Uber Freight adds new features, eCommerce firms’ cash flow struggles, and Zycus eyes middle-market procurement.
| | | | BUSINESS TO BUSINESS EDITION | | Why SMBs Are Ready For A Cashless Future
When Visa announced its Cashless Challenge a few weeks ago, it expected to generate interest. But even Jack Forestell, Visaâs global head of product, said he was surprised by the level of enthusiasm once word got out it was giving grants to SMBs to make it easy to go cold-turkey cashless. Forestell told Karen Webster that the key now is to guide that enthusiasm into the right cashless experiences for businesses and consumers.
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| Alt-Lending Enjoys Sudden Investment Revival
Alt-lending had its moment circa 2015, but thanks to regulatory uncertainty and concerns over business models, the once-trendy industry seems to have fallen out of favor with investors â until this week, that is. Three alternative lending startups, Kabbage, Dianrong and Lendingkart, secured a collective $480 million this week, bucking the trend and begging the question: is AltFin headed for a revival?
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| | Corporate Finance | | eCommerce Finds The Cash Flow Link Between Financing And Shipping
For eCommerce businesses, income and expenses are closely linked. After all, you have to spend money to make money, and for sellers, the costs of logistics and shipping is a necessary expense in order to ultimately make a profit. But for many of these businesses, which are often SMEs or operate as seasonal companies, working capital is tight and uneven, says Pitney Bowes VP Global Financial Services Chris Johnson. He tells PYMNTS how linking financing and flexible payments to targeted shipping services is critical to ensuring eCommerce players stay competitive. Read More... |
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