In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity...
By now, there’s no denying it: Small businesses (SMBs) aren’t happy with the service they’re getting from large financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As Facebook continues to step into the world of payments, the company is officially moving deeper into financial services through a new partnership with Clearbanc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.S. small businesses (SMBs) get paid relatively quickly, at least compared to other parts of the world, including Canada and Hong Kong, according to a new report from Bibby Financial Services. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Australian Competition and Consumer Commission (ACCC) scored a victory in the nation’s first test of new small business (SMB) contract laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In Georgia, one Mohawk Industries employee allegedly scammed the company out of $766,000. In New York, a worker at Chevron Phillips Chemical Co. pled guilty to stealing $1.8 million from the firm. And in New Mexico, two Santa Fe government employees were placed on leave following...
McDonald’s franchise owners in Pennsylvania have settled a lawsuit filed in 2015 over their use of payroll cards, news reports on Wednesday (Oct. 25) said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on Wednesday (Oct. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Alternative and marketplace lending platforms promised faster, easier SMB lending than traditional banks could deliver and eventually led traditional financial institutions (FIs) to collaborate with their...
