Sections
late payments
-
1.8KB2B 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...
-
2.0KB2B 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,...
-
3.0KNewsTop 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...
-
1.6KB2B 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...
-
2.9KB2B 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...
-
2.2KB2B 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...
-
1.8KMobile 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...
-
3.2KB2B 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...
-
3.9KB2B 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...
-
4.7KPayment 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...
-
4.1KPayment 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...
-
3.0KB2B 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...
-
3.7KB2B 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...
-
2.2KB2B 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...
-
2.6KB2B 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,...
-
3.1KB2B 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...
-
2.7KB2B 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...
-
3.4KB2B 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 —...
-
2.4KB2B 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...
-
2.7KB2B 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...
-
2.5KB2B 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...
-
1.9KB2B 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...
-
2.4KB2B 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....
-
2.8KB2B 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...
- 2.2KB2B Payments
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...
-
2.4KSMBsThe 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...
-
2.9KB2B 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....
-
2.4KB2B 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...
-
2.9KLoansCredit 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...
-
1.9KB2B 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...
-
1.6KB2B 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....
-
2.9KB2B 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....
-
3.3KB2B 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...
-
3.7KB2B 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...
-
3.4KB2B 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....
-
3.8KB2B 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...
-
4.4KB2B 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...
-
4.7KB2B 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...
-
4.4KB2B 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...
-
4.4KB2B 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...
-
8.4KB2B PaymentsVodafone To Profit Off Late Payments
Vodafone Group has invested in a fund that makes money by paying suppliers late. The company invested €1 billion ($1.1 billion USD) into the €2.4...
-
4.4KB2B PaymentsPayments Code Down Under Makes Headway
In Australia, more businesses are signing onto the late payments code that punishes late payers. In the UK, there are calls to...
-
6.7KB2B PaymentsWhy Construction Payments’ Friction Has Nothing To Do With Payments
What’s more complicated than a B2B transaction? A B2B transaction in an industry like construction, where what triggers a payment isn’t a...
-
2.6KB2B PaymentsReport Breaks Down UK Late Payers By Geography
A new report shows where the late payers are — and are not — in the United Kingdom, as defined by geography. In...
-
7.1KB2B PaymentsLate Payment Penalties In India Include Prison Time
In India, government efforts to crack down on late payments made to smaller firms include fines and possible imprisonment for officers of...
-
6.1KB2B PaymentsWhy Faster Payments Isn’t The Answer To Accounts Receivable Delays
With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments...
-
3.5KB2B PaymentsFSB Pressures UK To Nix Contracts To Late Payers
Small businesses combatting the practice of late invoice payments in the U.K. are proposing a new tactic in the fight. Reports in...
-
4.2KB2B PaymentsDown Under, Supermarkets Combat Late Payments
In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the...
- 18.4KB2B Payments
Intuit Study: A Third Of Small Businesses Grapple With Late Payments
Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid...
-
6.2KB2B PaymentsCash Flow A Tough Lesson To Learn For SMBs
Small businesses (SMBs) are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small...
