| Cutting Through Global Trade Friction At SMBs' Point Of Need While there are several types of trade finance products available on the market today, smaller firms trading with lower-value invoices are often squeezed out of the market. According to Proxtera Program Director Shirish Jain, this not only limits access to working capital, but leaves buyers and suppliers without a trusted middleman to ensure contractual agreements on both sides are met. He spoke with PYMNTS about how technology can work with B2B eCommerce platforms to mitigate friction at SMBs' biggest points of need. |
| Coronavirus Puts B2B Payment Timing In A Tailspin This week's B2B Data Digest examines how the coronavirus crisis has impacted the timing of B2B payments, including in some unexpected ways. With cash flow tight, organizations are facing delayed payments and the pressure to rethink their collection strategies. But government aid has also helped to keep B2B payment terms down in certain markets, the data reveals. |
| | Payments Innovation | | J.P. Morganâs Takis Georgakopoulos Looks Toward Payments Modernization The corporate treasurerâs role was dramatically transformed amid a pandemic that fueled the need to optimize financial strategies, rethink business models and embrace digitization like never before. Along that journey, treasurers are turning to their banks for the tools and guidance to achieve their goals. Takis Georgakopoulos, global head of wholesale payments at J.P. Morgan, tells Karen Webster about the bankâs own modernization strategy to support clientsâ treasury optimization and enterprise agility for the long term. |
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