Remove Banking Remove Corporate Finance Remove Invoicing Remove Treasury
article thumbnail

UK Treasury Nixes Idea For New Coronavirus Funding Scheme

PYMNTS

Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance, according to Sky News. Two months ago, the Treasury had asked for feedback on the scheme to help funnel more money to businesses hurting for cash in the pandemic.

article thumbnail

A Corporate Finance Approach To High-Net-Worth Individuals

PYMNTS

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. “A lot of them process 50 to 200 bills a month — it really is like running a business.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Corporates See Loan Fraud By Insiders As Growing Threat

PYMNTS

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. 21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. 45 percent of U.S.

article thumbnail

PwC Finds Blockchain Distrust High, Even As Adoption Accelerates

PYMNTS

Much of that innovation has been focused on corporate finance and payments, as top financial services players have introduced new blockchain solutions in an effort to disrupt and improve corporate payments. in blockchain development efforts.

article thumbnail

Capital One, Wells Back B2B ePayments Startup

PYMNTS

Some of the biggest names in banking participated in the Series E funding round for digital billing and payments company Transactis , a SaaS startup that aims to help corporations reduce their dependence on paper invoices, bills and other documents in favor of digital payments solutions.

article thumbnail

What Corporate Managers Get Right (And Wrong)

PYMNTS

88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis. TD Bank Head of Corporate Products and Services Rick Burke said corporate treasurers need to begin a dialogue with their banks and financial services partners to integrate adequate security controls within their corporations.

article thumbnail

The Convergence Of Trade Finance And Trade Credit Insurance

PYMNTS

While use of trade finance continues to climb, the International Chamber of Commerce ‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment.

Finance 63