Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for...
Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP...
The Small Business Administration (SBA) has released guidance on applying for the second round of loans being offered under the Paycheck Protection Program (PPP), which...
The U.S. government has unveiled rules for the new $284.5 billion round of its popular Paycheck Protection Program (PPP), which should begin accepting applications soon....
There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions,...
Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity...
China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while...
Well before the coronavirus crisis hit, businesses — particularly small and medium-sized enterprises (SMEs) — were faced with a whopping $1.5 trillion gap in available...