FLEETCOR completes Cambridge Global Payments takeover, Franklin Capital supports SME globalization, and Populous launches blockchain invoice finance tool.
| | | | BUSINESS TO BUSINESS EDITION | | How To Live Forever In The Financial Services Space
Ever wonder how decisions to invest in new payments technologies were made well before anyone thought theyâd be essential to doing business? UAE Exchange CEO, Promoth Manghat, tells Karen Webster why a remittances company that was founded in 1980 made big bets (and invested the money to back them up) in digital, new payments technologies and security decades before anyone even thought to ask.
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| Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
Traditional banks are undoubtedly making progress in embracing digitization, but recent research from FI service provider Avoka suggests it may not be enough â especially for small businesses. Its latest âState of Digital Sales in Bankingâ report finds only a fraction of big banks let SMBs open accounts online (and even fewer via mobile device). Hereâs why Avoka remains optimistic.
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| | Alt-Lending | | Nudging SMEs Into The Global Export Game
The small business lending scape is flush with options for entrepreneurs to access capital, but for those looking to expand internationally, the options are limited. A.J. Krzyzanowski, AVP International Trade Finance at Franklin Capital Network, says that's because global exporters don't just need cash, they need add-on services like due diligence and AR management. He tells PYMNTS why, without these services, SMEs turn down the opportunity for big POs â and even bigger competitive advantages abroad. Read More... |
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