B2B venture capital activity this year was anything but consistent. Some weeks saw hundred-million dollar investment rounds; others, a modest few millions of dollars funneled into just a couple of startups. But venture capitalists showed their range of interests this year, too, and 2015 B2B...
At the heart of much of the push toward faster payments is ISO 20022 — the new messaging standard for financial institutions that standardizes the payments messaging scheme for payments, cards, foreign exchange and other transactions. ISO 20022 has been vital to Europe’s Single Euro Payments...
Small business financial service providers are beginning to realize the value in linking their business customers to lending services. PayPal launched its Working Capital unit in 2013, for example, while QuickBooks took to partnering with other lenders to fill in its small business financing gaps....
The Federal Trade Commission has scored a victory in an effort to combat an alleged small business scamming ring. An announcement by the agency on Tuesday (Dec. 29) said the FTC’s request to halt and freeze assets of an operation was granted by a federal court....
Two enterprise technology service providers are joining forces in an effort to simplify corporate accounts payable processes. An announcement made Tuesday (Dec. 29) said tech firm TekStream Solutions and business technology solutions company Inspyrus will collaborate on an AP automation solution, each providing their own...
Part of what makes mobile money transfer app Venmo so popular is that it’s free. But not for long. If the company wants to make money, it needs to start charging for its services. According to Tuesday (Dec. 29) reports in Fortune, Venmo plans to...
Funding Circle hit a major milestone just in time for the New Year. According to reports in the Financial Times on Tuesday (Dec. 29), the alternative lending platform has now reached the £1 billion mark in small business loans (about $1.48 billion) since its 2010...
New Zealand is often grouped with Australia, but the nation has an impressively rising market for FinTech. Earlier this month, for instance, the nation got its fourth alternative lender: Lending Crowd. The company provides SMEs with loans of up to NZ$200,000 (about $137,000) and has...
Under the 2010 Dodd-Frank Act, the Consumer Financial Protection Bureau is required to enforce rules written into the law that require lenders to collect data on their small business lending processes. But the CFPB has yet to actually do so, meaning data that analysts saw...
