Weeks after Australia alternative lending platform Prospa cancelled its IPO, amid backlash over contractual agreements with borrowers, the company has bowed to regulators’ demands that it remove those contract clauses in question. Get the Full Story Complete the form to unlock this article and enjoy...
Banks continue to make moves in an effort to get their corporate clients off paper. Recent innovations in ACH payments has the payment rail as a new favorite choice for both buyers and suppliers, thanks to its speed and ability to transmit transaction data for...
Denmark’s largest bank is investigating $150 billion in transactions to find out if companies with ties to Russia used it to launder money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
New York, New York. If one can make It there ... they must be getting paid on time. Easier said than done where late payments reign, but legislation seeks to make government pay vendors more quickly. Also, good news on late payments down under?
U.S. businesses are optimistic, but that doesn’t mean entrepreneurs aren’t facing increasingly challenging hurdles. The latest data from ADP and other analysts signals a slowdown in job growth across the board, including among small companies, which may be forcing existing employees to be working more...
India-based B2B eCommerce company Industrybuying is reportedly shrinking its staff, unnamed sources told TechCircle on Friday (Sept. 7), raising concerns about the industry just days after investors made another B2B eCommerce company India’s fastest-growing unicorn. Get the Full Story Complete the form to unlock this article...
Tesla’s chief accounting officer, Dave Morton, has left the company after less than a month on the job. The company revealed in a securities filing last week that Morton had resigned, effective immediately, after joining the company Aug. 6. Get the Full Story Complete the...
Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Though it may be late payments that grab headlines in the U.K., the fact remains that small and mid-sized entities also have to grapple with fraud. Among those struggles is dealing with impersonation fraud, or business email compromise scams. By now, the process may seem...