Whistleblower accuses GE of financial fraud, Procore eyes cash flow bottlenecks in construction, and Federal Reserve names faster payments leader
| | | | BUSINESS-TO-BUSINESS EDITION | | Why âLiquidity As A Serviceâ Is A Gig Thing For gig workers, many of whom live paycheck to paycheck, having the option to get paid the day they invoice can mean the difference between financial comfort and financial straits. Qwil Co-Founder and CEO Johnny Reinsch tells Karen Webster that his company's invoice payment offering â paying gig workers instantly â is good business for employers, good for cash flow and good for society, too. Hereâs the instantaneous scoop. |
| Small Biz FinTech Leads Week's B2B Funding Roundup With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics and business travel technologies also won over investors. |
| | Cash Flow Management | | Why Communication Is Key To Faster Construction Payments The construction sector is notorious for late payments down the supply chain. Danielle Sandoval, group product manager, invoicing and payments at Procore, says fostering collaboration and communication is essential to faster payments in this space â and that digital data is the key to that connectivity. There are many points of friction in this sector, but start with the invoice, she tells PYMNTS. |
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