BoA downgrades Square over SMB sector concerns, UK banks hold internal investigations into business loan practices, Amid pandemic, SMBs eye receivables financing
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 19, 2020

       BUSINESS-TO-BUSINESS EDITION

SMB Finance

Amid Pandemic, SMBs Eye Receivables Financing

SMBs are struggling to keep operations going during the pandemic. Working capital constraints may be leading them to apply for PPP loans – but that may be no panacea. Raistone Capital CEO Dave Skirzenski tells PYMNTS why receivables financing can help fill working capital “gaps.”

 

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AR-AP Convergence

Finserv Finds Multiple Avenues To Connect AR And AP

B2B FinTechs and financial service providers are taking a variety of routes to optimizing both accounts payable and accounts receivable operations with a single solution. For some providers, technology that sits between buyers and suppliers supports financing for suppliers while enabling buyers to hold onto working capital. Others embrace payments automation to reduce administrative burdens on both ends.

 

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Faster Payments Tracker®

ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments

Sweden recently became the first nation outside the eurozone to join TIPS, the European Central Bank’s real-time payment platform — setting the stage for other countries to do so in the future. In the latest Faster Payments Tracker®, PYMNTS spoke with the European Central Bank to understand how Sweden’s decision to join up lays the legal and technical framework for Pan-European real-time cross-border payments.

 

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