The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants...
BEC makes inroads, now through attempted direct deposits into employee bank accounts, and where state employees in Mississippi are among those being targeted. Elsewhere, an MP in the U.K. stands accused of falsifying expense reports. In the U.S., a farmers' collective is bilked for millions of...
Cortex, a provider of accounts payable and accounts receivable solutions for the oil and gas sector, has agreed to be acquired by Drillinginfo, a press release said on Thursday (Feb. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Lending performance data solutions provider Brismo is integrating its technology into the LendingClub platform, enabling lenders to analyze the performance of their portfolios. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to industry competitors has hit roadblocks that could spark controversy as the first of the funds are issued. Get the Full...
SalesTrip, a new corporate travel expense management firm, is launching its product this week in the U.K. The company has integrated a travel booking and spend management solution that it says is the first to operate on Salesforce, reports in Realwire said on Wednesday (Feb....
The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on big bank misconduct against small firms, while simultaneously exploring ways to inject competition into the sector via initiatives like the RBS fund. Get...
Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
On-demand food delivery company Munchery shuttered operations earlier this year, sending an email to customers that it would immediately cease operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
