Visa discusses the impact on B2B payments digitization, Wells Fargo restructures its corporate risk unit, and CCRManager on how FinTech falls short to fill the trade finance gap
| | | | BUSINESS-TO-BUSINESS EDITION | | Why FinTech Wonât Be Enough To Tackle The Trade Finance Gap Alarming estimates of a $1.5 trillion trade finance gap made for an enticing opportunity for FinTechs. Yet several years later, the gap hasnât budged much. George Lee, chief operating officer of CCRManager, spoke with PYMNTS about some of the possible reasons behind such a stubborn challenge, and why FinTech wonât be enough to address a challenge of such scale and magnitude. |
| Phishing Attacks Continue To Find Fuel In A Global Pandemic Google issued a stark warning about rising phishing attacks that take advantage of the uncertainty of a global pandemic. This week's Data Digest looks at some of the latest cases of cybercrime targeting B2B payment workflows and creating costly damage to small businesses. |
| | Monday Conversation | | Visaâs Kevin Phalen: Moving B2B Payments From Acceleration To Execution Seven months ago, the conversation was about moving B2B payments from inertia to execution. The developments across the global economy over the last seven to eight weeks, Kevin Phalen, global head of Visa Business Solutions, tells Karen Webster, has moved those conversations from how to pick up the pace to how to just get it done. Hereâs how he sees the future of B2B payments. |
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