How AP tech eases fruit supply chain friction, HSBC small biz lending hit by glitch, and Seattle moves forward with tax on big corporates
| | | | BUSINESS-TO-BUSINESS EDITION | | Sowing The Seeds Of Agriculture Banking's Modernization The farming and agriculture industryâs embrace of technology isnât always matched by its banking providers. With traditional financial institutions (FIs) pulling back from the sector, small businesses have been forced to rely on trade credit, which Oxbury Bank Co-founder Tim Coates says is unsustainable. He spoke with PYMNTS about the opportunity to combine financing with faster payments to support the resiliency of a critical market. |
| SMB Financing, Vendor Acceptance Top Biz Cards' Priorities With commercial cards increasingly a popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. For some this week, that meant targeting small businesses and wielding the commercial card as a tool to accelerate access to much-needed capital. For others, commercial card innovation came in the form of overcoming the adoption hurdle of a lack of supplier acceptance. |
| | Next-Gen AP Tracker™ | | New Report: Fixing The Global Fruit Supply Chain's Broken Payments Problem Fruit importers/exporters never know how much theyâll pay their growers or get paid by grocery stores until the produce hits the market. That means a rather pear-shaped cash flow if they rely on accounts payable (AP) tools that arenât tailored to their unique needs, says Juan Gonzalez Pita, founder of Salix Fruits. In the latest Next-Gen AP Tracker, Gonzalez Pita discusses how robust payables management tools have helped him streamline and expedite payments to growers in 18 countries. |
| | |
| | Having trouble viewing this email? Please Click Here This email was sent to you by PYMNTS.com. To ensure delivery to your inbox,
please add ops@pymnts.com to your address book. |
|
This email was sent to newsletter@newslettercollector.com by PYMNTS.com
Instant removal with unsubscribe
PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108
