CIT boosts B2B POS lending platform, Banks help businesses hit by COVID-19, and late payments go global
| | | | BUSINESS-TO-BUSINESS EDITION | | APIs Streamline Cross-Border SMB Payments Commerce is increasingly cross-border, providing opportunities for smaller firms to tap into new markets and supply chains. Benjamin Wong, CEO of TranSwap, tells PYMNTS how APIs and online platforms can help smooth the cross-border payments process, automating fund flows and boosting efficiencies. |
| Suppliersâ Late Payments Woes Expand Across Borders Small suppliers' late payments woes know no borders. This week's B2B Data Digest uncovers the stats from stories around the world, including the U.S., where Sears' ongoing bankruptcy saga continues to squeeze vendors, while in Australia, a new focus on supply chain financing comes into play. |
| | Alternative SMB Lending | | Underserved SMBs Get Online Lending Boost The Community Reinvestment Fund recently launched Connect2Capital, an online lending network that matches SMBs in underserved communities to âmission-drivenâ lenders. CRF VP of Program Strategy and Development Patrick Davis tells PYMNTS how technology and the human touch level the playing field for entrepreneurs who might otherwise have difficulty getting the funding they need. |
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