To let financial institutions provide trade finance functions to their small and medium-sized business (SMB) customers, Toronto-based Surecomp has rolled out its Fastrade front office product. The company said the technology lets trade-finance providers bolster customer service with an “easy-to-deploy, intuitive and scalable multi-bank channel”...
If payments were required within 30 days throughout the whole economy, financing company Greensill says large companies would need to quickly locate $65 billion in working capital. Kate Carnell, the small business ombudsman of Australia, however, called the remark “stupid” and noted “there would be...
As COVID-19 menaced the world, an acronym known to relatively few — PPE — made its way into the lexicon of ordinary people. Personal protective equipment, or PPE, was worth a king’s ransom at the pandemic’s apex, as were adjacent products from hand sanitizer to...
With a focus on expanding functionality for business customers, financial institutions (FIs) this week turned to FinTechs that could facilitate real-time data connectivity and analysis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Corporate treasurers within large enterprises may have the advantage of having relatively more resources to invest in technology, but between high transaction volumes, complex workflows and multiple banking relationships, finding a third-party treasury management tool is largely out of the question for many teams. Get...
Esker, which specializes in artificial intelligence (AI)-driven process automation software, has launched a new supplier management solution in its procure-to-pay automation suite, which will help businesses manage and automate their supply chains, according to a press release. Get the Full Story Complete the form to...
Peasy, a new U.K.-based startup, wants to help businesses get invoices paid faster, according to a 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 to...
To provide business insurance plans for companies on a monthly, daily or hourly basis, small business insurer Hiscox has teamed with Thimble, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. The cloud-based spend management provider said the offering was created to assist small and medium-sized businesses (SMBs) by allowing for effectiveness and management during...
