Capital One acquires BlueTarp, Novo talks SMBs’ role in driving U.S. Open Banking and accounting standard changes may be delayed
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 242019

       BUSINESS-TO-BUSINESS EDITION

Late Payments Tracker

In The UK, Fines May Loom For Big Firms That Pay Late

New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook — via fines, if they pay smaller suppliers late. Separately, creative agencies are feeling the pinch of late payments, too.

 

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Data Digest

Cash Flow Worries Limit SMB Hiring

Small business revenue growth is a positive sign for the U.S. economy, but researchers say entrepreneurs aren't less concerned about company finances. With new analysis from KeyBank, ScaleFactor and others pointing to cash flow management and hiring as top challenges, experts say technology adoption will be essential to small firms overcoming financial obstacles.

 

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Small Business Banking

How ACH Business Payments Pave The Way For US Open Banking

More digital-first banks are popping up for the small business (SMB) crowd, and the entrepreneurs flocking to them are the same ones choosing ACH over checks to make business payments. Tyler McIntyre, co-founder of mobile SMB bank Novo, says that factor offers big opportunities to drive a connected, Open Banking ecosystem in the U.S.

 

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