SoftBank-backed supply chain finance firm Greensill Capital has experienced a bevy of customers default in well-known accounting scandals and corporate meltdowns, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the data around the economic toll of the coronavirus pandemic rolls in, rallying cries from around the world are growing louder to support small businesses. Increasingly, those cries include calls to action for corporates to pay their small suppliers as more vendors struggle with...
Two years ago, Singapore launched its SMEs Go Digital campaign, a government effort to enable small businesses to modernize and embrace the cloud that continues today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Bó, the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report. Get the Full Story Complete the form to unlock this...
Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of complexities with shifting to remote work for many people, according to a Coveware blog post. Get the Full Story Complete...
Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than usual, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amid rising criticism over the loan effort, the Department Of Justice has reportedly discovered potential fraud among companies seeking relief with the Paycheck Protection Program (PPP). Assistant Attorney General Brian Benczkowski said prosecutors have reached out to 15 to 20 of the biggest loan processors...
For all of the happy life moments in which they appear, paper checks are unloved. So are paper invoices that precede them. The seeming incompatibility of paper and digital payments is somewhat of an illusion, however. In point of fact, most businesses of any size...
