Biz2Credit says lenders too fixated on millennial entrepreneurs, half of IoT-linked firms hit with cyberattacks, and Form3 eyes the struggles of payment scheme connectivity.
| | | | BUSINESS TO BUSINESS EDITION | | Communication Key Across Paymentsâ Changing Landscape
Technology is changing the very way payments are done. But, as in any relationship between buyers and sellers âfraught with the specter of fraud across the web â legacy technologies are not enough to guarantee good online outcomes. Secure communication is essential, as InterComputerâs CEO and President Scott Volmar told PYMNTS.
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| US B2B FinTechs: Left Behind?
The latest analysis from Forbes confirms what the industry has long felt: venture capitalists are recognizing the lucrative potential in B2B FinTech. This week, though, investors were a bit reserved, with about $30 million laser-focused on two niches in B2B FinTech: expense management and SME accounting. Notably absent from the lineup was the U.S., with VCs instead looking towards Asia, Canada, Australia and even Africa with their cash. Here's how the funding played out.
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| | Payment Rails | | New Payment Schemes Create A 'Minefield' Of Complexity For Banks
With payments innovation maintaining its dizzying speed, new payment schemes are flexing their muscles to offer faster, more transparent payment options critical to B2B transactions. But payment schemes are only as valuable as they are accessible and, according to Form3 Chief Product Officer Mike Walters, connecting to payment schemes can be a complex minefield for banks. He tells PYMNTS how APIs can smooth over some of that friction. Read More... |
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