Flywire announces its entrance into B2B payments, Tungsten offers India compliance eInvoicing, and Concur launches traveler tracking and risk services.
 

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March 16, 2017

       BUSINESS TO BUSINESS EDITION

Innovation Project Recap

The Payments Ide(as) Of March
 

Mid-March has typically heralded change in the world. Just ask the Romans or the blizzard watchers of 2017, beset by snow where green shoots should have budded. And change is a-blowin in the payments industry, too, as movers and shakers in the space discussed at the first day of Innovation Project 2017.
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SME Finance

Why Are U.K. SMEs Shunning Finance?
 

A significant number of U.K. SMEs aren't pursuing external finance, finds a new report from BDRC. But what's interesting about the finding is that these businesses are happy with their non-borrowing status, with many confident they could receive a bank loan if they wanted to. So what's stopping these SMEs from borrowing?
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B2B Payments

Flywire Lands In The B2B Payments Market
 

Today, cross-border payments company Flywire announces its expansion into B2B payments. At a time when payments and FinTech innovation is in high gear, B2B payments cannot seem to shake the reputation as a manual, legacy field. Still, Flywire executives Jason Moen and Jeff Althaus tell PYMNTS that a traditional field like this one is ripe for innovation— if you take a smarter approach to cross-border corporate payments.

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