A major workers’ union in the U.S. has developed its own payroll debit card with ADP in response to proposed regulations that would impact the ability for unions to have member dues deducted automatically from paychecks. Reports in Bloomberg on Tuesday (Oct. 9) said the...
The alternative finance boom post-2008 financial crisis undoubtedly provided more options for small business (SMB) borrowers, but that doesn’t mean the industry is guaranteed to become a staple among entrepreneurs seeking financing. Traditional banks remain the most popular choice for small business owners that need...
Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. The changes, initiated by the Financial Accounting Standards Board (FASB), will affect the way businesses report...
Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct, reports in Reuters said Monday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Pakistan is taking a significant step toward promoting digital B2B payments in the country. 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...
The International Chamber of Commerce‘s (ICC’s) Banking Commission is collaborating with bank-owned database Global Credit Data (GCD) to broaden the scope of the ICC’s Trade Register, an announcement revealed Monday (Oct. 8). The Trade Register provides banks with insight into risks in global trade and export...
Shares in Australia-based small business cloud accounting software company MYOB jumped as much as 20 percent Monday (Oct. 8) following reports it is considering a takeover offer by private equity firm KKR & Co. Get the Full Story Complete the form to unlock this article...
Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. For decades, business partners have gathered at in-person meetings, conferences and networking events to do business, with the physical business card...
The latest rundown of small business (SMB) finance research uncovers key areas for improvement: Younger small business owners are more often relying on personal credit cards for business purchases, paper remains a staple in the finance department, and, while small business loan delinquency rates overall...
