Recent news from Walmart in Mexico put the spotlight on the retail giant’s rivalry with Amazon earlier this month, when Reuters reported that Walmart is demanding discounts from its food suppliers that also supply products to Amazon. The story emphasized the intense competition mega-retail endures...
B2B payments company PayStand is turning its attention to the accounts receivable (AR) side of business transactions with a new solution announced today (April 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
While corporates are adopting stronger internal controls to combat the threat of payments fraud, new data from the Association for Financial Professionals (AFP) reveals the number of incidents has continued to climb to new heights. Get the Full Story Complete the form to unlock this...
Bank of America is making changes to its cash-back small business credit card, reports in NerdWallet said this week. The biggest change to the bank’s Business Advantage Cash Rewards Mastercard small business credit card is a lower cap on bonus rewards. The previous program offered...
The Association of Financial Professionals released new data this week that revealed the threat of payments fraud continues to climb, particularly for large enterprises, as scams like ACH fraud and the Business Email Compromise climb to record levels. Get the Full Story Complete the form...
Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to invoice payment and reconciliation. Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders:...
Blockchain company XinFin is rolling out an integration between its invoice factoring application InFactor and QuickBooks. 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...
Mexico’s BancoBASE is revamping its corporate payments processing capabilities through a partnership with Volante Technologies, the companies said in an announcement Tuesday (April 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
While use of trade finance continues to climb, the International Chamber of Commerce‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower...
