U.K. government officeholders and companies have chastised financial institutions for requiring personal guarantees for emergency loans that are backed by the state. The mandate puts much of the risk that the loan sours on the owner of the company instead of the institutions, the BBC reported....
To help create supplier and buyer digital collaboration, supply chain payments and marketplace company Tradeshift rolled out Tradeshift Engage. Many companies are now seeking to speed up digitization projects as social distancing measures due to the coronavirus pandemic make paper invoice processing not workable, according...
Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers. Get the Full Story Complete the form...
Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Online delivery platform Bringg has announced the early release of its new BringgNow solution to help with speedy online deliveries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
To offer vending and laundry machine operators instant cash access, PayRange Inc. rolled out a feature that lets machine operators immediately move mobile payment settlements to a debit card. The company said in an announcement that the aim of the effort is to support clients...
Software-as-a-Service (SaaS) ushered in a booming transformation for the enterprise. 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 newsletter, PYMNTS Today. By completing this...
As the European Union continues its electronic invoicing journey, officials have come to understand the value of format standardization to streamline and simplify the process of generating and ingesting these documents. Each member state, however, takes its own approach to adopting eInvoice standardization mandates in...
