Brexit

Contingency Plans Mulled Ahead of Brexit
Contingency Plans Mulled Ahead of Brexit
July 25, 2017  |  Brexit

Contingency plans seemed to be the name of the game in recent days as relates to Brexit, and as the Telegraph reported, companies are gearing...

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Visa Beats 3Q Estimates As Payments Volume Leaps
Visa Beats 3Q Estimates As Payments Volume Leaps
July 21, 2017  |  VISA

Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward....

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Mid-Market Firms Have Outgrown Their Procurement Strategies
Mid-Market Firms Have Outgrown Their Procurement Strategies
July 20, 2017  |  B2B Payments

With focus in the U.K. on small businesses as they struggle to survive late payments and restricted access to capital, the mid-market is facing its...

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The Lines Are Blurring Between Alternative, Traditional SME Finance
The Lines Are Blurring Between Alternative, Traditional SME Finance
July 19, 2017  |  B2B Payments

Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need of upgrading their...

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Citigroup To Open Up EU Base In Germany
Citigroup To Open Up EU Base In Germany
July 18, 2017  |  Brexit

In preparation for Britain’s exit from the European Union (EU), many banks are assessing their operations and scouting out new spots. One of the latest...

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U.K. SMEs’ Bad Debt Levels Soar 70 Percent
U.K. SMEs’ Bad Debt Levels Soar 70 Percent
July 17, 2017  |  B2B Payments

New Bibby Financial Services research suggests bad SME debt in the U.K. is on the rise. Reports Friday (July 14) said the average level of...

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MarketInvoice Now Lets Businesses Finance Foreign Invoices
MarketInvoice Now Lets Businesses Finance Foreign Invoices
July 17, 2017  |  B2B Payments

MarketInvoice, based in the U.K., is adding support for companies that have foreign invoices, reports said Friday (July 14). The invoice financing company said it...

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In Land Of Free Banking Apps, Red Ink And Investor Support Only Go So Far
In Land Of Free Banking Apps, Red Ink And Investor Support Only Go So Far
July 14, 2017  |  Banking

Upstarts are trying to eat traditional banks’ lunch, especially in Europe. But the field is a crowded one, awash in red ink. Will the capital pie...

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UK Government Recruits Big Banks For SME Trade Finance
UK Government Recruits Big Banks For SME Trade Finance
July 13, 2017  |  B2B Payments

As part of a broader effort to keep the economy strong post-Brexit, the United Kingdom has reportedly reached a deal with the nation’s largest banks...

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