AmEx to buy Kabbage, Q2 mortgage delinquencies hit high, Main Street’s SMBs' most interesting pandemic pivots

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August 18, 2020

Payments Powering the Platform Economy Report

New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs

Digital-first businesses that need capital as a cushion for lumpy cash flow find tapping their banks for funds can be tedious and slow, says Abe Shak, CEO of accessories retailer The Time Store. In this month’s Payments Powering the Platform Economy Report, Shak explains how alternative lenders are stepping in.

 

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AR Automation

AmEx: Why It’s Go-Time For Automating B2B AR Functions

The great digital shift is spurring a revolution in consumer commerce and changing the way businesses pay one another. Dan Puleri, vice president of B2B supplier strategy and enablement at American Express, tells PYMNTS that invoicing and payments are ready for increased automation. Here’s where he see things heading.

 

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Merchants Guide To Navigating Global Payment Regulations

Report: Some UK Merchants Remain Reluctant To Embrace SCA

European Union regulators are eager to pop the top on new regulations to solve the region’s fraud woes. But many merchants still aren’t convinced, says Richard Ellison, founder of boutique wine company Wanderlust Wine. In the latest Merchants Guide To Navigating Global Payment Regulations, Ellison discusses why merchants need more convincing on SCA's effectiveness.

 

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How We Work

How Work From Home Has Changed The Future Of Commercial Real Estate

We’ll all work from home. Forever. Or maybe only temporarily. Sanjay Rishi, Americas CEO/ Corporate Solutions at commercial real-estate services giant JLL, tells Karen Webster that his industry will embrace a range of hybrid models as the world emerges from coronavirus. Here’s how office space — and how we use it — will likely look in the future.

 

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Main Street SMB

Main Street’s SMBs' Most Interesting Pandemic Pivots

The pandemic is hitting Main Street’s small- and medium-sized businesses hard, but they’re not going down without a fight. From the Seattle dance hall that’s turned its ballroom into a dine-in restaurant with plenty of social distancing, to the Oregon patisserie that’s selling treats via a 24-hour vending machine, SMBs are adapting. Here are some of their great ideas that might live on even after COVID-19 goes away.

 

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Consumer Trends

Got Yachts? How The Industry Is Staying Afloat In A Pandemic

Either as a floating home or as a full-ticket hedonistic getaway, yachts sales are booming despite a global pandemic and recession. Why? Alfred Law, director of iconic yacht brand Sunseeker, says the industry is attracting millennials and other young customers, giving it surprising buoyancy.

 

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