Citi’s X-Border ACH service grows, China’s corporate lending surpasses expectations, and Plooto talks accountants’ place in SMB FinTech disruption.
| | | | BUSINESS TO BUSINESS EDITION | | Supply Chains: Global, Digital And Simplified
Supply chains are growing more complex as eCommerce makes inroads across borders. For sellers, that could mean years of preparation to enter new markets across the globe. ModusLink Manager Erik Hiddes tells PYMNTS that one of the secrets to getting into new markets with efficiency is to tackle compliance and invoicing â aided by supply chain management services â in a swift and automated fashion.
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| B2B Payments Remains Without A Clear Picture Of Faster Paymentsâ Impact
The latest PYMNTS Faster Payments Tracker, powered by NACHA, sees no shortage of developments in the financial services world when it comes to accelerating transaction speed. But whether progress in faster payments will make its mark on B2B transactions is less clear. PYMNTS takes a look at some of the latest news in faster payments, including the expansion of Zelle, a new blockchain API from Mastercard and a same-day ACH update from NACHA. Each has potential to disrupt corporate payments, but so far, a clear picture of just how impactful faster payments will be in the B2B space remains elusive.
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| | Corporate Accounting | | Accountants Find Their Place In SMB FinTech Disruption
FinTech disruption is undoubtedly changing how small businesses manage finances and make payments, but what about their accountants? Hamed Abbasi, CEO of payments technology firm Plooto, says SMB accountants are just as plagued by paper checks and wire transfers as their small business clients. Abbasi explores how ePayments adoption is part of the mix of FinTech innovation making its way into the accounting profession, as it strives toward a more strategic, personalized relationship with small businesses. Read More... |
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