DOJ kills Operation Choke Point, NACHA eyes Congress's payments moves, and Capital Float announces Series C funding.
| | | | BUSINESS TO BUSINESS EDITION | | Why Banks Join FinTechs To Look At More Angles Of Accounts Receivable
The rivalry between FinTechs and banks is giving way to an ecosystem of collaboration, and KeyBank is ramping up its participation in this trend with a new partnership with (and investment in) AR firm Billtrust. Matt Miller, head of Product & Innovation, Enterprise Commercial Payments, says it's because banks have traditionally focused on payment, without looking at pain points businesses experience before and after the transaction occurs. Miller tells PYMNTS how working with an AR FinTech addresses the before, during and after of B2B payments.
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| Time (Or Lack Thereof) A Top Roadblock To SMB Cloud Adoption
Small businesses in the U.K. say they don't have the time to implement cloud-based services. That's ironic, business data company 9 Spokes said, considering SMBs' lifespans can often be only a few years. The company published new research exploring why smaller U.K. companies struggle to embrace the cloud, even if those technologies could ultimately expand the lifetime of their businesses.
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| | Payments Regulation | | CLEARR And CHOICE On The Hill, But Not On Payments Regs
Capitol Hill is like the ultimate horse race, following whoâs up, down, in the running or out of the race. Karen Webster sat down with Bill Sullivan, senior director and group manager of Government and Industry Relations at NACHA, to handicap the âstate of the stateâ on all things payments, the CFPB and rules and regs that govern each in Congress â and where they are going. Itâs juicy. Read More... |
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