Visa joins Phixius pilot for B2B payment data exchange, NuoDB on FIs’ multi-cloud payment process strategies, and Ascendant FX Capital joins SWIFT’s gpi
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 13, 2020

       BUSINESS-TO-BUSINESS EDITION

Corporate Bankruptcies

Banks Brace For Wave Of Corporate Credit Calamities

Banks are setting aside billions of dollars to cover possible credit losses as the pandemic continues. Consumers, grappling with unemployment, are at risk of default, but so are millions of smaller firms that populate Main Street – and are struggling to reopen. Here’s what might happen as SMB owners tap into personal funds to try to keep operations afloat and outlast the ravages of COVID-19.

 

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Corporate Cards

Corporate Cards Find Their Niche In B2B Use Cases 

With a number of launches, B2B FinTechs are finding their niche for the corporate card. This week’s look at commercial card innovation finds new applications for transportation providers, small businesses and corporations looking for discounts and spend control.

 

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Payment Processes

Why FIs Are Taking Payments Multi-Cloud

For financial institutions using legacy systems, the thought of migrating payment processes to the cloud — let alone multiple clouds — can seem like an overwhelming task. It’s a digitization journey wrought with potential pitfalls that can saddle organizations with what NuoDB Chief Technology Officer Ariff Kassam describes as ‘technical debt.’ But he tells PYMNTS how firms can overcome the challenges to realize the value of a multi-cloud environment.

 

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What's Hot


Visa Joins Phixius Pilot For B2B Payment Data Exchange


Palette Unveils AP Automation Software For Construction Firms


Ascendant Joins Up With SWIFT Network For Cross-Border Benefits


ShipStation, SAP Collab On ERP Software For SMBs In eCommerce


Mastercard Adds More Startups To Its Accelerate Program


Best Of Yesterday


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


The Prepaid Card Carves A Niche In The B2B Payments Ecosystem


Small Business Banking Targeted In Open Banking Initiatives


 

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