Concur adds Airbnb listings, Visa works with alt-lender in Kenya, and the BPDA eyes the directory strategy to better B2B payments.
| | BUSINESS TO BUSINESS EDITION | FinTech Firms Find VC Favor Amid Collaborative Efforts Billions of dollars are being poured into FinTech through banks â and through VC favor. But the landscape is changing amid new charter efforts. Beyond big-picture thinking, some API initiatives came into the headlines, too, beyond U.S. shores. |
Fed Finds Biz Lending Swell Continues, But There's A Downside Just like the previous quarter, the U.S. Federal Reserve found that bank-to-business lending was on the rise in Q2, as corporates increased demand for financing and as lenders eased their standards. But with a greater tolerance for risk in a competitive market, lenders may be setting some business borrowers up to fail, regulators have warned. |
| Accounts Payable | Ticking Off The Boxes On The Fed's Checklist Of B2B Payments Priorities Following the Federal Reserve's recommendation, the B2B Payments Directory Association (BPDA) has formed to develop a digital "phone book" of information corporates need to electronically pay their suppliers. Its chair, Lawrence Buettner, outlines how the BPDA plans to address other points of friction that plague B2B payments today â including longer payment cycles for suppliers and the ever-increasing risk of fraud, as well as how blockchain will (and won't) be involved. | | |
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