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Market Volatility Gives B2C Sellers’ The Chance To Go B2B

PYMNTS

B2C Sellers’ B2B Incentive. Ad-hoc procurement can be a powerful incentive to nudge traditionally B2C sellers into the B2B ecosystem, which presents the opportunity for large retailers to expand their revenue stream, Spear explained. “Now, more than ever, just relying on historic financial data is not helpful.

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Optimizing B2B Payments Decisions Via B2C Payments Data

PYMNTS

The companies that have disrupted small businesses’ front office by developing technology at the point of sale have more opportunities than with just B2C transacting. Data at the point of sale has allowed Square Capital to take off, mitigating loan risk by incorporating transaction information in its assessment of borrowers.

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Can Real-Time Data Render Credit Scores Obsolete?

PYMNTS

As a result, firms that are lagging behind in faster payments investments could miss out on the full opportunities available in the global business-to-consumer (B2C) solutions market. Several global financial institutions (FIs) appear to understand the opportunities and missed opportunities that faster payments can provide.

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Payment Service That Takes Business Personally

PYMNTS

Meanwhile, in a B2C transaction, “the consumer can simply pull up their credit card to pay for goods and services.”. If there is a geographic base that’s doing its part to get B2B payments up to speed with B2C, it’s the U.S.,

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More Payment Platforms Mean More Headaches For B2B Sellers

PYMNTS

ACH, wire, virtual and physical cards, and other rails all come into the mix, particularly as each vie for a chance to take B2B payment market share away from paper. The strengthening B2B eCommerce market is, in part, a reflection of the internationalization of B2B trade: Selling online means broader access to customers across borders.

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How FinTech Tackles Financial Inclusion For India’s SMBs

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With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Alternative Financial Data. Small- to medium-sized businesses (SMBs) are now a critical component of the government’s push for economic growth. ”

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Robotics Aims To Empower Accountants When ‘Automation’ Falls Short

PYMNTS

Corporates are being forced to rethink their approach to accounting as new technologies disrupt the way firms transact and manage financial data. Whether it’s a B2B or B2C service or product, these various models don’t necessarily present a clear sales strategy. That changes accounting,” Ty explained.