Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in government procurement processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
U.K. private equity firm Hg is reportedly set to acquire small business payroll software company Personal & Informatik (P&I) several years after first acquiring the firm then divesting a majority stake. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Payments messaging technology provider SWIFT recently opened up its Know Your Customer (KYC) platform, the KYC Registry, directly to corporates. The initiative enables 2,000 corporate groups on the SWIFT network to utilize the KYC Registry by uploading and maintaining their KYC data with financial institutions....
Nearly two years have passed since U.K. construction giant Carillion collapsed, but the saga continues to send shockwaves throughout the global construction industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The last decade of payments innovation has developed new normals for senders and receivers of money that could not have been achieved — let alone imagined — 10 years ago: the rise of faster and real-time payments, the development of new technologies to ease cross-border...
As it ponders an IPO in the next two years, Sweden’s caller ID firm Truecaller has been piloting FinTech products to offer credit to small businesses, Bloomberg reported. The startup has been successfully extending credit to small business owners in India, and plans to expand...
Blockchain-enabled commercial payments platform Paystand entered into an initial partnership with JCB to offer the first end-to-end digital payments platform for JCB customers and Japanese enterprises. The proposed solution takes on a significant gap in Japan’s current B2B payments market, and provides the corporate subset...
To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds Banking Group is to make a special £35,000 ($45,547.60 USD) payout to 191 fraud victims. Lloyds’ Managing Director Jo Harris...
