They say “you’re biggest competitor is yourself.” In corporate finance, though, it may not pay to look at financial performance in isolated fashion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Alternative small business finance firm Funding Circle has signed on to provide data to dv01, a reporting and analytics platform focused on boosting transparency in the lending markets. In a press release issued Thursday (Oct. 11), the companies said they have struck a partnership allowing...
Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements. Reports in The Wall Street Journal said the changes could “upend” loan agreements, and...
American Express is introducing a new solution to accelerate B2B payments to suppliers. 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....
Banco Santander will use Ripple's ledger through OnePay FX, expanding XRP's presence. In Singapore, cross-border efforts gain traction as Wallex gets funding.
It’s no surprise the financial service industry’s move toward open banking may not be the most favorable trend among banks. With data considered under ownership of the customers and not the bank, financial institutions are exposing themselves to market competition, security risks and other threats...
With talk of bankruptcy growing louder for Sears, the struggling retailer has reportedly stopped paying suppliers. Reports in Reuters on Thursday (Oct. 11) said three suppliers have reported missed payments from Sears in the last several weeks. The reports have heightened concerns about the company’s...
Europe’s largest banks have landed in the hot seat, thanks to a recent Fortytwo Data report that found 90 percent had been sanctioned for money laundering activities. Now, a new report is shining a spotlight on European banks’ lackluster performance in another area: small business...
HSBC and Standard Chartered have vowed to continue supporting Chinese companies amid ongoing trade tensions, according to reports Wednesday (October 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...