The fallout over alleged fraud at the hands of payroll software company MyPayrollHR came to a head this week when the Federal Bureau of Investigation announced a probe into the company and claims that it, or its founder, stole $35 million in payroll from its...
In the $1.8T construction industry, payment delays to contractors and subcontractors can have a crippling effect on the timely completion of projects. Karin Rush and Linnet Phoenix of DPR Construction explain how virtual and purchasing card technologies keep its network of 4,800 subcontractors from avoiding...
Pan-European payment infrastructure provider EBA CLEARING is rolling out a new request to pay (R2P) solution supported by 26 payment service providers (PSPs) from 11 countries, the company said in a press release on Wednesday (Sept. 18). Get the Full Story Complete the form to...
Travelex, part of the United Arab Emirates-based Finablr, is rolling out a FinTech business-to-business (B2B) platform called Travelex Business, IBS Intelligence reported on Tuesday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Corporate treasurers show increasing interest in real time and faster payment solutions, the latest research suggests. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Following a series of setbacks for U.K. challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind down commercial lending operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The would-be chief operating officer of healthcare workflow management startup OrbCare pointed to financial mishandling and lack of oversight behind the company’s financial troubles, which have led the firm to seek a buyer while it wavers at the point of bankruptcy, BetaKit reported Sunday (Sept....
France’s FairMoney, a small business and consumer micro-lending technology company operating in Nigeria, has announced $11 million in venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Australian FinTech 3Pay has launched operations, connecting businesses to an invoice financing solution designed to support cash flow and prevent small businesses from being placed on hold by their B2B suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
