U.K. alternative financial service (FinServ) players promising a small business (SMB) banking revolution — and a challenge to the status quo established by high-street banks — may have spoken too soon. The U.K. market has seen a surge in challenger banks and FinTech firms vowing...
Investors may have focused mainly on the headline numbers, where IBM missed top-line expectations. Management sounded sanguine on the earnings call about the longer-term potential of new tech trends that include blockchain.
Commercial payments company WEX is looking to expand its offering by acquiring one of its partners, Noventis. 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...
Enterprise digitization is beginning to see a troubling trend. While executives may understand the importance of key technologies like data analytics, artificial intelligence (AI) and machine learning (ML) to improve their processes, they don’t always turn that understanding into actionable adoption of those tools. Get...
Oracle is integrating its ERP platform into Citi’s Treasury and Trade Solutions (TTS) with the aim of accelerating corporate transactions, the companies said in an announcement Tuesday (Oct. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for business users. In an announcement Tuesday (October 23), American Express introduced the Amazon Business American Express Card, offering businesses a...
Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Canada’s mail and parcel operations under Canada Post have been hit by a worker’s strike amid ongoing contract tensions with the Canadian Union of Postal Workers (CUPW). While the post disruptions are certainly a headache for the public (consumers, businesses and government entities alike), there may be...
In the U.K., a group representing small businesses said larger firms that are late payers should not get government business. Separately, Sears' bankruptcy filing dominates headlines surrounding the once-mighty retailer. Now, a lawsuit has been filed over claims of unpaid invoices.
