In seed funding from well-known angel investors, corporate card FinTech Karbon Card has notched $2 million. Amrish Rau, the PayU founder and Pine Labs CEO, and Kunal Shah, Cred founder, are among the investors, VCCircle reported. Get the Full Story Complete the form to unlock...
Retailers worldwide are looking to expand their market share, but many are so focused on traditional B2C retail that they overlook an entire section of their consumer base: businesses, especially SMBs. These companies represent enormous market potential for conventional Get the Full Story Complete the...
The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To provide a digital lending offering for small business clients, Metro Bank has collaborated with banking software provider ezbob. The new offering will move clients through application to identity and verification, documentation, offer and acceptance over a period of minutes, which will allow funding to...
Emirates NBD, a leader in the Middle East, North Africa and Turkey (MENAT) region, has joined the LiquidX network, the latest in an increasing number of Asia Pacific banks to do so, according to a press release. Get the Full Story Complete the form to...
Initially dismissive and then distrustful, businesses mostly lost out on phase one of the instant money phenomenon. At this point in time, corporate treasurers are still more likely to have personally used a peer-to-peer (P2P) app than to have sent a real-time B2B vendor payment....
Eight banks — including HSBC and Standard Chartered — are ready to launch the Contour blockchain trade finance platform in Hong Kong, reports indicated on Thursday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There is good news, and there is bad news with regards to the path to addressing the unbanked and underbanked in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new stats on the financial damage such criminal activity has caused in the U.S. in recent years. Get the Full Story...