PayPal’s latest SMB lending stats, Wells Fargo hires headhunter for CEO and SEC forms SMB capital committee
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

April 292019

       BUSINESS TO BUSINESS EDITION

Late Pay Tracker

In Wales, Late Payments’ Ripple Effects Felt In Construction Sector

A Welsh construction trade group advocates for safeguards in getting smaller suppliers paid in the wake of a larger firm’s collapse. In New Zealand, a name-and-shame game has taken root to expose late payors — or firms that do not deliver the goods at all.

 

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Data Digest

PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack

The latest Q1 stats from PayPal might suggest that the company has pulled ahead of the alt lending pack in small business (SMB) loan volume, analysts say. Other key data points from Q1 SMB performance signal surging cyberthreats, new evidence of an impending recession and a growing performance gap between micro-firms and the middle market.

 

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Cybersecurity

How To Motivate FinServ To Take Action On Cybersecurity

Digital transformation turns financial service providers into larger targets for cyberattacks. To secure data, FIs must "know where all the doors are," as Agio Founder and CEO Bart McDonough explains to PYMNTS. The sector knows what it has to do to heighten security, he says, but knowing what to do and actually doing it are two different things.

 

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