Switzerland banks blockchain FinTechs, accounting errors rise unexpectedly, and a biz card startup seeks unicorn status
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 242018

       BUSINESS TO BUSINESS EDITION

B2B Late Payments Tracker

Carillion To Give Rise To Supplier Payments Standards?

The Carillion bankruptcy has implications for late payments beyond the construction industry. Some observers, such as David Brown, CPO of Previse, see opportunity for a widespread payments standard. In the meantime, smaller firms in the U.K. (and beyond) are still grappling with payments that come in weeks — or months — beyond deadline.

 

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Data Digest

Data Casts Doubt Over AltFin's Role For Small Businesses

The vast majority of small business borrowers turn to traditional banks and FIs for financing, and the latest research shows approval rates are high. The trend may cast doubt on the alternative finance market's role in the SMB lending space, yet some industry experts remain confident of alt-lending's continued rise in market share.

 

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 Fleet

eCapital Talks Modernizing The Factoring Tradition For A New Generation Of Fleet

Invoice factoring is a financing strategy thousands of years old — and one the fleet industry has historically relied upon. Adding a modern twist in this space means being able to meet the demands of a new generation of truckers for mobile processes and access to capital. Rich Piontek, president of fleet financing firm eCapital, tells PYMNTS about this conjunction of old and new in fleet finance and, looking forward, discusses what will change — and what won't.

 

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