Business

Business
Efficient Working Capital Practices Drive Nearly $10M in Bottom Line Benefits for Top North American...
November 13, 2024

The top-performing North American Growth Corporates save nearly $10 million in bottom-line benefits. Why? Smarter working capital strategies play a key role. These firms’ leaders speed up cash cycles, cut borrowing costs and keep suppliers happy — all moves that can give them a real...

Citigroup CEO Jane Fraser: Clients Focused on Launching M&A Activity
November 12, 2024

Pent-up demand for mergers and acquisitions (M&A) activity has been released by the election of Donald Trump, Citigroup CEO Jane Fraser said Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Business
Report: Franchise Group Paid $5.7 Million in Bonuses Before Bankruptcy
November 07, 2024

Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. 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 daily newsletter,...

Business
Working Capital Usage Jumps 51% Among Healthcare Growth Corporates
October 31, 2024

The utilization of working capital solutions is on the rise for healthcare Growth Corporates. In 2024, 97% of industry Growth Corporates using at least one such solution, an increase of 51% year over year. The preference for on-demand solutions — such as corporate and virtual...

Business
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
August 30, 2024

OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. 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...

Business
Pitney Bowes Sells Global Ecommerce Business to Streamline Enterprise
August 09, 2024

Pitney Bowes has sold a controlling interest in most of its Global Ecommerce (GEC) segment operating in the United States to Hilco Global affiliate Hilco Commercial Industrial, which will wind down that business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Business
Study Finds Treasurer Role Misunderstood by 53% of C-Suite Peers
July 24, 2024

Treasurers should be on the front lines of keeping their company financially healthy. But how many are in an organization that allows for that? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Business
Report: Revolut Could Hit $45 Billion Valuation After Share Sale
July 23, 2024

Revolut is reportedly preparing a share sale that would value it at $45 billion. 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 daily newsletter, PYMNTS...

Business
Microsoft Outage Could Produce ‘Insurance Catastrophe’
July 19, 2024

Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday (July 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...