In the world of construction, where hammers meet spreadsheets, a new tool is emerging from the digital realm: artificial intelligence (AI). As builders grapple with razor-thin margins and complex cash flows, AI offers to reshape the industry’s financial landscape, one algorithm at a time. This...
Embedded lending can help microbusinesses and small businesses grow and maintain smooth operations despite unstable cash flows. However, PYMNTS Intelligence’s latest study finds that relatively few microbusinesses and small businesses currently take advantage of this lending solution. In fact, fewer than one in five respondents...
In an evolving economic landscape, the ability to innovate in working capital management is crucial. And with the news Tuesday (July 9) that the latest edition of the National Federation of Independent Business (NFIB) Small Business Optimism Index was, ultimately, not very optimistic, managing working capital more effectively...
Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at a better time for organizations. No longer confined to the back room, crunching numbers and...
July 11, 2024
Embedded lending can help microbusinesses and small businesses grow and maintain smooth operations despite unstable cash flows. However, PYMNTS Intelligence’s latest study finds that relatively few microbusinesses and small businesses currently take advantage of this lending solution. In fact, fewer than one in five respondents used it in the last year. The data highlights unmet […]
June 10, 2024
Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at...
April 23, 2024
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting...
February 13, 2024
The adoption of external working capital solutions has surged among growth corporates — commonly referred to as middle-market firms — in North America. This trend is driven by these solutions’...
July 16, 2024
Global data platform 9Spokes has launched a new product designed to give small- medium-sized businesses (SMBs) automated, predictive cashflow management and forecasting capabilities. The new Cashflow product is designed for integration within financial organizations’ digital platforms and is now available to financial institutions and FinTech firms globally, the company said in a Tuesday (July 16) press release. […]
May 29, 2024
Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its...
April 22, 2024
French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22), saying that its platform would...
March 07, 2024
A strategic, forward-thinking approach to working capital helps separate top-performing middle-market firms from their peers, according to Visa. The latest release of the “2023-2024 Growth Corporates Working Capital Index,” noted...
