Fed names Payments Security Task Force lead, FIS links Fifth Third to faster Payments, and Same Day ACH’s role in supplier Payments.
| | | | BUSINESS TO BUSINESS EDITION | | Hyperwallet CEO On Supporting Payments For Amazon Sellers â Down Under
Amazon has established a local presence in Australia, which will make it easier and cheaper for its highly mobile population to shop with the global eCommerce giant. However, the companyâs promise to offer customers choice, speed and the best price can only be met if suppliers want to sell on the platform, and can be paid easily, sans exorbitant cross-border fees. Hyperwallet CEO, Brent Warrington, tells Karen Webster how he and his team are working with Amazon to close this critical gap for Amazon Down Under.
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| Accountants Begin To Heed Advice For Added Advisory Services
The rapid development of digital small business accounting solutions hasnât necessarily replaced accountantsâ jobs, but itâs certainly changed them. Perhaps the starkest shift has been in the demand for accountants to provide advisory services to their small business clients. According to new Xero research, many accountants are not only acknowleding this demand, theyâre reaping the benefits of rising to the challenge, as advisory services generate greater revenues.
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| | SMB Finance | | Approaching Payment Rails, Corporate Finance and Supplier Payments From New Angles
AeroFund is marketing its newest service, AeroPay Express, as a virtual credit card able to finance invoices, enabling suppliers to get paid quickly while providing buyers with longer float. But AeroFund CEO Steve Troy told PYMNTS that the solution actually runs on ACH, a rail that enables financiers to approach reverse factoring in a different way. In fact, Troy told PYMNTS, corporate finance is taking new approaches to the market left and right, all in an effort to simplify cash flow management for suppliers struggling with delayed payments. Read More... |
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