FairFX talks x-border payments innovation, CA senator’s marijuana business banking bill, and the UK finds businesses unprepared for GDPR.
| | | | BUSINESS TO BUSINESS EDITION | | Cross-Border Payments, Sans Friction Money changing hands internationally is a process that carries with it all sorts of speed bumps, especially amid regulatory scrutiny. Payments can be made smoother and easier with the aid of APIs, as Cambridge Global Payments Chief Commercial Officer Amil Sawrup explains in the latest PYMNTS Topic TBD. |
| SBA Turns Attention To Credit Unions To Revive Small Biz Lending Despite an economic rebound and soaring small business optimism, SMB lending in the U.S. canât seem to return to pre-crisis levels. Thatâs according to new analysis from the Small Business Administration, which outlines a few suggestions on how to jumpstart traditional FIsâ small business lending activity. One key way, the SBA noted, could be to focus attention on credit unions. Take a look at the data behind that proposal. |
| | X-Border | | Why X-Border Payments Aren't Waiting For Blockchain To Innovate Blockchain is the much-hyped technology that cross-border payments players expect to have a massive disruption. While that shakeup may not be too far off, there are already technologies making significant, albeit quieter, impacts on global payments, especially for small businesses. FairFX CEO Ian Strafford-Taylor tells PYMNTS how Open Banking and even commercial card developments have addressed key pain points in global B2B payments, even while the market braces for blockchain to make its mark. |
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