US Bank launches AP tool for virtual payments, PSD2's impact on banks, and alt-lenders fear a proposed SEC rule.
| | | | | BUSINESS TO BUSINESS EDITION | | Payments (and Payroll) Pushed Instantly
For Ingo Moneyâs Instant Payments Service, the value lies in moving money to cards and digital wallets, bypassing bank accounts â if thatâs the way those on the receiving end want it. CEO Drew Edwards tells PYMNTS that push-basis payroll and other corporate payments can help push operating efficiency, too.
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| Small Biz Cash Management Struggles Across The Globe
From Brexit to the U.S. presidential elections, wavering interest rates and varying financial regulations, the economic climate for SMEs shifts from country to country. But C2FO's latest yearly report on SME working capital patterns finds some commonalities: small firms want to grow, but late B2B payments and access to cash can stand in their way.
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| | APIs And Banks | | Is PSD2 A Foreshadowing For US Banks?
Yep. PSD2 is going to change the way U.K. banks (are forced to) share customer information. But rather than their finishing blow, Token CEO Steve Kirsch says that itâs a new revenue source wrapped around a blessing in disguise. If heâs right, maybe, too, a playbook that U.S. banks better grab now and start to study. Read More... |
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