Versapay unwraps the two layers of collaborative B2B commerce, OnDeck adds SMB financing to HomeAdvisor, and small businesses frustrated by PPP loan glitches
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 23, 2021

       BUSINESS-TO-BUSINESS EDITION

SMB Funding

The Cross-Border Payments Opportunity Within Invoice Finance

With eCommerce proliferating and new digital sales models emerging, the small business financing sector is beginning to explore new ways of accelerating the flow of funds from a marketplace to its sellers. Invoice financing is a model that can not only connect vendors to money more quickly, explains Storfund Founder and CEO George Brintalos. It can also be a vehicle to tackle friction in cross-border B2B payments, too, he tells PYMNTS.

 

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Open Banking/Bank-FinTech Collaboration

Open Banking FinTechs Target SMB Underwriting Pains

While traditional banks continue to collaborate with FinTechs and facilitate data integrations to strengthen their product offerings for small businesses, more FinTechs are taking the lead with open banking to strengthen their own value propositions. This week's open banking roundup includes Equifax, Plaid and others wielding the regulatory framework, with an eye on small business lending.

 

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Collaborative Commerce

The Two Layers Of B2B Collaborative Commerce

Paper checks won't be around in 2030, says Versapay CEO Craig O’Neill because buyer-supplier relationships will evolve and new commerce paradigms will define those dynamics. O’Neill spoke with Karen Webster about the biggest trends ahead for buyers and suppliers, and the need for payments to “smarten up” in order to facilitate a more connected, collaborative ecosystem.

 

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What's Hot


SMBs Seeking PPP Loans Frustrated By Typos, Glitches


B2B Payments Provider Cirralto Limited To Raise $14.3 Million


OnDeck Teams With HomeAdvisor On SMB Financing


MUFG Debuts Green Deposits For B2B Customers


Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms


Best Of Yesterday


J.P. Morgan Details The 6 Trends Shaping Corporate Treasurers’ Futures


Finding Flexibility And Compliance In Cannabis B2B Payments


Vendor Payment Arrangements Reveal Battle Between Businesses


 

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