To provide relief to small suppliers as the coronavirus continues to squeeze supply chains and rock cash flows, U.K. grocery giant Morrisons announced Friday (March 13) it would be accelerating vendor payment terms to just 48 hours. Get the Full Story Complete the form to...
While they’re often used interchangeably, accounts receivable (AR) management and credit management are not one in the same. 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...
Italian factoring startup CashInvoice launched an equity crowdfunding campaign on CrowFundMe, hoping to raise at least 200,000 euros ($222,000), the company said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Securities and Exchange Commission (SEC) voted last week to ease audit requirements for some small, publicly traded companies, the agency said in a statement Friday (March 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Morrisons, the U.K.’s fourth-largest supermarket chain, is planning to pay its small suppliers immediately to help keep them solvent during the coronavirus crisis, Retail Gazette reported Friday (March 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. 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...
With more than $93.7 million in new funding, B2B FinTechs this week are finding support from investors embracing startups’ focus on small- to medium-sized business (SMB) finances, from banking to payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. Compare that to the U.S., where penetration is upwards of 80 percent. Get the...
With the acquisition of Apply Financial, Accuity wants to speed up payments for customers, it said in a statement Thursday (March 12). Terms of the deal were not released. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
