New York subpoenas payroll processing firms, Payoneer expands global payment services to SMBs and StreetShares discusses small FIs' Lending-as-a-Service opportunity
| | | | BUSINESS-TO-BUSINESS EDITION | | In Australia, Late Payments Under Govt Microscope Australiaâs federal Labor Party has issued calls to scrutinize late payment practices that it has said are âunfairâ to small- and mid-sized firms. Separately, a study of the construction industry finds a majority of subcontractors would offer discounts, if they could be assured of being paid in a timely manner by contractors and other customers. |
| B2B eCommerce Tips The VC Scales More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. An Egyptian firm landed the MENA region's largest-ever Seed round, a California company proved U.S.-based alternative small business lending isn't dead with investors and an Indian startup landed more than half a billion dollars in one of the busiest weeks of B2B startup funding this year. |
| | Financial Fraud | | How Small FIs' SMB Lending Journeys Nudge The US Toward Open Banking Community banks and credit unions can struggle to develop the technology necessary to offer small businesses a 100-percent digital lending experience. That's where Banking-as-a-Service comes in, says StreetShares CEO Mark Rockefeller. He speaks with PYMNTS about how this model takes the U.S. a "half step" toward Open Banking and ramps up competition among smaller banks, large FIs and FinTech firms alike. |
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