Boost partners with BMO Harris Bank, Google launches digital tools for India’s SMBs, and Deluxe eyes the opportunity in digitizing B2B insurance payouts
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 26, 2020

       BUSINESS-TO-BUSINESS EDITION

Corporate Accounting

Data Hurdles Keep Accountants From Elevating Their Role

Well before the pandmic hit, corporate accountants were in the midst of an industry shift away from number-crunching and toward strategic advisory services. That change is more important than ever to help firms through volatile times, but Receipt Bank CEO Adrian Blair warns data can make — or break — financial experts' supporting role within the enterprise.

 

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VC Investments

Investors Back B2B Startups With An Eye On SMB Finance

Small- to medium-sized business (SMB) lending emerged as a common theme in this week's B2B venture capital roundup, and it's no surprise, considering the role SMBs play in supporting their local economies. Some startups focused on data aggregation to expand underwriting capabilities, while others operated platforms to facilitate financing. But it was a startup wielding the corporate card to enable digital lunch vouchers for employees that landed the largest round of the week.

 

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PODCAST: Disbursements

The Role Of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks

While P&C insurance carriers have embraced acceptance of electronic payments, digital disbursements remain a rarity as the industry resists the risks involved in such a change. However, carriers increasingly acknowledge that the risk of not digitizing payouts can be even greater amid the global pandemic. Tom Reuter, director of digital payments at Deluxe, tells PYMNTS how carriers can ensure business continuity and security as they make the ePayments leap.

 

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