FTC sues FleetCor over 'hidden' fees, Visa Direct explores the evolution of push payments tech use-cases, and HBOS to issue new payouts to SMB fraud victims
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

December 23, 2019

       BUSINESS-TO-BUSINESS EDITION

Industry Dive

Finding The Right Incentives For Faster B2B Construction Payments

The construction industry has a reputation for contributing to the late B2B payments problem, but not all contractors in the sector are maliciously withholding payment from subcontractors. Instead, says Levelset CEO Scott Wolfe, construction giants need more incentives to accelerate cash flow, with the greatest opportunity for digitization technology to step into the fold before a payment ever occurs.

 

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Data Digest

Law Enforcement Cracks Down On Corporate Payments Fraud

SWIFT recently opened up its know your customer (KYC) registry to corporates as businesses of all sizes continue to demand solutions to mitigate the risk of fraud and other financial crimes. This week's B2B Data Digest looks at the data behind the latest cases of corporate payments fraud, including alleged invoice fraud that hit the U.S. Postal Service, and the U.S. Federal Trade Commission's (FTC) big payout to defrauded small- to medium-sized businesses (SMBs).

 

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The Monday Conversation

Visa's Bill Sheley On What’s Next For Push Payments

Visa Direct first launched in a market ready to embrace real-time peer-to-peer (P2P) payments – and now supports more than 30 use cases covering a variety of immediate payment applications, both domestic and cross border. Visa Direct Global Head Bill Sheley spoke with Karen Webster about the three pillars of the Visa Direct strategy, the value the billions of Visa-enabled end points have for payments originators and the role that partnerships and acquisitions have, and will play, in scaling Visa Direct in the decade to come.

 

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What's Hot


FTC Sues FleetCor Over 'Hidden' Charges On Fuel Cards


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Smartphone App Truecaller Ventures Into Business FinTech Before IPO


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Building Better Payment Rails With Banks In Mind


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VCs Back FinTechs That Help Other Firms Manage Money


 

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