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TECHNOLOGY

FIS | May 16, 2022

The global economy’s digital transformation is accelerating, and community and regional banks are seeking ways to offer the most advanced digital capabilities and open new channels for distribution. To help these financial institutions meet the growing need for digitally-native banking experiences and grow their client base, FIS® (NYSE: FIS) has announced a new embedded finance offering developed in partnership with Treasury Prime. Embedded finance is a key industry tren...

INDUSTRY OUTLOOK

Rapyd | December 09, 2021

Rapyd, a global Fintech-as-a-Service company has agreed to acquire Hong Kong-based Neat, a cross-border trade enabling platform for SMBs and startups. Neat provides full company incorporation, business accounts, global payment collection and disbursements, as well as credit card-based capital expansion services. Terms of the deal were not disclosed, and it is subject to regulatory approval. By integrating Neat into the Rapyd Global Payments Network, small and medium businesses wil...

Business 2 Community | January 28, 2020

According to our research, 63 percent of invoices are paid within 30 days. The good news is that a majority of invoices are in fact being paid. The bad news, however, is that it’s taking a month to get paid. Invoice timing matters. That may not sound like a big deal, but when you’re waiting that long to receive a payment you’re putting your business in jeopardy. And, once a bill isn’t paid in 90 days, there’s only an 18 percent chance of ever receiving that payment....

PR Newswire | February 24, 2020

Today, Nav, a service that gives business owners the fastest, easiest and most trusted path to financing, revealed Philip Klayman, Founder of Three Tree Coffee, as the grand prize winner of the company's quarterly Small Business Grant. Three Tree Coffee, a mission-driven coffee shop that opened in Statesboro, Ga., in 2015, had humble beginnings with a husband and wife team roasting coffee beans out in their backyard. Eventually, the operation grew to a bricks-and-mortar establishment with an...