CIT Group will add a new level of B2B payment functionality to the software from workflow solutions provider Fintainium, aiming to make accounts payable (AP) and accounts receivable (AR) functions easier on small- and medium-sized businesses (SMBs) amid the coronavirus pandemic, according to a press...
In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has put significant enhancements throughout its array of products into place. The indirect spend management company also rebranded its products and technology platform to...
The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers and other business partners attached to checks. Moving from paper to digital has evolved for...
Newtek announced on Monday (April 27) that its lender program, Newtek Small Business Finance (NSBF), has funded $518.2 million in loans for the federal Paycheck Protection Program (PPP), according to a press release. Get the Full Story Complete the form to unlock this article and...
To help support the operations of small and medium-sized businesses (SMBs) as they contend with the economic disruption brought by the coronavirus, IDB Invest and the Mexican Business Council (CMN) have unveiled an effort to offer a maximum of $12 billion in loans annually. Get...
Challenger bank Shine, a French startup, has introduced a new program to insure invoices to help make sure they are paid, according to a TechCrunch report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Silicon Valley working capital FinTech Taulia is partnering with J.P. Morgan to develop a new trade finance solution that will give businesses liquidity to strengthen their supply chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
While the B2B procure-to-pay arena has continued its pursuit of a consumer-like experience in product sourcing, online purchasing and payments, B2B payments have a long way to go before they mirror anything like the ease and speed of peer-to-peer (P2P) payments. Get the Full Story...
The food and beverage industry is enduring some of the most dramatic and sudden fluctuations in customer demand and shopping habits of any other market during the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...