PayPal partners with Sage, Senators eye faster Pentagon vendor payments, and Zooz talks payment rail friction for B2B sellers.
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 242018

       BUSINESS TO BUSINESS EDITION

Bank-FinTech Collaboration Tracker

In India, Banking Banks On Blockchain

Global in scope, banks and FinTech go hand in hand, with a bit of blockchain bowing in banking. Some inroads are being made in digital branches, too.

 

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Supply Chain Management

SMBs Find Access To Finance Is No Longer Their Only Trade Worry

The Federal Reserve concluded that small business optimism (and revenues) are on the rise, but its data also revealed entrepreneurs continue to struggle with access to finance. Separate research suggests FinTech is going to revolutionize trade the way the advent of the shipping container in the 1950s did, but even if capital is within reach for global SMBs, there is another major threat standing in the way of global expansion.

 

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Payment Rails

More Payment Platforms Mean More Headaches For B2B Sellers

With the B2B eCommerce market ballooning, sellers aren't only having to manage various payment rails like check and ACH. Today, they're having to toggle between the growing number of digital payment platforms like PayPal and WeChat. Oren Levy, founder and CEO of payments company Zooz, tells PYMNTS that without a real-time, unified view of payments data stuck across these platforms, B2B sellers stand to lose millions.

 

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