To gain speed and transparency, cross border payments need new infrastructure. Recent news show partnerships among banks, and in some cases, consortiums of FIs. Some efforts target blockchain, too – all with the ultimate goal of boosting trade finance and supply chain finance efficiencies.
Hong Kong’s central bank has announced measures that top financial institutions of the city plan to deploy in support of local small businesses, Reuters reported Wednesday (Oct. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Without regulatory mandates, the Open Banking wave is crashing on the shores of the U.S. financial services (FinServ) sector. 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...
Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Cash flow forecasting FinTech Cashforce has announced a $5.5 million Series A funding round on Tuesday (Oct. 15) led by INKEF Capital and Citi Ventures, with Citi also announcing a strategic partnership with the company. Get the Full Story Complete the form to unlock this...
Payments company Repay Holdings Corp. is broadening its B2B payments footprint through the acquisition of APS Payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Germany-based Wirecard is once again facing allegations of accounting fraud by the Financial Times (FT). 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 newsletter,...
When Pitney Bowes, a major logistics service provider, revealed that it had fallen victim to a ransomware attack, it was only the latest case revealing the threat that cyberattacks not only pose to companies, but also to their business partner networks, suppliers and supply chains....
