Survey finds cash flow struggles hit new high, Chain explores blockchain's future in global B2B payments, and Sage brings its chat bot to Canada.
| | | | BUSINESS TO BUSINESS EDITION | | How To Get SMEs To Switch From Checks To ACH
Through its integration with QuickBooks Online, Bill.com says it wants to help SMEs begin paying bills electronically. So why has it included capabilities for SMEs to send paper checks? The firm's Sanjeev Kriplani tells PYMNTS there's a good reason for that â and it isn't to perpetuate what remains the most common B2B payment rail for small businesses.
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| B2B Venture Capital Activity Slows, But Shows Signs Of Upcoming Activity
B2B venture capitalists seem in a bit of a summer haze. Analysts say investment in the B2B FinTech space is rising, but this week, only three funding rounds closed (in alternative lending, Big Data, and a matchmaking service linking enterprises to R&D services). But fear not: one venture capital firm just closed a $131 million fund with plans to funnel that cash into B2B startups.
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| | Blockchain | | Chain CEO On Why B2B Payments Needs Blockchain
Adam Ludwin, Chain CEO and Co-Founder, says businesses need choice when it comes to sending money between them around the world. And giving those businesses that choice doesnât require new cryptocurrency to make it real. But, Ludwin told Karen Webster that it does require blockchain technology that runs on top of existing payments rails. And in partnership with Visa, heâs convinced that he can pull it off. Read More... |
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