late payments

Suppliers Left Hanging As Sears Rescue Attempt Progresses
Suppliers Left Hanging As Sears Rescue Attempt Progresses
June 04, 2019  |  B2B Payments

The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears...

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The Domino Effect Of Corporate Failures, Late Supplier Payments
The Domino Effect Of Corporate Failures, Late Supplier Payments
June 04, 2019  |  B2B Payments

Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across the world, new...

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UK SMB Group Calls On May To Tackle Late Payments
UK SMB Group Calls On May To Tackle Late Payments
June 03, 2019  |  B2B Payments

In the U.K., the late payments epidemic continues, with SMBs calling on the outgoing May administration for action.  Meanwhile, late payments have a ripple effect...

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Freelancers Decry CNN’s 90-Day Supplier Payment Terms
Freelancers Decry CNN’s 90-Day Supplier Payment Terms
June 03, 2019  |  B2B Payments

News outlet CNN is reportedly set to wait 90 days to pay freelancers, according to reports last week from The Daily Caller. The publication said...

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Australian Governments Take Action On Late SMB Payments
Australian Governments Take Action On Late SMB Payments
May 28, 2019  |  B2B Payments

While late payments to small B2B suppliers appears to be a universal challenge, the U.K. has arguably shed the most light on the problem thanks...

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Data: Slovak Firms Among Europe’s Latest Payors
Data: Slovak Firms Among Europe’s Latest Payors
May 20, 2019  |  B2B Payments

In Europe, companies grapple with late payments – but certain regions and countries lag in getting suppliers paid.  A new study finds Slovak firms among...

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The Vicious Cycle Of Trade Credits
The Vicious Cycle Of Trade Credits
May 15, 2019  |  SMBs

The rise of the gig economy exposed an issue that had plagued freelancers for ages: past-due invoices and cash flow. PYMNTS’ Gig Economy Index found...

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In Sierra Leone, Late Payments Lay Waste To SMBs
In Sierra Leone, Late Payments Lay Waste To SMBs
May 13, 2019  |  B2B Payments

Sierra Leone is showing the impact of late payments, where a significant number of smaller firms have been forced to shutter operations. In the U.K.,...

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The UK’s Prompt Payment Code Sees Laggards
The UK’s Prompt Payment Code Sees Laggards
May 06, 2019  |  B2B Payments

In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seems to be hitting some speed bumps. In Scotland, a...

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