Mnuchin pledges more small business stimulus talks, Fiskl on the rise of multitasking SMB finance apps, and investors place $33 million with CreditKey for its B2B payments technology
| | BUSINESS-TO-BUSINESS EDITION | How Virtual Cards Promote Healthcare Cash Flow Wellness Not all healthcare providers were deemed essential businesses. With the threat of more shutdowns looming, healthcare providers must be prepared for impending cash flow crunches. According to John Innes, CEO of the ACH Processing Company, the healthcare industry must be strategic about B2B payment technology adoption. He spoke with PYMNTS about how adding virtual cards into the mix, along with ACH and checks, can support healthier cash flow for both payers, like Third Party Administrators, and payees, like private practices. |
SMBs Find (Some) Relief In Fast-Paying Corporate Customers This week's B2B Data Digest examines the latest numbers behind the late payments problem that continues to plague SMBs at a time when healthy cash flow is essential to survival. There is a bright side, however: larger corporates in some markets are banding together in an effort to accelerate payments to their smaller vendors and contribute to a healthier supply chain. |
| SMB Finance | The Rise Of The Multitasking SMB Finance App Small businesses' most pressing financial management concerns, from late payments to cash flow management, have only intensified amid the pandemic. As a result, entrepreneurs need mobile-first solutions that can multitask, according to Fiskl CEO and Founder Alina Lapusneanu. She spoke with PYMNTS about the rise of the "super app," and how trends like open banking and the use of payment gateways allow those apps to tackle multiple points of friction at once. | | |
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