Lending Club's former CEO starts his own lending firm, Fundbox eyes how SMEs cope with billions of dollars in late payments, and Tungsten Bank's buyer revealed.
| | | | | BUSINESS TO BUSINESS EDITION | | Helping Emerging Markets Land The Leapfrog Opportunity
In many emerging markets, taking the conventional approach to payments just isnât an option. Advancing technologies and nontraditional payment infrastructures are enabling these ecosystems to leapfrog right into next-gen commerce â presenting an opportunity Ravi Pochiraju, SVP of Growth Markets for ACI Worldwide, is ready to pursue. Pochiraju joined Karen Webster to discuss how.
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| B2B FinTechs On A Bumpy Road To 2017
Staff cuts, under- performing financial figures, name changes and leadership overhauls: B2B FinTech firms are entering 2017 on a bumpy road. Find out where your favorite players â including Basware, Bizfi and Tungsten â stand as the year closes out.
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| | Accounts Payable | | US SMEs Owed $825B â Here's How They Can Cope
SMEs are waiting on hundreds of billions of dollars in late invoices in the U.S. alone, according to new Fundbox data. In fact, the equivalent of 5 percent of U.S. GDP is tied up in accounts payable to small firms. Extended payment terms are the reality of B2B payments, Fundbox told PYMNTS, but reasonable terms are possible and could boost the economy in more ways than one. Read More... |
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