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late payments
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940B2B PaymentsCannabis Shows Early Signs Of Late Supplier Payments Struggle
The gradual legalization of cannabis in the U.S. and elsewhere has opened up an opportunity not only for new businesses to form,...
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1.5KB2B PaymentsSMBs’ Late Payments Pain Spreads Across Borders
In the fight against late B2B payments, the U.K. is perhaps the most vocal – both about its progress and its struggles....
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2.5KB2B PaymentsXero Highlights South Africa’s Late Payments Surge
New analysis from small business (SMB) accounting platform Xero is calling attention to the late B2B payments epidemic in South Africa. Gadget...
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2.7KB2B PaymentsLate Payments Epidemic Continues To Have Ripple Effects In Europe
The data show that late payments continue to have significant impact across the UK – and firms are devoting at least one...
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1.8KB2B PaymentsIn Australia, Late Payments Hit SMBs During Holiday Season
Late payments have hit Australian firms across several verticals — with a notable impact across the transport industry. The practice of supply...
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1.9KB2B PaymentsAustralian Government Launches Supply Chain Finance Probe
The Australian government has launched an investigation into the supply chain finance market and the impact of the financing tool on small...
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3.0KB2B PaymentsReverse Factoring Intensifies The B2B Late Payments Debate
The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB)...
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2.3KB2B PaymentsXero, GoCardless Enable Recurring Payment Collection For US SMBs
Small business cloud accounting firm Xero is strengthening its partnership with U.K.-based recurring payments solution provider GoCardless to expand their offerings to...
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2.1KB2B PaymentsHow Smart Contract Tech Moves To Lower Freight Factoring Costs
When it comes to B2B payments’ late payment problem, the root of the matter can often be traced to a lack of...
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1.4KB2B PaymentsSmall Business Advocates Decry Exit Of SMB Commissioner Uppal
U.K. Small Business Commissioner Paul Uppal will step down from the position due to a conflict of interest, according to The Times....
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2.6KB2B PaymentsIn Australia, Late Payments Under Govt Microscope
Australia’s federal Labor Party has issued calls to scrutinize late payment practices that it has said are “unfair” to small and mid-sized...
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2.3KB2B PaymentsKanye Heads To Court In Late-Pay Battle While Aussie Receivables Accelerate
Two separate studies show that in Australia, late payments are receding a bit. There still is much room for improvement, however. And, separately,...
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3.8KNewsTop News In Payments: Trulioo Notches $70M In New Funding; Square Rolls Out EIN Assistant
Today in the payments news roundup, Trulioo has notched $70 million in new funding. Also, Square has announced a tool to aid businesses...
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2.0KB2B PaymentsAussie FinTech 3Pay Launches Invoice Finance Operations
Australian FinTech 3Pay has launched operations, connecting businesses to an invoice financing solution designed to support cash flow and prevent small businesses...
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3.4KB2B PaymentsReport: Trade Credit’s Burden Hits 50 Pct Of US SMBs
Paying a merchant with a promissory note is an antiquated concept at a time when consumers’ wallets — both the physical and...
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2.5KB2B PaymentsNew Zealand Sees Rise In Late Payments From Larger Firms
Late payments are not just a UK problem. Research from illion shows that big firms in New Zealand are taking longer to pay...
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2.1KMobile ApplicationsRappi Delivery App Subject To eCommerce Regs In Colombia
Colombian regulators have demanded that delivery app Rappi comply with electronic commerce laws, and has also launched an investigation into the app...
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3.6KB2B PaymentsTurvo Launches Automated Supply Chain Payments Tool
Real-time logistics collaboration platform Turvo is rolling out its payments solution, Turvo Pay, to automate payments down supply chains. In an announcement...
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4.5KB2B PaymentsWhy Communication Is Key To Faster Construction Payments
Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. In...
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5.1KPayment MethodsPayment Plans And The College Affordability Test
Call it the $1.6 trillion challenge. College is a rite of passage for some, a dream for others and a financial challenge...
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4.4KPayment MethodsReport: The Late Tuition Payment Epidemic
Over the past three decades, the cost of college tuition has increased significantly. According to the College Board, the cost of a...
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3.2KB2B PaymentsIn Australia, Regulators Uncork Pressure On Winemakers For Timely Payments
A backlash against lengthy payment terms for grape growers may be fermenting in Australia. Elsewhere, in the U.S., some political campaigns appear to...
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4.1KB2B PaymentsTackling Late Supplier Payments From The Buyer’s Perspective
Cash flow management can be a conundrum for any business, large or small. But when SMB suppliers land a contract with a...
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2.5KB2B PaymentsTardy UK Firms Suspended From Prompt Payment Code
The U.K.’s Chartered Institute of Credit Management (CICM) has named-and-shamed some of the nation’s largest organizations for their habit of failing to...
