Most individuals would feel compelled to have a good excuse if they were late in paying back someone who lent them money. This isn’t the case in the world of trade credit, however, in which millions of U.S. firms sell their products and services to...
Australian small business cloud accounting company MYOB was managing a system glitch last week after it confirmed hundreds of payroll reports known as group certificates or payment summaries were sent to the wrong recipients. Get the Full Story Complete the form to unlock this article...
The U.K. is perhaps the most vocal market in the late B2B payments world, with regulators working to address delayed invoice payments, while FinTechs and banks weigh in on the matter with their own efforts to tackle the issue. Some, like Xero and FreeAgent, have...
In B2B commerce’s pursuit of the “Amazon-like” experience, both buyers and vendors have quickly discovered that business-to-business cannot take the same path that the business-to-consumer market did. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Onyx CenterSource, a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro eInvoicing capabilities. Get the Full Story Complete the form to unlock this article and enjoy...
This week, more than $187 million in new funding landed at B2B finance and tech startups, though not all of it was concerned. Investors diversified, with targets based in India, the U.S., Sweden, France and the U.K. — and with solutions ranging from cross-border payments...
Although business lending requires the aggregation of data from a multitude of sources, there is typically only one financial institution managing the process. Trade finance and the facilitation of trade transactions, however, require complex coordination between businesses, their service providers and their financial institutions to...
A former executive at corporate travel technology firm Sabre Airline Solutions has reportedly reached a plea deal with prosecutors following allegations of invoice and wire fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters said this week, and analysts are advising the FinTech to go further to protect itself. Get the Full Story Complete the form to...
