Elevated from its position as merely a point through which money exits the enterprise, the procurement function is quickly becoming a strategic component of corporates in more ways than one. Thanks to digitization, companies can be more calculated on the vendors with whom they choose...
Collaborative efforts between FinTech firms and traditional financial firms continue to gather steam. In the U.K., the FinTech Alliance debuted with more than 500 members. Elsewhere, Monzo crosses the Pond, and APIs make inroads into real estate.
The New York state legislature will rule this week whether to move forward with a borrower protections bill for small businesses (SMBs), as allegations of predatory practices by merchant cash advance firms raise new concerns about mistreatment of small business borrowers, The Washington Post. Get...
Are B2B payments ready for real-time speed? Bottomline Technologies’ Vice President of Product Management and Strategic Solutions Jessica Cheney explains how Zelle and P2P have helped set the stage for faster payments between corporates, cutting down on paper and manual tasks.
The dispute over the Office of the Comptroller of the Currency‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way...
It’s not just large businesses that pay late. Even presidential campaigns at times have dragged their feet on paying for services in a timely manner. Separately, eInvoicing mandates gather steam across far flung global corners.
Entrepreneurs and the smallest and youngest of companies — freelancers, too — need access to business services. Amaiz CFO Steve Taklalsingh tells PYMNTS why banking over smartphone, driven by apps, can help cut down on paperwork and boost cash flow.
WESCO International has announced that WESCO Distribution has partnered with Silicon Valley-based startup Plug and Play to launch their newest accelerator, B2B Sales and Distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
It’s not just about invoices and BEC. In one recent example, payments fraud reached into the crypto realm – and a publicly listed company. Elsewhere, fraud at a health center in Manitoba received more than a million dollars in questionable payouts.
