When it comes to supplier payment terms, there is often a tug-of-war at play. On one side, corporate buyers are looking to lengthen their vendor payment timeframes as long as possible to be able to hold onto capital longer. On the other end are the...
Late payments can sink businesses, but there is a fix: request-for-payment that allows consumers to pay and billers to instantly receive funds. Hisham Salama, executive vice president and chief digital officer at Bank of the West, explains how pairing request-for-payment features with real-time payment options...
As the B2B payments landscape continues to make headway on the digitization front, not all industries are able to benefit from the modernization push. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A group of activist investors has nominated nine new directors to the board of retailer Kohl’s, a Wall Street Journal (WSJ) report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as a money transfer company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
M&T Bank Corp is closing in on an acquisition deal to buy People’s United Financial for more than $7 billion, The Wall Street Journal (WSJ) reported on Monday (Feb. 22), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
Many business models have evolved and adapted during the pandemic, and virtual fashion buying platform Joor is one of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Almost every industry in every business vertical has been affected by the pandemic. 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 to our daily newsletter, PYMNTS Today....
San Francisco-based Brex, which makes financial management software for businesses, announced Friday (Feb. 19) it has filed to open an industrial bank in Utah, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...