U.S. small business (SMB) owners and freelancers are speaking out about their late B2B payments experiences in a new report by the Associated Press published Wednesday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In business banking news, the U.K.’s Financial Conduct Authority (FCA) plans to propose an extension of its jurisdiction from serving individuals and micro-businesses to also include small and medium-sized businesses (SMBs). The proposal comes in the wake of multiple small business banking scandals, reports in...
Zelle, the peer-to-peer (P2P) payments platform deployed by more than a dozen financial institutions to take on competing offerings like Venmo and Square Cash, is stepping into the world of corporate payments through a new offering by U.S. Bank. Get the Full Story Complete the...
Small- and medium-sized businesses (SMBs) often lack visibility into how their traveling employees are making payments and spending company money, finds a new survey from the Global Business Travel Association (GBTA) Foundation, which was released on Tuesday (Oct. 31). Get the Full Story Complete the...
Accounts payable (AP) firm MineralTree is teaming up with Western Union to help companies pay suppliers overseas. 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...
After years of doubt, financial professionals are trusting the cloud. Research released last month by Adaptive Insights found 73 percent of surveyed CFOs trust the cloud to host their financial data today. That trust has permeated the financial services industry, too, as banks begin to...
A small business (SMB) in Massachusetts borrowing funds via marketplace lender Kabbage has sued the platform, igniting new debate in the conversation over the definition of a “true lender,” according to reports in the National Law Review on Tuesday (Oct. 31). Get the Full Story...
Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with the high-tech, customized services that those small businesses demand. Get the Full Story Complete the form to unlock this article...
One of the biggest pro-check arguments in B2B payments today is that the payment rail lets corporate payers get a few extra days off to float cash. It’s the “check’s in the mail” argument that allows businesses to hold onto money just a bit longer...
