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A Wakeup Call For SME-Serving Banks

PYMNTS

Listen up, lenders: Research on small businesses’ banking habits can offer valuable insight into the SME customer base. The microfinance provider surveyed 104 businesses in California and found sky-high interest rates for small businesses turning to alternative marketplace lenders for financing.

Banking 41
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Robotics Process Automation Rakes In The VC Cash

PYMNTS

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week.

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What Corporate Managers Get Right (And Wrong)

PYMNTS

88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis. TD Bank Head of Corporate Products and Services Rick Burke said corporate treasurers need to begin a dialogue with their banks and financial services partners to integrate adequate security controls within their corporations.

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Is B2B FinTech Heating Up At The Wrong Time?

PYMNTS

A breakdown of venture capital investment by verticals found that, together, data and analytics, wealth management, capital markets and payments made up 25 percent of all deals in the U.K. Still, however, the deals that are being struck are increasingly for companies that cross over between consumer and corporate payments.

B2B 40
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Baby Steps In Digital B2B Payments

PYMNTS

Offerings from FIs, like mobile banking and electronic payment support, can help encourage businesses to make the shift to ePayments, the executive said, but legacy payment technologies also need to be addressed. Bank, for instance, has just rolled out the small business version of its mobile app to facilitate mobile deposit of checks.

B2B 41
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Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.

B2B 125
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Why Banks Join FinTechs To Look At More Angles Of Accounts Receivable

PYMNTS

The rivalry between banks and FinTechs seems to be morphing into a B2B ecosystem of collaboration , but the latest joint initiative between KeyBank and Billtrust goes a step further: In addition to launching a partnership, KeyBank has also revealed news that it made a strategic investment in the accounts receivable FinTech.