PwC launches small business payments app, Funding Circle Fund sees U.S. loan defaults rise and Yardi eyes the real estate sector's AP needs
| | BUSINESS TO BUSINESS EDITION | B2B Payments Fraud Tracker |
BEC Run Out Of Detection Center Nets Millions Mobile means that payments fraud schemes can be run from the unlikeliest of locations. In the meantime, business email compromises (BEC) are on the rise, as phishing continues to nab victims. Real estate is a vulnerable vertical, says the FBI. |
Compliance â Not ROI â Pushes Tech On Unprepared Fleets Cutting-edge technologies like telematics, Internet of Things (IoT) and mobile payments are driving their way into the fleet space, albeit at different paces. While a recent survey found broker-to-carrier payments a significant point of friction for the industry, players are more quickly adopting telematics technologies. Researchers say tech adoption is not necessarily for improved efficiencies, but rather driven by compliance mandates. |
| Accounts Payable | Real Estate Accounts Payable Needs A Renovation: Yardi The real estate sector faces much of the same accounts payable friction as everyone else, including use of checks and a lack of visibility. What's different, says Yardi Vice President Akshai Rao, is property management companies' acute struggle with duplicate invoices and fragmented banking relationships. Rao explains to PYMNTS why these pain points exist, and why cards â not ACH â may be better equipped to ease AP friction for this industry. | | |
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