Uber says gig worker need mandated benefits, Visa discusses the network approach to B2B payments, and Helium 10 on linking Amazon sellers to holistic finserv
| | | | BUSINESS-TO-BUSINESS EDITION | | Shifting The FinServ Focus To Amazon Sellers While Amazon is beginning to build a presence in the B2B FinServ space, Amazon sellers â often small businesses â can still be left high-and-dry when seeking capital, paying vendors or managing cash flow. Helium 10 Vice President of Product John Gjeldum tells PYMNTS why these businesses remain underserved by Amazon as well as by traditional banks, and why a global, holistic approach to filling the gap is imperative to entrepreneurial success. |
| FedNow Hit With Resistance From Smaller FIs This week's roundup of Payment Rail Innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa's Visa Direct, for instance, embraces the company's card rails to add value to professionals seeking early access to wages, while Billtrust embraces more legacy payment rails with its B2B payment service to streamline the movement of both funds and information. Meanwhile, the Federal Reserve's plans for a new payment rail hit some resistance. |
| | B2B Payments | | Visa: Forging A âNetwork Of Networksâ To Modernize B2B Payments B2B payments digitization today means not only tackling accounts payable friction, but addressing suppliersâ needs on the accounts receivable side too. For Visa, a collaborative approach to modernizing B2B payments goes further, Visaâs Head of Global Business Payments Kevin Phalen tells Karen Webster. He describes the value of an ecosystem that includes buyers, suppliers, SMBs, financial institutions and even other AP solution providers to drive adoption â and value â to the B2B payments community. Details. |
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