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2.8KB2B PaymentsUK Reveals Late Payments Law Loophole
The U.K. is perhaps the most vocal market in the late B2B payments world, with regulators working to address delayed invoice payments,...
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3.4KB2B PaymentsPrivate Sector Not Immune To Late Payments Struggle
Late payments know no boundaries, and can impact companies of all sizes, industries and geographies — whether in the private or public...
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2.9KB2B PaymentsMore Suppliers Want Earlier Payment: Taulia
More B2B suppliers are urging their corporate customers to pay invoices early for an early payment discount, according to a new survey...
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3.9KB2B PaymentsIn The UK, Fines May Loom For Big Firms That Pay Late
New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook —...
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2.6KB2B PaymentsLate Payments On The Campaign Trail
It’s not just large businesses that pay late. Even presidential campaigns at times have dragged their feet on paying for services in...
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3.0KB2B PaymentsSuppliers Left Hanging As Sears Rescue Attempt Progresses
The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears...
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2.7KB2B PaymentsThe Domino Effect Of Corporate Failures, Late Supplier Payments
Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across...
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2.1KB2B PaymentsUK SMB Group Calls On May To Tackle Late Payments
In the U.K., the late payments epidemic continues, with SMBs calling on the outgoing May administration for action. Meanwhile, late payments have...
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2.6KB2B PaymentsFreelancers Decry CNN’s 90-Day Supplier Payment Terms
News outlet CNN is reportedly set to wait 90 days to pay freelancers, according to reports last week from The Daily Caller....
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3.1KB2B PaymentsAustralian Governments Take Action On Late SMB Payments
While late payments to small B2B suppliers appears to be a universal challenge, the U.K. has arguably shed the most light on...
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Data: Slovak Firms Among Europe’s Latest Payors
In Europe, companies grapple with late payments – but certain regions and countries lag in getting suppliers paid. A new study finds...
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2.5KSMBsThe Vicious Cycle Of Trade Credits
The rise of the gig economy exposed an issue that had plagued freelancers for ages: past-due invoices and cash flow. PYMNTS’ Gig...
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3.1KB2B PaymentsIn Sierra Leone, Late Payments Lay Waste To SMBs
Sierra Leone is showing the impact of late payments, where a significant number of smaller firms have been forced to shutter operations....
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2.6KB2B PaymentsThe UK’s Prompt Payment Code Sees Laggards
In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seems to be hitting some speed...
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3.3KLoansCredit Card Losses Top Home, Auto Loans At US Banks
Credit card losses at the biggest banks are outpacing auto and home loans, with the biggest margin seen in the last 10...
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2.1KB2B PaymentsRolls-Royce, Vodafone Among Prompt Payment Code Violators
The U.K.’s Chartered Institute of Credit Management has removed or suspended a total of 17 companies from the Prompt Payment Code, a...
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1.7KB2B PaymentsIn Wales, Late Payments’ Ripple Effects Felt In Construction Sector
A Welsh construction trade group is advocating for safeguards to get smaller suppliers paid in the wake of a larger firm’s collapse....
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3.2KB2B PaymentsGovQuote Links Government Suppliers To BlueVine Financing
Small business financing platform BlueVine is teaming up with government procurement solutions portal GovQuote to connect government vendors with working capital solutions....
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3.6KB2B PaymentsDawnus Collapse: Did The Construction Sector Learn Its Lesson From Carillion?
More than a year after the collapse of U.K. construction giant Carillion, the case continues to make headlines. Most recently, the U.K.’s...
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3.9KB2B PaymentsLegislation Bows To Curb US Government Late Payments
In the wake of the government shutdown, several U.S. lawmakers unveil legislation aimed at getting government contractors paid in a timely manner. In...
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3.6KB2B PaymentsFunding Options Criticizes UK Approach To Late SMB Tax Payments
Alternative small business lending platform Funding Options has criticized U.K. tax authorities’ approach to small businesses that fall behind on tax payments....
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3.9KB2B PaymentsScottish Construction Trade Association Calls For Action Amid Late Payments
Spotlights continue to be trained on late payments in the United Kingdom, where a construction trade group in Scotland has called for...
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4.5KB2B PaymentsIn UK, Cabinet Warns Suppliers Of Bans Over Late Payments
Public contractors get a warning in the United Kingdom that late payments to suppliers and subcontractors could get them banned from public...
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4.9KB2B PaymentsStudy Shows UK Late Payments’ Impact On Employees
Late payments have had a ripple effect in the UK, as cash flow has gotten tougher to manage – and even covering...
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4.5KB2B PaymentsFor Suppliers, Buyer Risk Goes Beyond Late Payments
Late payments may dominate the headlines as the biggest worry for suppliers — especially smaller vendors. But lengthy payment terms and missed invoice...
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4.6KB2B PaymentsUK Chancellor Seeks Crackdown On Late Payments
Late payments continue to negatively impact small enterprises in the U.K., and the Chancellor of the Exchequer has stated that larger firms...
