Paperless trade enabler essDOCS has joined Temenos‘ MarketPlace, allowing for the digitization of shipping and trade documents, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Global trade management (GTM) and logistics company Intelage has notched $3.5 million in Blumberg Capital-led seed funding with participation from Vulcan Capital in addition to others. The company’s client network currently runs in Vietnam, Korea, Indonesia, Egypt, China and the United States, according to a...
The Bank of New York Mellon (BNY Mellon) has appointed Goldman Sachs alum Robin Vince as its new vice chair and CEO of global market infrastructure as of Oct. 1, a press release states. Get the Full Story Complete the form to unlock this article...
