As in payments, small business (SMB) lending has seen a heightened demand for speed — faster application processes, underwriting, decision-making and payouts. While it may be a trend impacting many alternative finance products and, increasingly, traditional bank lending practices, speed isn’t necessarily for everyone in...
Citizens Bank will introduce real-time payment services for its corporate customers beginning in 2019, Forbes reported on Tuesday (Nov. 6). According to Citizens Bank Head of Product Solutions in Treasury Management Matt Richardson, Citizens has been a supporter of The Clearing House‘s (TCH’s) Real-Time Payments...
Cross-border payments firm WorldFirst is launching operations in mainland China through the rollout of its localized brand name and multi-currency accounts for small businesses in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Technology developed by Bloomberg is now being used by Shell‘s Foreign Exchange Central Treasury unit to interconnect the fuel conglomerate’s operating units across 22 markets, the companies revealed Monday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. small business owners. Among the heaviest is healthcare, with regulatory changes impacting costs and cash flow for small businesses. Get the Full Story Complete...
American Express has struck a new partnership in its latest B2B payments push, announcing a collaboration with commercial payments firm WEX to support corporate use of virtual cards in accounts payable. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Santander Bank is rolling out a new corporate payments solution aimed at supporting visibility into business transactions via wire, ACH and check. The bank debuted its Santander Enterprise Payment Link (EPL) solution in a press release issued Monday (Nov. 5), a platform on which clients...
Microsoft is partnering with pan-African digital payments and commerce firm Interswitch Group to develop a blockchain-powered supply chain finance solution for small and medium-sized businesses (SMBs) in Nigeria. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Open banking and APIs make inroads into the United Arab Emirates, via sandbox. In Asia, FinTech and FI collaboration work via Temenos and SPD Bank to bring innovation labs to the region.
