US lawmakers to discuss blockchain’s SMB opportunity, Late paymentâs hidden cause, and daVinci eyes virtual prepaid cards’ biz payments role
| | | | BUSINESS-TO-BUSINESS EDITION | | Pulling Accountants Into The Corporate Payments Innovation Fold FinTech continues its journey to design tools to help businesses ease cash management friction and make payments. But these solutions can miss an important detail about the end-user. Tribe Payments Chief Commercial Officer Alex Reddish spoke with PYMNTS about why keeping the accountant in mind is an important piece of solving B2B payments pain. |
| Reconciliation, Invoice Expertise Mean Late Pay Late payments are often discussed in the context of large corporate buyers abusing their market power over small suppliers. While that can certainly be the case, this week's Data Digest finds that reconciliation challenges and suppliers' lack of invoicing expertise can exacerbate the late payments challenge. |
| | Commercial Cards | | Virtual Prepaid Tackles Biz Payments Friction Beyond AP Paying suppliers is far from the only corporate payments scenario loaded with friction. From rebates to gig worker payouts, opportunities for inefficiencies are endless, says Rodney Mason, daVinci Paymentsâ chief revenue officer. He tells PYMNTS why mobile-friendly prepaid virtual cards come out on top when solving corporate payments friction beyond accounts payable. |
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