Of the hundreds of thousands of freight carriers in the U.S. today, the vast majority are small fleets with only a handful of trucks. These companies have minimal credit histories in an industry notorious for tight cash flows, and that struggle to access traditional bank...
Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Late and delayed supplier payments are often discussed as a problem that can plague any industry. While that may be true, in the real estate sector, suppliers are considered such valuable partners that late payments are avoided at all costs, said Jennifer Coolidge, founder and...
Payroll fraud is underway, according to the FBI's "IC3" division, targeting employees in a number of verticals. The key method is phishing. Elsewhere, Europol warns that threats loom for payments fraud as mobile banking gains traction.
A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20). The head of BoA’s corporate and investment banking unit, Christian Meissner, is planning to leave, the WSJ reported, citing an...
U.K. fleet management company KeyFleet is rounding out its offering with added financing capabilities. Reports in The Business Desk on Thursday (Sept. 20) said KeyFleet is rolling out KeyFinance, a division of the business dedicated to linking fleet managers using its solution to financing offerings....
Artificial intelligence (AI) firm Suplari is targeting the procurement and finance functions in the enterprise with its newest offering. The company announced Thursday (Sept. 20) that its Insights Generator is now live, enabling businesses to use the Suplari Intelligence AI platform to develop custom analytics...
Robotics process automation (RPA) is a fast-rising star in the enterprise software space, touting its ability to go beyond surface-level automation and provide true efficiencies to businesses. Investors are clearly impressed, thanks to a funding round for one startup that now claims it may be...
Ant Financial, the financial services unit of Alibaba, is rolling out a new brand to provide financial institutions (FIs) with support for digital transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
