Saxo Bank has divested its global B2B payments solution Banking Circle, according to a Monday (July 9) press release. 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...
A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to BBC reports from Monday (July 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.K. bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking events that bring entrepreneurs to Shanghai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In a sign of strength for the U.S. economy, banks are reporting that business loans are on the rise. According to The Wall Street Journal, preliminary second-quarter data from the Federal Reserve indicates that the year-over-year growth rate of business loans rose to 5.5 percent...
The latest jobs report by the U.S. Department of Labor signaled a healthy employment environment for June as 213,000 positions were added in the month, surpassing earlier expectations. Analysts noted an upward revision of job gains in April and May, too. Get the Full Story...
For a few years now, the procurement department has earned rising attention for its potential to become a strategic component of the enterprise — not simply one that spends company money. There is no single path to building up that strategic role, however. Get the...
U.K. bank Barclays is encouraging small businesses (SMBs) to invest in new equipment, machinery, vehicles and other assets through a new cash back program, according to reports in The Financial on Friday (July 6). Get the Full Story Complete the form to unlock this article...
Mint Gateway for Electronic Payment Services, a unit of The Mint Corp., is expanding payroll card operations across the African continent, a market that represents significant growth for the company. A recent press release said Mint has entered into an agreement to process Mastercard-branded payroll cards...
Late payments dominate the news in Kenya, where corruption drains coffers and hurts suppliers. In other countries, ePayables has gained attention and adoption along the supply chain in addressing cash flow management.
