CSI on virtual cards’ role in healthcare B2B payments, SAP collaborates with Globality on strategic sourcing, and LeafLink talks looping legal cannabis into B2B trade credit
| | | | BUSINESS-TO-BUSINESS EDITION | | Looping Legal Cannabis Into The World Of Trade Credit The cash flow and B2B payment challenges that the legal cannabis industry faces are much like those of any other industry, only exacerbated by the market's reliance on cash and lack of access to traditional financial services. Lack of trade credit is among the biggest pain points, says Doug Gordon, executive vice president and head of LeafLink Financial. He spoke with PYMNTS about the ways FinTech has found to underwrite and digitize B2B cannabis transactions. |
| Real-Time Innovators Bring Data To Corporates Real-time rails continue to gain traction as solution providers debut new tools wielding existing instant payment infrastructure to enhance their offerings to business customers. Increasingly, those value-added services are not only focusing on speed of payment, but enhancing the data that end-users can access about their transactions, with new solutions from Bank of America and Scotiabank some of the latest to bring real-time rails to corporates. |
| | The Digital Shift: Healthcare Payments | | Virtual Cards Streamline, Simplify B2B Healthcare Payments Healthcare-claims processors often have to pay out various amounts to a multitude of doctors â tough when those payouts can be to as many as 100,000 physicians. In the Digital Shift Report, Brett Rodewald, president and CEO of healthcare-claims processor Lucent Health, discusses how virtual cards help claims processors maintain flexibly and quickly deliver payments to providers. |
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