Fed’s Sapenaro Discusses Payments Innovation, ShopKeep Launches SMB Lending Tool, And WEX Lands EU E-money License.
 

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August 312017

       BUSINESS TO BUSINESS EDITION

In-store Payments

What’s In Your Wallet? A PayPal Credit Card
 

From digital to plastic...and back again, with cash in hand or wallet or digital wallet to boot. PayPal just announced a cash back card with Mastercard that offers PayPal users a new way to pay in-store, showing a bit of truism to the maxim what's old is new again. PYMNTS caught up with Zach Knox, director of Credit Card Programs, to get a sense how digital and plastic can go hand in hand.
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B2B Payments

Sunny Skies Remain For SMBs As Summer Heads Into Autumn
 

August is wrapping up and Summer is coming to a close, so analysts are once again tapping into small business sentiment across the U.S. Data from ADP, Paychex and Reliant Funding all point to some promising conclusions: Job growth is steady, wages are up and optimism is holding fast thanks to hope — state and local-level governments will push forward with an SMB-friendly agenda. Here are the biggest data points from the latest research.
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Payments Regulation

Fed's Sapenaro On How To Forge Ahead With Payments Innovation
 

The Federal Reserve named Dave Sapenaro as its new payments strategy director earlier this week, a hefty role that aims to guide the U.S. payments system toward improvement and innovation. But the Fed can't do this alone. Sapenaro spoke with PYMNTS about the challenges ahead for initiatives like Faster Payments and the digitization of B2B payments, and why competition must mix with collaboration — something he says is "the most important thing to improving the payments system."

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