WEX walks back on triple takeover, SBA lowers disaster loan limit, and Deluxe on the value of preserving check workflows
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 8, 2020

       BUSINESS-TO-BUSINESS EDITION

SMB Banking

Finding Front- And Back-Office Flexibility In SMB Banking

Small businesses cannot be forced to fit in consumer banking products, but there is undoubtedly overlap in how SMBs and consumers want to bank. Michael Brackpool, bunq head of product, told PYMNTS why flexibility on both the front- and back-ends of any digital banking experience is vital to providing familiar user experiences without compromising more sophisticated money-management tools.

 

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VC Investments

Small Business Banking Secures New FinTech Unicorn

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week with more than $280 million raised. Investors found promise in startups that target financial institutions with software to improve their own services, as well as FinTechs that offer small business solutions by wielding their bank data. But the biggest round of the week went to a challenger bank, which also secured unicorn status with its latest funding.

 

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PODCAST: B2B Payments

Preserving Check Workflows Can Ease B2B Payments Digitization

Will a catalyst called coronavirus eliminate the paper check? Not if the key to digitizing B2B payments is minimizing disruption, when doing it, Mike Reed, general manager of payments at Deluxe tells PYMNTS. Here’s how he says virtualizing the paper check can help corporates navigate a remote working environment without asking accounting teams to overhaul their familiar workflows.

 

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What's Hot


WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic


Greensill To Drop Clients Abusing SCF To Lengthen B2B Terms


New DBS Card Offers Contactless Payments For Logistics Companies


Linked2Pay's Customer Connect To Combat Late Invoices With Automation


SBA Shuts Door On SMB Disaster Loans


Best Of Yesterday


Visa, Conferma Pay, Make Corporate 'On The Go' Card Spend Tap And Pay


Process Mining Goes After The B2B Payments Bottlenecks


AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations


 

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