Uber Freight eyes SMB support with shipper platform, WeMENA backs buy now, pay later for B2B eCommerce, and nCino raises IPO target
| | | | BUSINESS-TO-BUSINESS EDITION | | Fostering Payments Trust In A Global Freelance Economy Digital marketplaces make it easier for companies to hire freelance workers anywhere in the world, but paying freelancers in a currency that isnât theirs can erode their trust. Iain McNicoll, Payoneerâs vice president of the Americas, and Miguel Warren, vice president and regional head for Southeast Asia, say offering other value-added services as part of the payments process â like early wage access and loans to freelancers â is one important step in that direction. |
| Data Begins Rolling In On Pandemic's Late B2B Payments Impact Anecdotally, it's undeniable that the global pandemic has had a negative impact on B2B payment behavior. Yet with the world now several weeks into the crisis, new research is beginning to emerge into exactly how detrimental the market event has been on delayed supplier electronic payments adoption. |
| | B2B eCommerce | | Buy Now, Pay Later Targets Trade Finance Deserts There is a massive global trade finance gap as FinTechs and banks alike explore innovative strategies to connect trading SMBs to much-needed capital. But in markets where financing is simply not easily available, the buy now, pay later model of eCommerce is spreading from the B2C world into the B2B. WeMENA Co-founder Pali Banwait tells PYMNTS how this strategy is helping SMBs in the Middle East overcome the region's biggest barriers to financing and payments. |
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