Bank of America debuts payment tracker via gpi, Eastern Bank on forecasting SMB lending’s future, and Booking.com pairs with Amadeus and Conferma Pay on T&E tech
| | | | BUSINESS-TO-BUSINESS EDITION | | How Accountants' AR Builds A Better Client Experience Manual accounts receivable practices aren't just a pain point for accounting firms. According to Anduin Co-founders Justin Adams and Pat Morrell, they create friction for clients and lead to payment delays that can severely hamper cash flow. They told PYMNTS how machine learning can optimize AR to accelerate payments and improve client relations. |
| Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs this week, with investment totaling more than $164 million in fresh investment. Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to procurement technology, but human resources and payroll landed in the top spot in this week's VC roundup. |
| | SMB Lending | | Reading The Tea Leaves Of Post-Pandemic SMB Lending When it comes to underwriting small business loans, 2020 has been an anomaly, forcing banks to shift away from their reliance on historical data and look out toward the future. Eastern Bank Senior Vice President and Business Banking Sales and Innovation Director Kris Puskar spoke with PYMNTS about how lenders and small businesses are trying to read the tea leaves and prepare for multiple scenarios that may come to pass. |
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