| A FinTech Reality Check: Paper Checks Need Attention
FinTech wants B2B payments to ditch the paper check. The reality, says Mitek General Manager, Payments Solutions Michael Diamond, is that businesses send billions of checks every year, and the rate of decline is slowing. He argues that innovators should focus on how to remove friction associated with paper checks â instead of fighting an uphill battle of trying to get businesses to ditch the check altogether.
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| From AR To AP, B2B Investors Broaden Their Scope
Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. There weren't any groundbreaking rounds â $4 million here, $10 million there â but a B2B consulting and research company secured an impressive $56 million from backers. Find out who.
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| | Compliance | | Compliance As Competitive Advantage
Who doesnât want to catch the bad guys? And catching them, if youâre a FI, means being on top of an ever-changing risk and compliance game. Cheryl Gurz, program director of global payments products at CGI, told PYMNTS how technology can turbo-charge those efforts by making sure that the right information gets to the right people at the right time. Read More... |
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