The vast majority of traditional financial institutions (FIs) plan to increase their collaborative efforts with the FinTech world, according to a PwC report published last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Size matters when it comes to payments fraud, it seems. Recent stories show local companies targeted for big payouts, done through fake invoices, and of course, unauthorized use of corporate cards.
It seems that blockchain may never leave the lab and enter the real world. And, indeed, this week’s Blockchain Tracker continues its coverage of ongoing tests and trails of blockchain solutions. That includes a new Know Your Customer (KYC) application for banks, as well as...
Australia-based Trade Ledger is launching its open banking and lending platform for corporates in Europe, the company announced Tuesday (July 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K. continues to consolidate its payments industry, with its New Payment System Operator (NPSO) announcing the latest step in the initiative. A press release on Monday (July 2) said the NPSO acquired the U.K. Payments Administration and has taken control of the nation’s check...
Two supermarket conglomerates are teaming up and combining their leverage to get better payment terms from their suppliers. Reports in Reuters on Sunday (July 1) said France’s Carrefour and the U.K.’s Tesco, Europe’s largest grocer groups, are forming a global purchasing alliance that would enable...
Amid talk of enterprise digitization, discussions about paper invoices and checks persist. New research suggests a vast divide between businesses that have embraced technology and electronic processes in the accounts payable department and businesses that instead prefer to retain those paper invoices and checks. Get...
Strong cash flow among U.S. small businesses means less demand for financing, and trend is reflected in the latest figures from Pepperdine University‘s Graziadio Business School in conjunction with Dun & Bradstreet. Get the Full Story Complete the form to unlock this article and enjoy...