Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. Get the Full Story Complete the form to unlock this...
Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped. 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...
Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Increasingly, the corporate card industry is also looking at ways to take advantage of the unique challenges in particular industries. Get the...
LexisNexis CounselLink, a legal management solution for corporate legal departments, has teamed up with capital solutions provider LSQ on CounselLink FastTrack, a faster way for law firms to get invoices paid, according to a release. Get the Full Story Complete the form to unlock this...
Greek challenger bank Praxia, founded by British-American banker and former Barclays CEO Bob Diamond, will be sold to payments processor Viva Wallet after the country’s central bank intervened, according to a report. Get the Full Story Complete the form to unlock this article and enjoy...
Australian telecommunications giant Telstra neglected to tell its smaller suppliers in a timely manner that they would be moved to supply chain financing, The Australian reported on Tuesday (Jan. 28). Telstra teamed with Silicon Valley supply chain FinTech Taulia to “bolster its cash flow at...
Barclays Corporate Banking is rolling out a unique term loan cashback program to eligible small to medium-sized business (SMB) borrowers in the U.K. in conjunction with a 450 million pound ($584.8 million) ENABLE guarantee from the British Business Bank (BBB), Barclays announced Tuesday (Jan. 28)....
When it comes to payment rail innovation, transaction speed is often the catalyst driving change. This week’s examination of the latest innovation initiatives finds this to be true both for innovators exploring ways to improve existing rails — like ACH — as well as those...
Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level. 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...
