Next Insurance on SMBs’ InsurTech competitive edge, American Express nears a Kabbage buyout, and federal officials crack down on predatory SMB lending
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 12, 2020

       BUSINESS-TO-BUSINESS EDITION

Commercial Cards

The Prepaid Card Carves A Niche In The B2B Payments Ecosystem

There are ample opportunities for B2B payment FinTechs to tackle friction in the ecosystem, and no single technology can be the silver bullet to faster, more efficient transacting. According to B4B Payment Managing Director of North America Kieran Draper, prepaid corporate card technology has found a valuable niche in the sector: employee expenses and contractor disbursements. He told PYMNTS about the value prepaid can provide to these scenarios.

 

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Open Banking

Small Business Banking Targeted In Open Banking Initiatives

Small businesses have landed at the center of B2B FinTechs' and financial service providers' latest collaborative efforts. In this week's round up of Open Banking initiatives and bank-FinTech tie-ups, PYMNTS finds a renewed push to strengthen SMB banking experiences including financing, account management and more.

 

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SMB Strategy

COVID-19 Has Devastated SMBs, But It Might Make Their Insurance Policies Better

Insurance companies have a front-row seat to the ways in which the pandemic has affected their SMB policyholders and where gaps may exist. Next Insurance Chief Operating Officer Sofya Pogreb tells PYMNTS how InsurTechs are helping SMBs reassess their policies as they ready for recovery.

 

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What's Hot


Amex Negotiating To Buy SMB Lender Kabbage


Clear Books Links With Stripe To Help SMBs Accept Card Payments


UK B2B X-Border Payment Firm Vitesse Notches $8.6M Series A


Convoy Debuts Quick Payments Tool, Fuel Card


Sokin Partners With Currencycloud On Money Transfer Services


Prosecutors Target Loosely-Regulated Business Lending Sector


Best Of Yesterday


Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem


Connecting B2B SMBs To Financing When Traditional Lenders Pull Back


Ireland's Grocery Industry Doubles Down On Accelerated Vendor Payments


 

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