SMBs lead to massive share bump for Intuit, Wyre debuts a B2B payments chatbot, and PayPal discusses its partnership with Village Capital.
| | | | BUSINESS TO BUSINESS EDITION | | NACHA CEO On The Need For ⦠Innovation
In payments, speed thrills, but innovation is key. NACHA CEO and President Jan Estep told PYMNTSâ Karen Webster, that there are a whole new crop of innovators using ACH rails to remove friction from what was once considered âpart of the process.â She explains.
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| SMEs Losing Faith (And Billions Of Dollars) In Professional Services
The fees associated with financial services are too much to bear, according to U.K. SMEs surveyed by Zeqr. The knowledge marketplace company says small businesses have wasted $16.3 billion on professional services, for instance IT and accounting, that they ultimately felt were ineffective. With SMEs in a tech skills shortage, losing faith in third-party services is a dangerous trend, researchers warn.
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| | Alternative Lending | | A Local Approach To The Universal Challenge Of SME Finance
Regulations, market maturity, technological penetration â these factors all vary from place to place when it comes to SME finance. What doesn't vary, say PayPal's Sean Milliken and Village Capital's Allie Burns, is small businesses' need for working capital. They tell PYMNTS how understanding the unique challenges facing entrepreneurs, from sub-Saharan Africa to the U.S. to India and beyond, is critical to meeting the financing needs of businesses. Read More... |
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