Square debuts invoice app for SMBs, Neo explores FX risk evolution, and WEX announces fleet card acquisition
| | BUSINESS TO BUSINESS EDITION | Stay On CFPB Payday Lending Rule Upheld Rules changing the way payday lenders operate may be pushed out a bit, thanks to a recent court decision. In the Midwest, new legislation seeks to spur FIs to do business with medical marijuana firms. |
Has Alternative Lending Seen Its VC Peak? Alternative lenders are no longer the darling of venture capitalists, as investors pressure AltFin players to prove their worth in a crowded market. That's even as overall FinTech funding continues to climb â and as the success of the alternative lending market grows, too. |
| FX | Treasurers Beware: FX Risk Is Not What It Used To Be When a company goes global, the first FX concern treasurers have is likely the cost of cross-border payments. Yet, FX management today is significantly more complex and demanding than avoiding hidden fees, says Neo Founder and CEO Laurent Descout, and an ill-prepared strategy will breed inefficiencies, data siloes and lost money â a lot of it. He speaks with PYMNTS about these risks, and the opportunity for treasurers to support global growth, not stifle it. | | |
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