SMBs, paticularly micro-SMBs with fewer than 10 employees, face risks and risk challenges unique to all of financial services, Tide CEO Oliver Prill told Karen Webster in a recent conversation. Which means building financial and business services for them can be an incredibly tricky process....
Finance-as-a-Service startup Consero Global secured $50 million in funding for its solution, with reports in AustinInno calling it one of the largest investment rounds for a mid-market financial services startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Small businesses’ use of alternative finance platforms is slowly on the rise. While data from the Federal Reserve shows small and large banks still tower over online lending platforms when it comes to small businesses that seek financing, the Fed has recorded a steady climb...
Electronic payments company ACI Worldwide is integrating its technologies with SPAN Enterprises, a tax filing technology provider, to power tax payments for the fleet industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Investors also took a liking to accounting technology, alternative small...
U.S.-based Axiom Bank is expanding its business lending capabilities through the acquisition of Allied Affiliated Funding, reports said Thursday (Aug. 23). A press release announced the takeover agreement, which will see Axiom absorbing Allied’s asset-based lending and factoring offerings. The acquisition will also bridge Allied’s...
A lack of access to funding may have opened the doors for alternative finance, but AltFin’s ability to quickly innovate and provide digital services — often faster than traditional banks could — means that online lending platforms have been able to compete and gain traction....
There's nothing new under the sun, except when it comes to payments fraud. Phishing still grabs victims by the wallet, and Barclays warns against social engineering. In the meantime, fake invoicing made the news in the UK and elsewhere.
The World Economic Forum (WEF) has reportedly begun recruiting banks to combat cybercrime, beginning with Sberbank in Russia. 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...
