Next-Gen Payments Report eyes truckers' digital expense needs, the Federal Reserve sponsors the US Faster Payments Council, and Chase enables same-day in-field worker payouts
| | BUSINESS-TO-BUSINESS EDITION | Trade Credit: When âStatus Quoâ Means Itâs Time For A Change Suppliers extending trade credit to buyers is a longstanding tradition in B2B supply chains, but with an estimated $3.1 trillion locked up in small U.S. suppliers' accounts receivables, cash flow pressure can quickly stifle growth. Fundbox Founder and CEO Eyal Shinar sat down with Karen Webster to discuss why this trade credit status quo is a trigger point for innovation, and for a slow-but-steady evolution in business payment habits. |
On-Demand Payroll Leads B2B FinTech Funding This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding in the space. From Singapore to the U.K., backers focused on accounts payable technology, cannabis procurement and small business lending, to name a few â but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week's roundup. |
| Next-Gen Payments Report™ | Trucking Payments Tools That Are In It For The Long Haul Americaâs 3.5 million truckers face serious delays when they canât easily pay for fuel and cargo unloading services. Carrying cash isnât always safe, and payments acceptance can vary widely state-to-state. In the new Next-Gen Payments Report, Women In Trucking Association CEO Ellen Voie explains how EMV cards, expense tracking and budgeting tools keep drivers from veering off course. | | |
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