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Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

More and more companies are starting to leverage payments technology with [virtual cards] because of the value to all players in the ecosystem,” Fenton said. Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending.

B2B 79
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Transcript: David Snyderman, Magnetar Capital

Barry Ritholtz

It’s like you said, I started at Pricewaterhouse and I went through a one year rotation there, so it started with audit. But in our experience, we’re seeing them efficiently transfer the credit risk of assets, but keeping the customer relationship, it’s a very important distinction.

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Transcript: Sean Dobson, Amherst Holdings

Barry Ritholtz

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.