SEC takes a closer look at WeWork cash flow strategy, Mastercard on how to close SMBs' cash settlement gap, and Uber and Amex pair for corporate rewards
| | | | BUSINESS-TO-BUSINESS EDITION | | Why SMBs Should Look Beyond High Street For FX Needs Global expansion has small- and medium-sized businesses in need of foreign exchange and cross-border payment services once reserved for larger enterprises. But traditional High Street banks aren't always the best option for SMBs, says Just Cash Flow Banking Director Mike Smith. He told PYMNTS about how the U.K.'s regulatory and FinTech climates open up the opportunity for more robust services for small firms clamoring to go global â if SMBs can be convinced to switch providers. |
| Finserv Providers Embrace New Rails For Faster B2B Payments In the U.S., the Faster Payments Council is exploring ways to elevate the nation's payments ecosystem, whether it be by improving upon existing rails or building new ones. For B2B service providers, the latest initiatives reflect support for the latter, with Wells Fargo, HSBC and others deploying RTP and blockchain for business payments improvements. |
| | PODCAST: Rapid Merchant Settlement | | Mastercard: Instant Deposits Close SMB Cash Flow Gap Small business is the lifeblood of the U.S. economy, and cash flow is the lifeblood of small business. But, firms struggle when funds donât reach their accounts quickly after a sale. Silvana Hernandez, senior vice president of digital payments and labs at Mastercard, tells Karen Webster how rapid settlement is closing the gap, letting firms deploy capital to grow. |
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