Canada to nix IBM-powered payroll system, the merchant cash advance rebuilds its reputation, and a PNB auditor charged in fraud scheme.
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

March 22018

       BUSINESS TO BUSINESS EDITION

Podcast

What’s In A Name? Faster Payments

The names may be used interchangeably, but when it comes to speed, faster, instant and same-day payments are not created equally. Ingo Money CEO Drew Edwards breaks down the differences in the latest Beyond The Buzzword podcast.

 

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VC Investments

AltFin Shines As Investor Interest In B2B FinTech Continues

The latest analysis from Accenture pegs global FinTech venture capital at a whopping $97.7 billion between 2010 and 2017, and analysts say the B2B business model has a lot to do with that number. In particular, researchers pointed to nine-figure funding rounds for alternative lenders — and this week, interest in AltFin shows no sign of waning, thanks to a $100 million investment in one small business lending platform. Plus, blockchain, RegTech and T&E land new funds.

 

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Cash Flow Management

Rethinking The Reputation Of The Merchant Cash Advance

The merchant cash advance was designed to help unbankable small businesses access financing, but the product has evolved, says Andrew Mallinger, COO of PIRS Capital. Today, the MCA can be a strategic tool for capital, and is at the center of innovations surrounding credit underwriting, too. Mallinger explains how the merchant cash advance is building out a new reputation though sophisticated tech, like machine learning.

 

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What's Hot


Canada’s IBM Payroll Plans Go Bust — Costing $1 Billion


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TransNational Rolls Out Payments API With AI-Powered Security


Paychex Expands With Lessor Acquisition


Wirecard To Power B2B Payments On Mercateo


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