BoA downgrades Square over SMB sector concerns, UK banks hold internal investigations into business loan practices, Amid pandemic, SMBs eye receivables financing
| | | | BUSINESS-TO-BUSINESS EDITION | | Amid Pandemic, SMBs Eye Receivables Financing SMBs are struggling to keep operations going during the pandemic. Working capital constraints may be leading them to apply for PPP loans â but that may be no panacea. Raistone Capital CEO Dave Skirzenski tells PYMNTS why receivables financing can help fill working capital âgaps.â |
| Finserv Finds Multiple Avenues To Connect AR And AP B2B FinTechs and financial service providers are taking a variety of routes to optimizing both accounts payable and accounts receivable operations with a single solution. For some providers, technology that sits between buyers and suppliers supports financing for suppliers while enabling buyers to hold onto working capital. Others embrace payments automation to reduce administrative burdens on both ends. |
| | Faster Payments Tracker® | | ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments Sweden recently became the first nation outside the eurozone to join TIPS, the European Central Bankâs real-time payment platform â setting the stage for other countries to do so in the future. In the latest Faster Payments Tracker®, PYMNTS spoke with the European Central Bank to understand how Swedenâs decision to join up lays the legal and technical framework for Pan-European real-time cross-border payments. |
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