Easing supply chain’s cash flow crunch, Consumerizing SMB’s banking experience, Fleet, healthcare drive WEX earnings
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 14, 2020

       BUSINESS-TO-BUSINESS EDITION

FIs

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

Consumer expectations for digital banking and financial institutions (FIs) – and especially service and support – are changing thanks to Uber and Lyft. SilverCloud CEO and Founder Scott Cornell tells PYMNTS that forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers too. Here’s how.

 

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VC Investments

Procurement, Digital Banking See VC Funding Rounds

Venture capital funding focused on software as a service tied to procurement and purchasing, improving cash flow for companies as they streamline payments and supply chain visibility. Digital banking also attracted investor dollars, as neobanks operating on the Continent (and across borders) were in the spotlight.

 

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Cash Flow Management

How Dynamic Supply Chain Analytics Smooths Cash Flow

Supply chain digitization means more data at organizations’ fingertips, but that’s not necessarily helpful in optimizing operations and smoothing cash flow. ClearMetal CEO Adam Compain tells PYMNTS how stale, static data creates longer invoice-to-payment cycles and ties up cash in excess inventory – and explores the technology tackling this hurdle.

 

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