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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

PYMNTS

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. An Alternative To Banks.

eCommerce 142
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Western Union Enables Real-Time Account-To-Account X-Border Payments For Banks, Digital Wallets

PYMNTS

Today, Western Union announces that it has expanded its real-time global payments capabilities to include real-time account-to-account transfers to an account or a mobile wallet for select banks or digital wallet providers in 17 countries. The recipient gets the money nearly instantly — and we settle with the banks overnight.”.

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Budget 2022: Key loan scheme for MSMEs fortified, limit hiked to Rs 5L cr

CFO News Room

lakh crore has been sanctioned yet, as economic recovery is dealt a fresh blow by the Omicron spread, according to banking sources. Separately, according to a report by SBI group chief economic adviser Soumya Kanti Ghosh this month, ECLGS has prevented 1.35 million MSME accounts from turning bad.

Budgeting 130
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Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments.

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The unfair terms prohibition in Article 5.52 of the new Civil Code and financial services in a B2B context: balancing fairness with legal certainty

Corporate Finance Lab

Before that, the B2B and B2C legislation had already introduced a similar prohibition, but financial services had been (partially) exempted. of the new Civil Code, the B2B and the B2C regime. The assessment of the manifest imbalance takes into account all circumstances around the entry into the agreement. Article 5.52

B2B 86
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B2B Payments Speed Up

PYMNTS

The outmoded B2B payments landscape stands in stark contrast to the business-to-consumer (B2C) and peer-to-peer (P2P) spaces where instant money and real-time payments are becoming the norm. It works both ways as traditionally B2C sellers dip their toes into lucrative B2B waters. There are psychological benefits as well.

B2B 63
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FundBox CEO: Lending As The Onramp To SMB Banking Services Innovation

PYMNTS

While that’s a groan-inducer in good times, it’s a wince-maker in today’s economic downturn. Lots of firms that jumped into the underwriting game over the past decade of economic growth are finding out these days that collecting the money isn’t a joke at all. If you’re an accountant, you’re still kind of busy.”.

Banking 99