Amazon eyes China for SMB lending, the lesson behind Ticketmaster's data breach, and VPay eyes insurance firms' ePayments adoption.
| | | | BUSINESS TO BUSINESS EDITION | | Atradius Reports: Top US Firms Take Longest Time To Pay B2B Invoices In A Decade The U.K. may hold the spotlight on late payments, but the U.S. has its own problem with lengthening Days Sales Outstanding. Atradius' latest report finds the U.S. is the only market in the Americas that didn't see an increase in overdue invoices. But incoming data from Hackett suggests that trend goes up in smoke when the scope narrows to the country's largest enterprises. |
| Investors Bolster Startups That Safeguard The Enterprise VC funding found its way across B2B verticals, from fraud prevention to leasing, and from U.S. shores to Malaysia. This week, funding is geared toward growth, not just for product roadmaps, but for new geographic markets, too. Startups positioned to safeguard the enterprise from cyberattacks and fraud took home the majority of about $100 million raised this week, with entrepreneurs predicting good times ahead. |
| | Payment Rails | | For Insurance, Faster Payments Means Nothing Without Data The insurance industry's adoption of faster payments will undoubtedly make policyholders happy when claim payouts are received in hours, not days. But for B2B payments, insurance firms are less concerned about speed than they are about data, says VPay Chief Operating Officer Ben Peters, because a faster payment means nothing if a business doesn't know its purpose. Peters explores the insurance market's journey towards B2B payments digitization with ACH and virtual cards. |
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