Citi Ventures invests in HighRadius, Mass corporate taxpayer data exposed, and WeTravel talks faster payments.
| | | | BUSINESS TO BUSINESS EDITION | | X-Border Receivables Report⢠|
| For Cross-Border Receivables, Lobster Wholesalers Tighten Claws China is crazy for crustaceans â the country imports more than $100M worth of them from the U.S. each year. But with the growing appetite and booming business has come cross-border receivables pain. In the latest X-Border Receivables Report, Stephanie Nadeau, owner of The Lobster Company, discusses the receivables risk U.S. wholesalers run â and why lagging cash flows are leading many to tighten their claws around the payments supply chain. |
| From Heavyweights To Newcomers, FinServ Goes All-In On APIs It's been bank-versus-FinTech for years, but through regulation and market pressures, API technology has bred a new era of bank-FinTech collaboration. In B2B payments, that means addressing everything from cross-border payments friction to barriers of bank innovation. In PYMNTS' latest B2B API Tracker, powered by FI.SPAN, we catch up on the latest from heavyweights like Visa and Bank of America, as well as FinTech newcomers, all working to wield the power of API technology. |
| | Faster Payments | | Tapping ACH, Blockchain Into The Game Of Faster SMB Travel Payments Small travel management companies face two key points of friction, according to WeTravel CEO and co-founder Johannes Koeppel: a high volume of payments and high card processing fees. Thatâs why he wants to get ACH back into this space, especially for companies managing group travel â though, the executive said, ACH is far from perfect. Koeppel spoke with PYMNTS about the factors behind these SMBsâ struggle with cash flow and financial management, and why heâs eager for real-time ACH payments and blockchain to make inroads in the travel industry. |
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