U.S. banking watchdog the Office of the Comptroller of the Currency (OCC) is facing a lawsuit, adding another setback to its struggling effort to provide FinTechs with national banking licenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Complex supply chains breed complex problems. The list is seemingly endless when it comes to supply chain friction today. A lack of visibility into the movement of goods, the struggle to pay suppliers across border, and the domino effect of financial struggles that Tier 4...
Small business owners are making a grave mistake if they assume their firms are not a prime target for cyberattackers. Not only are small and medium-sized businesses (SMBs) a prime target, but such an attack can be detrimental to a small company without the resources...
Visa‘s next initiative to disrupt B2B payments is focusing on the real estate market. The company is pairing up with Nexus Systems, a provider of accounts payable (AP) solutions for the real estate industry, to streamline supplier payments for joint customers, the companies said in...
Getting suppliers onboarded takes a while – about 16 days, in fact, due in large part to manual processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
It takes an average of 16 friction-filled, often paper-intensive days for a buyer to onboard a supplier. Mastercard and Microsoft have teamed to launch Mastercard Track, a digital platform to fast-track trade between trading partners by streamlining the supplier discovery, vetting and onboarding process. Carlos...
Mastercard, collaborating with Microsoft, said on Wednesday (Sept. 12) that it is unveiling a digitized B2B platform geared toward global trade conducted by small and mid-sized businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In tech, innovation is everything. In innovation, intellectual property is, well, almost everything — it can be the hardware, the software, the processes that comes from the creative endeavor. You might consider patents a form of competitive advantage. Get the Full Story Complete the form...
Alternative small business finance comes in many forms as FinTechs target SMB cash flow. Considering cash flow woes are often linked to long payment terms for corporate customers, many of these AltFin players are emerging with financing products designed to target this particular weak point...