Late payments are a threat to any business, but especially for smaller firms, longer days sales outstanding (DSO) timeframes can be a company killer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has warned that small businesses are largely shunning the opportunity to unlock their financial data. In...
Labor peer Lord Jonathan Mendelsohn, a member of the House of Lords of the British Parliament, has introduced a bill to combat late payments and to help make the small business commissioner more powerful, according to a release. Get the Full Story Complete the form...
Singapore-based financial services company DBS has launched an industry-first, QR code-based solution for B2B payments and collections, the company announced on Monday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Trade Commission (FTC) has filed a suit against Georgia fuel card firm FLEETCOR, alleging that it bilked customers out of millions of dollars in hidden fees, a charge the company denies, according to reports on Monday (Jan. 20). FLEETCOR said it “strongly disagrees...
Health insurance companies can take weeks — or months — to reimburse physicians, leaving some so frustrated that they refuse to accept insurance plans at all. And that's pressuring insurers to offer faster, more convenient digital disbursements. In the new B2B Healthcare Payments Report, Brett...
Community banks are often the familiar faces of the financial services world, and when small businesses seek capital, their neighborhood financial institution can be a promising place to start. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Though adoption is on the rise, commercial cards still hold only a fraction of the corporate payments market — and an even smaller share of transaction volumes in accounts payable (AP). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Among other strategies, the U.K. has enlisted a name-and-shame approach to late-paying corporates. Yet analysts agree that the late B2B payments problem continues to worsen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
