UPS Capital, Payoneer launch payments tool, TransferMate cleared for US operations, Ultimate Finance eyes middle-market’s late payments pain.
| | | | BUSINESS TO BUSINESS EDITION | | First Data 2Q Top Line Beats Street On SMB Momentum
In its latest earnings report, First Data CEO, Frank Bisignano, pointed to momentum in the North American SMB customer base as the fuel that delivered a Q2 beat. Bisignano emphasized that acquisitions are tracking to plan and Clover is seeing, well, green fields ahead.
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| UK Alternative Lender Spotlights Late Payments Misconception
Small and micro-businesses in the U.K. are getting squeezed by late payments. But a new report from alternative lender Ultimate Finance says there is a common misconception about the issue that needs to be cleared up: medium-sized firms are struggling, too, and in some ways they're faring worse than smaller businesses. Ultimate Finance argues government intervention is taking the wrong approach to the problem. Here's why.
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| | X-Border Payments | | SMBs Eye Payments For Less Risk, More Reward In Cross-Border Growth
Global expansion is a high-risk, high-reward game for many SMBs. Concerns like regulatory compliance, FX conversations and unknown trading partners mean many small businesses won't step onto the global stage at all, according to UPS Capital's VP Marketing Dave Zamsky and Payoneer's Head of Business Development, B2B Matt Watts. With the two firms now collaborating on a cross-border B2B payments solutions, the executives tell PYMNTS how they aim to look beyond payments to address some of the most daunting risks for SMBs. Read More... |
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