PYMNTS

JANUARY 25, 2019

The company said the focus on smaller firms and eCommerce comes as its own internal data has shown that as much as 24 percent of monthly revenues by small- to mid-sized businesses (SMBs) are tied up in accounts receivable or trade credit, which stymies cash flow. Fundbox noted that the opportunity within eCommerce is sizable.

B2B 63

B2B B2C Credit Risk eCommerce 63

PYMNTS

DECEMBER 28, 2020

As B2B eCommerce gains traction, the opportunity for consumer-like payment models will continue to grow, too. Today, the implementation of trade credit is the closest mechanism the B2B payments landscape has to a BNPL model.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

JUNE 27, 2016

Apruve provides financial management solutions for small businesses that operate in the B2B eCommerce space. According to reports, it enables companies to accept online orders from business customers and provides instant credit for their sales. ” Apruve integrates into eCommerce platforms like Shopify, Magento and BigCommerce.

B2B 41

B2B Invoicing Credit Risk eCommerce 41

PYMNTS

MAY 4, 2018

sellers on the B2B eCommerce platform, advising them of the launch of Pay by Invoice. Instead, they are sent an invoice, with sellers receiving a credited balance to their Selling on Amazon account as soon as a buyer’s payment is processed. The blog posted excerpts from an email reportedly sent by Amazon Business to U.S.

Invoicing 49

Invoicing B2B Credit Risk eCommerce 49

PYMNTS

FEBRUARY 3, 2020

The eCommerce giant had in excess of $863 million in outstanding small business loans at the end of 2019. Consumer loans are also processed through Goldman’s retail banking arm, Marcus. Amazon has already dipped its toes into small-business lending and found ways to cut into banks’ revenues while also competing against prepaid card issuers.

Credit Risk 52

Credit Risk Leverage Banking eCommerce 52

PYMNTS

AUGUST 14, 2018

The eCommerce giant announced Pay by Invoice back in May. With the new service, companies get a credit for selling their merchandise on Amazon accounts – but buyers don’t have to actually make a payment when they hit the Buy button. “The Payment can be made via wire, EFT, ACH or check. percent of the total invoiced amount.

Invoicing 40

Invoicing Credit Risk eCommerce Accounting 40

PYMNTS

NOVEMBER 15, 2017

According to the press release, the partnership will enable eCommerce companies to improve conversion rates by offering customers a fast, easy checkout. The new credit-based payments feature will target PPRO’s PSP customers, giving them access to Klarna’s customer base of 70,000 merchants.

Credit Risk 40

Credit Risk Invoicing eCommerce Retail 40

PYMNTS

SEPTEMBER 7, 2017

trillion wave of B2B eCommerce that is currently unfolding,” said TTV managing director Tom Smith in a statement last year. Their solution takes on outdated accounts receivable processes, automates it, then underwrites the credit risk for the seller.”.

B2B 41

B2B Credit Risk eCommerce Finance 41

PYMNTS

MAY 2, 2018

China eCommerce giant Alibaba moved Down Under for its latest blockchain test. If successful, the pilot could provide the framework for a global supply chain management solution for Alibaba’s eCommerce markets, the publication said. PayPie’s offering includes a credit risk assessment with proprietary credit score, the firm added.

Credit Risk 48

Credit Risk Finance B2B eCommerce 48

PYMNTS

FEBRUARY 7, 2020

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

eCommerce 52

eCommerce Benchmarking Restructuring Credit Risk 52

PYMNTS

FEBRUARY 15, 2018

CNBC reported that the partnership – revealed by sources who did not want to be named – will allow the eCommerce giant to reduce its risk and provide credit to more merchants. In its 2016 annual report, Amazon noted it received a $500 million revolving credit facility from a “lender.”

Credit Risk 41

Credit Risk eCommerce Banking Marketing 41

PYMNTS

NOVEMBER 20, 2017

As Reuters noted, AiBank will provide online lending to consumers and small businesses, while using big data and artificial intelligence to vet credit risk and create new assessment models. Baidu has also been making new alliances in search; in August, it reached a deal with Chinese eCommerce company JD.com.

Banking 40

Banking Credit Risk Finance eCommerce 40

PYMNTS

MARCH 5, 2019

As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. Those smaller B2B operators “are not in the best position to be accepting and taking credit risks,” Sebastian Rymarz, chief business officer for Fundbox , told Karen Webster in a recent interview with PYMNTS.

B2C 63

B2C B2B Concentration Credit Risk 63

PYMNTS

MAY 5, 2017

With the funds, IceKredit will focus on providing third-party risk management solutions, enabling traditional financial institutions to remain compliant with shifting credit risk control rules and providing lenders with loan management solutions. W2 Global Data.

B2B 54

B2B Planning Startups Credit Risk 54

PYMNTS

APRIL 16, 2019

We have patterns across B2B customers, so if a consumer is looking like a high credit risk, we can accelerate the collections efforts across many of our customers. People think of eCommerce as shifting some spend from offline to online.

B2B 46

B2B Credit Risk Invoicing Accounting 46

PYMNTS

FEBRUARY 5, 2018

South of the border this past week, it was reported that in Mexico, that country’s antitrust agency is investigating the nation’s eCommerce market, amid concerns of monopolistic strategies that hurt smaller firms. JPMorgan explicitly called out credit risk. We looked north of the border. Closer to Home.

Credit Risk 41

Credit Risk Banking Financial Systems Finance 41

PYMNTS

OCTOBER 31, 2016

Without a complete picture of millennials’ credit, many financial services companies are turning away good consumers, and the bad news for financial institutions is that only 10 percent of millennials will re-apply to the same lender once they have been declined.”. That growth is at the hands of Amazon’s $99/year ($10.99/month)

Profit and Loss 43

Profit and Loss Construction Credit Risk Sales 43

PYMNTS

AUGUST 10, 2018

We rolled it out to 100 very loyal customers who we know have very good credit risk,” Antonioli said. The company is testing a new offering called “Grover Mix,” which enables customers to pay a fixed monthly price of about $115 for three products and the right to switch out those items at any time. “We

Retail 44

Retail Startups Credit Risk Education 44

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. million in the B2B eCommerce startup, MENAbytes reports said. Both Greensill and SoftBank declined to comment.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JULY 17, 2017

based payments firm Stripe made a big jump on Chinese eCommerce this week with an announced partnership with Alipay and WeChat Pay. Credit risk is relatively stable overall,” said Noreika. And sometimes it looks a bit worrisome — particularly if one happens to be the Comptroller of Currency. Stripes Raises Its Global Game.

Currencies 40

Currencies Credit Risk Banking Communication 40