Goldman Sachs leads funding for Nav, Corcentric announces Determine takeover and ReceivaSure talks bankruptcies' impact on SMB AR management
| | BUSINESS TO BUSINESS EDITION | Plaid Expands Auth App To All US Banks Beyond the U.K., Open Banking is making inroads around the globe. In countries as far-flung as India and Colombia, apps and new functionality, along with new partnerships, have dotted FinTech-related headlines in recent days. |
e.l.f. Compliance Settlement Highlights Third-Party Supply Chain Risks e.l.f. Cosmetics recently reached an agreement to pay nearly $1 million after U.S. regulators found the company was sourcing goods from North Korea. Experts say the case highlights the risks of failing to vet not only companies' suppliers, but suppliers' suppliers, as supply chain compliance burdens weigh heavy. |
| Accounts Receivable | Big Bankruptcies Wake SMBs Up To AR Insurance Even as high-profile bankruptcy cases like Toys R Us and Sears wreak havoc on accounts receivable (AR) teams, small businesses still struggle to recognize the importance of protecting against the risk of non-payment. ReceivaSure Founder and CEO David Waldorf says AR insurance isn't just a way to add that protection, but to enhance small businesses' access to external financing in a climate of lengthening B2B payment terms. | | |
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