The conundrum of cannabis banking in the U.S. is both a headache for legal marijuana businesses and an intriguing case study for the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The Financial said Friday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The National Federation of Independent Business (NFIB), a small business lobbying group, released a report last week revealing historic highs for small business (SMB) optimism and earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A group of payments, technology and government players in Canada have joined together to tokenize central bank cash and assets to facilitate instant settlement of securities on blockchain technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
China appears to be making progress in its fight against shadow lending even as new lending overall increased in April, according to data reported by Reuters on Friday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. Also landing on the board this week are alternative lending,...
France-based startup Tinubu Square is launching an innovation lab to explore technologies for the trade credit finance and insurance industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
According to data released on Thursday (May 10) by small business accounting firm Xero, the company has reduced its losses for Fiscal Year (FY) 2018 compared with last year. Reports from ZDNet said the company posted an after-tax loss of more than $19 million, significantly smaller than...
The Australian government is planning to cut funding for its corporate watchdog, despite the regulator warning that a lack of resources has already limited its effectiveness. Reports in Reuters said the Australian Securities and Investment Commission (ASIC) could see cuts of 8 percent over the...
