Amazon and American Express launch new SMB card, Oracle integrates its ERP into Citi treasury tools and WEX acquires Noventis
| | BUSINESS TO BUSINESS EDITION | IBM And The Blockchain Bet Investors may have focused mainly on the headline numbers, where IBM missed top line expectations. Management sounded sanguine on the earnings call about the longer-term potential of new tech trends that include blockchain. |
LevaData Eyes Procurementâs Slow March Toward Data Analytics Procurement teams are part of a growing trend in enterprise digitization, and while executives may understand the potential of technological adoption, they often fail to take action and implement those tools. Research from LevaData finds that, in the procurement function, lack of digitization means teams miss out on the opportunity to analyze 1.5 million data points to improve performance. |
| SMB Banking | Challenger FinTech Firms Can't Rely On Tech Offerings Alone: ANNA Challenger banks and FinTech firms are flooding the U.K. market in an effort to provide small businesses with a better FinServ experience than what traditional FIs offer, but high-street banks undoubtedly remain the leaders in SMB banking. Research suggests that trust is the top factor for a small business to choose a provider, something industry newcomers simply haven't earned yet. However, ANNA Money Co-founder and CEO Eduard Panteleev tells PYMNTS that challengers can offer something that the big banks can't. | | |
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