In Georgia, one Mohawk Industries employee allegedly scammed the company out of $766,000. In New York, a worker at Chevron Phillips Chemical Co. pled guilty to stealing $1.8 million from the firm. And in New Mexico, two Santa Fe government employees were placed on leave following...
McDonald’s franchise owners in Pennsylvania have settled a lawsuit filed in 2015 over their use of payroll cards, news reports on Wednesday (Oct. 25) said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on Wednesday (Oct. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Alternative and marketplace lending platforms promised faster, easier SMB lending than traditional banks could deliver and eventually led traditional financial institutions (FIs) to collaborate with their...
Intuit is adding a new service for its small business (SMB) users of accounting solution 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...
For the first time since Certify began tracking the data, Uber’s popularity with business travelers has declined, accounting for a smaller portion of corporate traveler rides in Q3 compared to Q2. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.K.’s Financial Conduct Authority (FCA) may not be done with its probe into the Royal Bank of Scotland (RBS), following allegations the bank profited from the demise of some of its small business (SMB) clients, according to news from Reuters this week. Get the Full...
Embracing electronic B2B payments is a two-way street: Payers and payees alike have to put in the effort to make the change. But there is a third party involved in this transition that plays a huge role in businesses’ ability to put down the paper:...
Of all the sensitive personal data consumers and businesses would rather not see compromised, financial data is surely toward the top of the list. But, a new report by cybersecurity company Thales e-Security suggests data breaches at financial institutions (FIs) are on the rise, and...
