Virgin Money bolsters its business banking offering with Codat, LinqPay talks the value of mobile FinTech for construction, and TAP Financial launches new unit for supply chain finance
| | | | BUSINESS-TO-BUSINESS EDITION | | The Furniture Market Embraces A Hybrid B2B Commerce Model Showrooms have long been a staple in the furniture market, and that includes for B2B buyers like interior designers and retailers. Yet with B2B commerce increasingly moving online, the furniture space has been forced to adjust. Rustic Deco CEO Samuel Hatcher spoke with PYMNTS about his hybrid wholesale strategy that mixes in-person and online avenues to meet business buyers where they want to be met. |
| Bank-FinTech Collaboration |
| FIs Embrace FinTech Options To Bolster Business Banking There is more than one way to embrace collaboration in today's business banking environment. This week's look at the latest in Open Banking and bank-FinTech collaboration finds financial institutions exploring both partnerships and acquisitions to strengthen their offering for corporates, while third-party service providers have also strengthened their data-sharing capabilities to empower those financial service provider tie-ups. |
| | Industry Dive | | FinTech Mobilizes To Repair Construction's Biggest B2B Payment Pains B2B payment pains in the construction industry rarely impact only one business in the supply chain. A lack of access to working capital financing, as well as inflexible and manual payment methods, create cash flow bottlenecks for both contractors and their materials suppliers. LinqPal CEO Yaser Masoudnia discussed the opportunity to mobilize FinTech and introduce solutions that tackle pain on both sides of the transaction. |
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