Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere, Patisserie Valerie finds a huge cash shortfall, and a new report details that payments fraud seems inexorably on the rise.
Though B2B FinTech firms looking to disrupt small business (SMB) banking and expense management made some noise this week, the real focus for B2B venture capitalists (VCs) centered on the data analytics space, particularly as businesses struggle to capture the data they need as it’s...
Efforts to disrupt the logistics and freight industry have multiplied in recent years, particularly with the emergence of technologies like the Internet of Things and blockchain. These tools often promise to disrupt the way goods move through the supply chain, but in the U.S., an...
Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Blockchain B2B payments solution provider PayStand is expanding into Mexico, the company revealed in a press release on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Payments company Azimo, which has typically focused on consumer money transfers, is now stepping into the business payments space. 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...
Citi, HSBC and Banco Santander are among seven major global banks that are banding together to form a cross-border trade finance network, Reuters reported Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead of the regulatory uncertainty surrounding the world of blockchain, focusing on a particularly large hurdle for companies in the industry. Get...
SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and will keep rising, but infrastructure challenges remain.
