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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Venture capital (VC) is not […]

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Small Firms Face The Downside Of Economic Growth

Corporate finance professionals are split on the future of the U.S. economy. The Deloitte CFO Signals Survey was released earlier this month, and researchers found nearly all chief financial officers at large U.S. corporations expect the U.S. economy to slow down in 2020, although they continue to view the current state of the economy as […]

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How Auto Collision Repair Shops Can Avoid A Cash Flow Wreck

Cash flow management remains a major headache for small companies of all kinds, preventing many firms from making payroll, paying bills or even staying in business. Getting a handle on cash flowing in through accounts receivable (AR), and money flowing out through payroll and accounts payable (AP), is no easy task for resource-strapped SMBs – […]

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Payments Firm WEX Closes $1.7B Deal For eNett, Optal

FinTech payments firm WEX is closing a deal to acquire business-to-business (B2B) travel payments startup eNett and B2B optimization company Optal, WEX announced on Friday (Jan. 24). The $1.7 billion agreement includes about $1.275 billion in cash and roughly 2 million shares of WEX common stock paid to the sellers.  WEX is purchasing the Australian […]

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Disbursements In The Time Of Instant Money

Instant money is reinventing the world of payments, except where paper checks inexplicably hang on as coin of the realm. Healthcare reimbursements are a prime example of an important business function stuck in a paper past. Dine-in restaurants are another sector that has merely snacked on digitization, while workers and customers crave a full menu […]

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How DocuSign Keeps Phishers From Hooking Their Data

A successful phishing attack is among many businesses’ worst fears. Fraudsters who gain access to employees’ login details can cause untold amounts of damage, including emptying corporate bank accounts and exposing terabytes of customers’ personal information to the entire internet. Compounding this fear is the ease with which fraudsters can conduct these attacks. Sending out […]

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Mobile Banking’s Authentication Breakthrough

Anti-fraud efforts can seem like word salad with exotic ingredients being tossed around: strong consumer authentication (SCA), two-factor authentication (2FA), the second Payment Services Directive (PSD2) … you get the idea. Ask consumers what they want, however, and the acronyms vanish like a metaphor for things that vanish. Turns out consumers mostly want one thing […]

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Deep Dive: Why State And Local Agencies In The US Still Struggle With Instant Payments

Fifty-nine percent of U.S. adults still live paycheck to paycheck, and the realities of the situation are stark: These consumers often do not have funds to spare to cover emergency expenses, and are dependent on receiving timely and convenient disbursements. State and local government disbursements are no exception to these expectations, since many consider them […]

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Worldpay On Staying One Step Ahead of eCommerce Fraud

Global eCommerce is growing so fast that some cities are struggling to handle the package delivery trucks flooding their streets. Digital shopping is a sizable opportunity for businesses, however, and consumers were estimated to have spent nearly $3.5 trillion online in 2019 — an approximately 18 percent year-over-year increase in worldwide sales.  Entrepreneurs are not […]