SMBs slam UK lenders for blocking COVID-19 loans, Aavenir’s CEO says AI can speed invoice processing and Monit CEO says mobile app can monitor cash flow
| | BUSINESS-TO-BUSINESS EDITION | Helping SMBs With Cash Flow Management â And PPP â On The Go For small to mid-sized businesses navigating the pandemic â one firm, Monit, seeks to bring better cash flow management through mobile app. In an interview with PYMNTS, Steve Dow, Monitâs co-founder and CEO, said mobile finance on the âgoâ can help companies get a better sense of daily ebbs and flows of cash positions, and even work to get their PPP loans forgiven more quickly. |
Payment Rail Innovators Focus On Cards, Contactless Payments New payment rails are once again in the spotlight as cards and contactless payments surface as the top focuses for innovators. In this week's look at payment rail innovation, Boost Payment Solutions is teaming with Visa to bolster commercial card use, while EE is collaborating with Square to help U.K. merchants accept contactless payments. |
| Artificial Intelligence | How Better Invoice Data Extraction Leads To More Efficient AP Management The digitization of B2B back-end processes is aimed at streamlining workflows and manual processes. As the pandemic disrupts supply chains, automating accounts payable functions and invoice-centered tasks is critical. In an interview with PYMNTS, Jesal Mehta, Aavenir founder and CEO, said artificial intelligence (AI)-based invoice data extraction can speed invoice processing and payments, with positive ripple effects up and down supply chains. | | |
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