One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. Get the Full Story Complete the...
Wells Fargo announced Monday (Oct. 1) the release of Control Tower, an addition to its mobile app that allows small business and consumer customers to gain a streamlined view of their finances. Get the Full Story Complete the form to unlock this article and enjoy...
NACHA — The Electronic Payments Association, announced Monday (Oct. 1) that the Business Payments Directory Association (BPDA) will become an independent, member-led, self-governed group under the NACHA organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A top infrastructure lender in India is now being questioned by regulators over its $12.6 billion debt, just months after creditors gave the lender a seal of approval. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A new survey from Bank of America Merchant Services shines a spotlight on the increasing concerns — and increasing costs — of data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As financial institutions (FIs) invest in technology in an effort to position themselves more competitively against FinTech firms, the development of so-called chat bots and “robo advisors” has accelerated. Projects from Wells Fargo, JPMorgan Chase and RBS have all surfaced in recent years, as FIs deploy...
What does small business (SMB) lending look like? It depends on many factors, including one’s location. For example, alternative finance in the U.K. seems to be kicking off, showing evidence of surpassing traditional bank lending at many times. Meanwhile, in the U.S., SMBs are too...
Late payments are on the rise in Eastern Europe, according to Atradius’ latest report on global debt collection practices — and late payments are being used as a form of financing. Elsewhere, in the United Kingdom, late payments are impacting healthcare.
Cryptocurrencies are gaining more attention for a less expected reason: industry players’ interest in working with regulators to smooth out uncertainty in the market. As this happens, crypto startups have landed new funding for their efforts to bridge businesses with related financial services, with backers...
