This week, the EU Parliament voted for new rules mandating that banks cut fees on cross-border euro payments for countries within and outside the Eurozone. As reported by parliament, the body voted by 532 in favor and 22 against (with 55 abstentions) to set the...
Cross-border payments company FairFX is joining the U.K.’s Faster Payments Scheme after the Bank of England granted the firm settlement accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
KyckGlobal is rolling out its blockchain-powered human resources and funds disbursement portal designed to make it easier for companies to pay their freelance workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
UMB Financial Corporation is teaming up with Bottomline Technologies to integrate an accounts payable management offering for corporate customers. 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...
Cross-border payments firm Veem is introducing a rewards program for its business customers. 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....
Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. As SMBs become larger targets for cybercriminals, Mastercard is launching a new initiative in an effort to support small businesses’ defenses against these attacks. Get the Full Story...
Small business (SMB) adoption of technology can be a process filled with growing pains and friction points, thanks to the cost and disruption associated with integrating a new technology. Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering...
U.K. alternative small business (SMB) lender iwoca announced on Monday (Feb. 18) a fundraise worth nearly $194 million. Reports in Business Leader said Augmentum Fintech led the Series D funding round, which was made up of equity and debt capital, while NIBC Bank and existing...
Payroll and accounting software company Patriot Software is addressing the friction of onboarding employees to receive wages via direct deposit. In an announcement on Monday (Feb. 18), Patriot Software said it is rolling out Patriot Direct Deposit, a way to streamline employee onboarding to direct deposit...
