The U.K. may have been “ground zero” for Open Banking, but the collaborative model that brings together traditional financial services players and tech upstarts has been gaining traction in far-flung corners of the globe. To that end, Plaid, a technology company focused on financial services,...
When Sears announced its bankruptcy as 2018 came to a close, the headlines focused on the dramatic climb and fall of a 126-year-old retail institution. Now that the company has emerged from bankruptcy, the market will be closely watching the changes the company makes in...
Goldman Sachs and other investors have led a $44 million investment round in Nav, a company linking small businesses to their business credit scores and reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Business financing platform Beehive is expanding across Asia through a new banking partnership. 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....
Supply chains aren’t so much chains as they are intricate webs of connections between business partners: buyers, suppliers, logistics providers, banks, customs agents, FinTech platforms — the list goes on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid on time — mean that business owners can struggle to meet their own financial obligations. Get the Full Story Complete the form to...
OakNorth Holdings announced that it has secured $440 million in funding from the SoftBank Vision Fund and the Clermont Group. 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...
State Bank of India announced that it has joined digital invoice discounting marketplace Invoicemart as a financier, a move that will make working capital available for more than 1,400 micro, small and medium enterprises (MSMEs). Get the Full Story Complete the form to unlock this...
Small businesses (SMBs) are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small business — and many firms are struggling. The latest research from Wells Fargo, Euler Hermes and Intuit finds late payments and market volatility...
