Industry News
Grant Thornton: CFOs Remain Optimistic Despite Increasing Worry About Costs
A new survey from Grant Thornton revealed that CFOs remain optimistic about the economy, even as indicators of a potential recession continue to loom. However, while optimism is high, confidence in controlling costs seems to be waning.
Small Business Hiring Shows 1.36% Increase in March
According to the latest CBIZ Small Business Employment Index (SBEI), small businesses, aside from the tech industry, are showing resilience and a willingness to hire talent, as well as a seasonally adjusted increase of 1.36% in March.
Quickpay Funding Named Top Issuer of Real-Time Payments for 2022
Quickpay Funding, a provider of factoring services, has been announced as a Top Issuer of Real-Time Payments in the country for the year 2022.
TriumphPay Partners with Highway to Combat Double-Brokering Fraud
TriumphPay entered into a strategic partnership with Highway, a technology provider for carrier identity management. The collaboration aims to identify and mitigate double-brokering fraud schemes that are increasing in frequency, scale and sophistication.
US Middle Market Experienced 11% Revenue Growth in Early Q1/23
According to the Golub Capital Altman Index produced by Golub Capital in collaboration with credit expert Dr. Edward I. Altman, middle-market private companies experienced year-over-year earnings growth of 11% and revenue growth of 11% during the first two months of Q1/23.
Mitsubishi HC Capital America Expands Transportation Finance Capabilities
Mitsubishi HC Capital America is expanding its transportation division following the company’s integration with ENGS Commercial Finance and Mitsubishi HC Capital America (U.S.A.) on April 1.