Citizens Bank to launch real-time payments for corporates, NatWest pilots a mobile small business bank and WorldFirst launches SMB accounts in China
| | BUSINESS TO BUSINESS EDITION | Blockchain Makes Headway Into Shipping Logistics Document management across supply chains and logistics is getting a boost from blockchain, as recent initiatives help track goods and payments across borders, done through several recent announcements of consortiums and open platforms such as Voltron. In addition, healthcare payments are also gaining speed and transparency through smart contracts. |
Harvard And Capital One Survey Mid-Market B2B ePayments Adoption Middle markets surprisingly embrace electronic B2B payments at high levels, with most adopting electronic fund transfers (EFTs) in at least some capacity. What's keeping them from making even more digital payments progress? A new report from Harvard Business Review and Capital One suggests the mid-market may have some misconceptions about the process â including a reliance on the false capital float that comes with the "checks in the mail" strategy. |
| Alternative Lending | How Asset-Based Finance Mixes Tradition With Innovation Business lending is increasingly about speed: faster application times, underwriting and payouts. Asset-based finance is an industry that hasn't accelerated as much as other SMB financing products â nor does it necessarily need to, says The Credit Junction CEO and Founder Michael Finkelstein. He explores the ways asset-based financing takes its time with a more traditional approach to the market â and other ways the industry is ramping up efforts to innovate. | | |
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