Ripple links to Ria Money Transfer, Wells zeros in on new CEO and BBB warns on eLending
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 72019

       BUSINESS TO BUSINESS EDITION

B2B X-Border

Ripple Boosts X-Border Partnership Tally

Ripple has added to its x-border roster with a recent linkup with Ria Money Transfer, while also readying a refresh of its xCurrent geared toward banks’ cross-border payments. In the meantime, SWIFT had some news of its own.

 

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SMB Finance

AltFin Community Advises HMRC Against Insolvency Tax Recovery Plans

U.K. tax authorities want to prioritize tax payment recovery above repayment to vendors and debtors when a company goes bust. Experts warn that, in addition to harming B2B suppliers and employees, HMRC's proposal will make borrowing more expensive for small businesses, particularly with alternative finance providers.

 

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Alt Lending

How APIs Boost The Integrity Of SMB Financing Data

Understanding a borrower's risk profile involves a mountain of data and paperwork pertaining to a business' finances, legality, compliance and more. Non-bank lenders can struggle to obtain accurate data when originating a loan, says inFactor Chief Technology Officer Eric Wright. He explores the role of APIs in promoting data integrity and mitigating risk.

 

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