Based on information from six nations, with the inclusion of the U.K., regulators in Europe said on Monday (April 6) that Mastercard’s plans to purchase a portion of Nets presents a sizable risk to competition on the continent. The payments firm had unveiled plans last summer...
Rifkin Weiner Livingston LLC has filed an amended complaint against Bank of America (BoA) for allegedly giving its lending clients a higher priority and denying or limiting access to the Paycheck Protection Program (PPP) to its depository clients and other small firms, according to a...
While troubling times can showcase humanity’s resiliency, they can also bring out the worst in people. 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...
The architecture and engineering (A&E) supply chain is a complex web of designers, builders, contractors and sub-contractors, project owners and more. With multiple business models available to initiate and complete a project, the flow of cash from one participant to the next is often bottlenecked...
Nearly every industry is experiencing some type of disruption in B2B payment flows, from comic book publishing to fashion to food and beverage. Not all organizations are feeling that disruption in the same way, however. Get the Full Story Complete the form to unlock this...
Record to Report software provider Trintech has partnered with Sage in order to collaborate on new, speedier financial close processes, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Banks were supposed to start taking applications for the Paycheck Protection Program (PPP) on Friday (April 3), but among the bigger U.S. lenders, only Bank of America (BoA) and JPMorgan Chase were able to launch — and were swamped by applicants, according to a report...
British lender Nationwide Building Society has curbed its plan to begin a business banking venture, saying the coronavirus has made that field nonviable for the time being. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
To protect exporters from the risk of not receiving payment if clients can’t pay their debts, the U.K. is growing the purview of its export insurance policy. The country joins other nations that have offered supply chain insurance support, The New York Times reported. Get...
