Banks' corporate real-time payments uncertainty, Brex talks cards for startups, and AP execs say need for improvement is “urgent.”
| | | | BUSINESS TO BUSINESS EDITION | | Hyperwallet CEO: PayPal Acquisition Will Help Hyperwallet âPay The Planetâ Powering payouts on a global scale is no small task, and the myriad of payment methods and currencies are just the beginning. Brent Warrington, CEO of Hyperwallet, peels apart the layers to reveal why global payouts are such a challenge â and tells Karen Webster how things will change now that PayPal has acquired the company. |
| Invu Reports That AP Execs Say A Need For Upgrades Is 'Urgent' For years, accounts payable has been warned to embrace technology, safeguard systems and reduce reliance on paper. A new survey from AP automation firm Invu not only finds that these achievements are far from widespread, but reveals AP professionals are aware of these shortcomings, admitting processes that expose their firms to fraud and prevent on-time invoice payments. |
| | Commercial Cards | | Why Banks Withhold Cards From Startups â Even With VC Funding Investment in startups is soaring around the world. With all of that money up for grabs, one would think a newly-backed entrepreneur would have an easy time getting approved for a credit card. Not so, says Henrique Dubugras, co-founder and CEO of commercial card firm Brex. Issuers need proof of profits, not just cash-on-hand, pushing startups out of the running for a card. Dubugras spoke with PYMNTS about how this puts unexpected pressure on the startup community. |
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