In the last few months, China, through a yuan devaluation and slowing economic growth, has remained fixed on strengthening its position in the global market through cross-border payments and commerce. The People’s Bank of China revealed last June that it would lend a hand to...
Tracking employee hours, managing benefits, handling legislative changes in worker compensation and health care – these are all complex tasks to manage, but for SMEs, the resources to do so are limited. With the advent of the cloud, much of the HR process can be...
The U.K. Financial Conduct Authority has decided not to publish a long-anticipated report on the state of small business banking for the nation’s largest financial institutions, a decision that has angered some SME advocates, according to reports published Thursday (Dec. 31). [bctt tweet=”The U.K. Financial Conduct...
State-run Taiwanese bank Taiwan Business Bank (TBB) is moving into a new market. Reports last weekend (Jan. 2) said the financial institution will be setting up shop in New York after receiving clearance late last week from the U.S. Federal Reserve Board to begin operating...
The key to successful innovation is being able to solve a problem, and in the U.K., one of the biggest problems for small suppliers is getting paid late by their large corporate buyers. One startup has emerged on the market with this issue in mind....
As we look at some of the data impacting business finance into the new year, the numbers are mixed. New statistics highlight the rising popularity of alternative small business lending; others uncover just how prominent cybercrimes are in B2B deals. From 1.5 billion to 2.9,...
Technology can do much to streamline backend processes at banks large and small. Here’s how nCino CEO Pierre Naudé sees the cloud bridging the gaps in SMB finance.
In 2015, the world of B2B payments ramped up its ability to knock its reputation for being slow to innovate and unable to grasp the market’s attention. From commercial card mobility, to T&E technology, to small business lending development, B2B payments endured growing pains and...
Procure-to-pay service provider Ariba has just named what it sees as its fastest-growing market: Asia. The company, which launched its B2B payments service AribaPay several years ago in collaboration with Discover, pointed to this market in recent reports published by CFO Innovation. The Wednesday (Dec. 30)...
