As we look at some of the data impacting business finance into the new year, the numbers are mixed. New statistics highlight the rising popularity of alternative small business lending; others uncover just how prominent cybercrimes are in B2B deals. From 1.5 billion to 2.9,...
Technology can do much to streamline backend processes at banks large and small. Here’s how nCino CEO Pierre Naudé sees the cloud bridging the gaps in SMB finance.
In 2015, the world of B2B payments ramped up its ability to knock its reputation for being slow to innovate and unable to grasp the market’s attention. From commercial card mobility, to T&E technology, to small business lending development, B2B payments endured growing pains and...
Procure-to-pay service provider Ariba has just named what it sees as its fastest-growing market: Asia. The company, which launched its B2B payments service AribaPay several years ago in collaboration with Discover, pointed to this market in recent reports published by CFO Innovation. The Wednesday (Dec. 30)...
Recent figures on U.S. growth domestic product are reportedly leaving out part of the picture of the nation’s economic health by not including B2B data, some analysts say. Reports published Wednesday (Dec. 30) said the latest GDP stats for Q3 2015 emphasized consumer spending but...
China’s central bank has reportedly cut off its foreign exchange business from three foreign banks, according to unnamed sources, reports said Wednesday (Dec. 30). The sources said three foreign banks are barred from China’s foreign exchange service until the end of March. Those services include...
B2B venture capital activity this year was anything but consistent. Some weeks saw hundred-million dollar investment rounds; others, a modest few millions of dollars funneled into just a couple of startups. But venture capitalists showed their range of interests this year, too, and 2015 B2B...
At the heart of much of the push toward faster payments is ISO 20022 — the new messaging standard for financial institutions that standardizes the payments messaging scheme for payments, cards, foreign exchange and other transactions. ISO 20022 has been vital to Europe’s Single Euro Payments...
Small business financial service providers are beginning to realize the value in linking their business customers to lending services. PayPal launched its Working Capital unit in 2013, for example, while QuickBooks took to partnering with other lenders to fill in its small business financing gaps....
