The Federal Reserve will launch the Main Street Lending Program, which is geared toward mid-sized businesses, this week. By contrast, the Paycheck Protection Program (PPP) loans were designed to help the smallest companies in the nation survive the pandemic, Marketplace reported. Get the Full Story...
To fill in openings left by competitors encountering the impacts of a recession brought by the pandemic, Citigroup is aiming to bolster its commercial banking business in Europe, the Middle East and Africa (EMEA). Get the Full Story Complete the form to unlock this article...
The International Accounting Standards Board introduced a significant overhaul to lease accounting standards, and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. Get the Full Story Complete the form...
With commercial card adoption on the rise as more organizations make the shift to digital payments, card issuers continue to drive innovation with their corporate card products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With business trips all but wiped from corporate expense reports, corporate business travel industry stakeholders have been thrust into an unprecedented scenario. Uncertainty is at an all-time high, but what is clear is that business travel management FinTechs aren’t sitting idly. Get the Full Story...
Papaya Global, which works in global payroll and B2B payments, has a new investor in Group 11, a U.S. FinTech venture capital firm, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Lili, which works to provide online banking services for freelancers, notched $10 million in a seed funding round led by Group 11, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
After bolstering their supply chain payment practices, five companies that were suspended from the Prompt Payment Code (PPC) in the past have been reinstated. Screwfix, IBM, Seddon Construction, Kier Highways and BT PLC were the five reinstated companies, according to an announcement. Get the Full...
To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software, according to an announcement. Get the Full Story Complete the form to unlock this...
