EU rejects UK's finserv trade deal, Ripple wants regs and cryptos to play nice, and Hong Kong readies faster payments rollout.
| | | | BUSINESS TO BUSINESS EDITION | | Why Innovationâs Fast Pace Shouldnât Slow Down FI Payments Payments innovation has reached a frenzy, and itâs something that has many bankers more stressed than smiling â but not Brian Dorchester, EVP of operations at First American Payment Systems and this weekâs commander in chief. Dorchester tells PYMNTS why the speed of innovation is the best thing thatâs happened to payments in decades. |
| No Clear View On Small Business Hiring Last Month Small business trends are almost never easy to predict. New analysis from ADP finds U.S. small business hiring last month strengthened, while a separate report from Paychex painted a less optimistic picture. It demonstrates just how difficult it is to gauge entrepreneursâ hiring plans, analysts say. PYMNTS highlights the SMB hiring findings of these two payroll firms. |
| | Industry Dive | | The Construction Industryâs Lending Catch-22 In the construction industry, lenders gradually pay out capital based on the progress of a project. But for construction companies, that progress depends on access to capital. This makes financing for the industry an intricate web of communication between lenders and the construction supply chain to mitigate risk and ensure efficiency, explains Chase Gilbert, CEO of Built Technologies. So, how can lenders manage the underwriting and payout process amid these complex partnerships? Data, of course, but Gilbert says it has to go a step further. He tells PYMNTS why FinTech collaboration has become instrumental for the construction sector. |
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