American Express enhances early payment discount solution, how Mastercard innovates B2B payments on existing rails, and payroll firm Paylocity acquires Samepage
| | | | BUSINESS-TO-BUSINESS EDITION | | How Project N95 Opens The PPE Market To Buyers In Need At the height of the coronavirus crisis in the U.S., smaller buyers of personal protective equipment (PPE) were often shut out of the market, deepening the chaos. Enter Project N95, a nonprofit with a digital-first B2B eCommerce strategy to connect PPE buyers and suppliers. Executive Director Anne Miller spoke with PYMNTS about the biggest pain points, including fraud and unvetted vendors, and how technology can level the playing field for small buyers as cases once again surge in the country. |
| Bank-FinTech Collaboration |
| Bank-FinTech Collaboration Tackles SMB Finance Friction Bank-FinTech collaboration continues to thrive as more financial service providers place small businesses front-and-center of product development. This week's look at the most recent initiatives in partnerships and open banking reveals a focus on small business lending and finance, while Banking-as-a-Service also gains traction to allow nonbanks to offer their own banking services to corporate customers. |
| | B2B Payment Rails | | Mastercard Embraces Existing Rails To Drive B2B Payments Value The digital-first economy needs to be protected from the fraudsters that are following the money online. A recent PYMNTS panel of CEO Schalk Nolte of Entersekt; Jen Martin, head of fraud operations at KeyBank; and Karen Boyer, fraud intelligence director/financial crimes at Peopleâs United Bank; unpacked the promise of authentication and behavioral analytics in providing that protection. |
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