Netherlands-based factoring company Factris has announced the completion of its takeover of Lithuanian firm DEBIFO, the companies said Monday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
U.S. investors have placed new funds with U.K.-based corporate payments and treasury technology company AccessPay, reports in The Telegraph said on Sunday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14), with more than three million FX transactions having already been processed by the bank in the past year via blockchain. Now, the bank...
Kabbage, the financial services, technology, and data platform company for small businesses, announced Monday (Jan. 14) that it is powering the Pay Later program for U.S. buyers on Alibaba.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Goldman Sachs is planning to launch a cash management service next year, and might even offer its existing corporate clients more for their deposits as a way to lure them into signing up for the new service. Reuters cited anonymous sources, revealing that the fifth-largest bank...
Worldwide enterprise investment in IT is slated to reach $3.7 trillion, according to 2017 Gartner statistics, marking the fastest growth rate in a decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.K. government has reportedly rejected recommendations by the Treasury Select Committee that suggested stricter regulations on bank lending to small businesses (SMBs). Reports in The Guardian Friday (Jan. 11) said policymakers are speaking out against the government’s decision to not regulate small business lending,...
The late payments epidemic continues in the U.K., and larger firms take longer to pay. Separately, it’s no cakewalk for Patisserie Valerie to get suppliers paid on time, and McKesson is demanding payment from a retailer for its unpaid invoices.
Panasonic has announced that it will showcase its latest collection of technology solutions for customers in the manufacturing, logistics and retail sectors at NRF 2019: Retail’s Big Show. The company is set to introduce the new solutions via a series of educational main stage presentations on...
