What Hanes learned from its supply chain pivot, Mastercard pairs with Octet for SMB trade, and New York sues MCA businesses
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 15, 2020

       BUSINESS-TO-BUSINESS EDITION

SMB Banking

How Digital-First Banking Gets SMBs On The Road To Recovery

Disrupting the small business banking status quo involves a delicate balance between addressing the unique needs of an SMB based on its specific market and connecting those firms with global-friendly functionality. Digitization and mobile-friendly tools are key, says Aion Bank CCO Krzysztof Czuba. He told PYMNTS why that digital-first strategy is more important than ever to tackling local and global challenges for small firms so they can get back on their feet.

 

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Data Digest

B2B Payments Deterioration Eyed For Asia

While some firms in industries like the food and beverage sector are accelerating vendor payments, the spotlight now turns to Asia. In Bangladesh, late and non-payment for garment vendors runs rampant, while researchers also warn of a rise in late B2B payments throughout the region, as this week's B2B Data Digest explores.

 

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PPE Supply Chain Report

From T-Shirts To PPE — What Hanes Learned From Its Supply Chain Pivot

Clothing brand Hanes jumped from producing T-shirts to fighting the global personal protective equipment (PPE) shortage by manufacturing 200 million face coverings and counting. But transitioning production required leveraging local supply chains and restarting shuttered factories, says Vice President Matt Hall. In the PPE Supply Chain Report, Hall discusses what it takes for companies to pivot their supply-chain operations and why face masks could become a permanent fixture on retail shelves.

 

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