The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential threats they may present to the enterprise — the risks reach far beyond IT-related problems. Get the Full Story Complete...
Payments has taken center stage for bank-FinTech pairings, with Visa’s FinTech Partner Connect finding new reach to streamline the collaborative process. Plus, Deloitte ramps up its own efforts to modernize payments for financial institutions, and Horizon Bank proves it’s not just the largest of financial...
Rising supply and demand throughout the construction industry can be a fickle beast for the builders, contractors, buyers and suppliers operating in the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Trade finance blockchain company Komgo has closed a funding round with $29 million, a press release said on Tuesday (June 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Temenos, the banking technology company, and Canadian Western Bank (CWB) have built out Temenos Virtual COO, an Explainable AI-driven (XAI) offering. Temenos has rolled out the offering throughout the world, according to a Tuesday (June 1) announcement. Get the Full Story Complete the form to unlock this...
Today in B2B payments, PYMNTS releases new data on corporates’ cross-border payments innovation needs, and Truist discusses an industry-specific approach to business banking. Plus, Funding Circle collaborates with Atom on small business lending, Credit Suisse addresses the ongoing Greensill fallout and iBanFirst secures new investment....
Synovus debuted its Synovus Accelerate AR platform called to increase access to working capital and decrease exceptions by the way of straight-through processing throughout every payment channel. The solution is offered with payments and business technology company Deluxe, according to a Tuesday (June 1) announcement....
Consumer fraud is an ugly beast, but often, individuals can sleep soundly knowing that instances of fraud are often covered by their banks. Corporates, however, don’t enjoy the same consumer protections, and there is no guarantee that a business will be reimbursed in cases of...
For decades, the competitive edge of community and regional banks is that these financial institutions (FIs) operate in the same neighborhoods as their clients. For business customers, that’s an important component of choosing a financial service provider that can not only provide the necessary products,...