CIT boosts B2B POS lending platform, Banks help businesses hit by COVID-19, and late payments go global
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 17, 2020

       BUSINESS-TO-BUSINESS EDITION

X-Border SMB Payments

APIs Streamline Cross-Border SMB Payments

Commerce is increasingly cross-border, providing opportunities for smaller firms to tap into new markets and supply chains. Benjamin Wong, CEO of TranSwap, tells PYMNTS how APIs and online platforms can help smooth the cross-border payments process, automating fund flows and boosting efficiencies.

 

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B2B Data Digest

Suppliers’ Late Payments Woes Expand Across Borders

Small suppliers' late payments woes know no borders. This week's B2B Data Digest uncovers the stats from stories around the world, including the U.S., where Sears' ongoing bankruptcy saga continues to squeeze vendors, while in Australia, a new focus on supply chain financing comes into play.

 

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Alternative SMB Lending

Underserved SMBs Get Online Lending Boost

The Community Reinvestment Fund recently launched Connect2Capital, an online lending network that matches SMBs in underserved communities to “mission-driven” lenders. CRF VP of Program Strategy and Development Patrick Davis tells PYMNTS how technology and the human touch level the playing field for entrepreneurs who might otherwise have difficulty getting the funding they need.

 

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What's Hot


Banks Offer Economic Coronavirus Relief To Businesses


CIT Group Unveils New Version Of B2B POS Lending Platform


Mexico Is Taxing Digital Services From Other Countries


Gov’t: US Mfg Spend Dips As US Consumer Spending Rises


Aussie Tax Office Reminds SMBs To Pay Debt


Best Of Yesterday


How Dynamic Supply Chain Analytics Smooths Cash Flow


SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience


Procurement, Digital Banking See VC Funding Rounds


 

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