Square rolls out instant payroll, Tacton on manufacturers’ self-service B2B sales opportunity, and PayMyTuition launches supplier payments for educational institutions
| | | | BUSINESS-TO-BUSINESS EDITION | | Manufacturers' Buyers Dive Into The Self-Service Opportunity As B2B buyers seek better online shopping experiences, manufacturers are adjusting their business models and embracing the B2C eCommerce model. But that's not always enough for a positive customer experience, considering the intricacies of the B2B world. Tacton Vice President Nick Thompson tells PYMNTS why manufacturers need to get out of their own way to embrace the self-service sales strategy â without compromising the buyer relationship. |
| Open Banking/Bank-FinTech Collaboration |
| Open Banking Tie-Ups Challenge SMB Banking Incumbents PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveal the opportunity for new market entrants to rival incumbents and non-bank FinTechs in the small business banking arena. |
| | Business Banking | | Why Mexicoâs SMBs Need A FinTech Operating System And Not Another Bank A banking system that can take four to six months for a SMB to open a business banking account and a year to get a debit card isnât exactly business friendly. Itâs why Vilash Poovala, founder and CEO of neobank Oyster tells Karen Webster that the last thing Mexicoâs SMBs needed was another bank. Hereâs what he said that a financial services operating system powered by a FinTech can do for them instead. |
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