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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Reports in the Financial Times earlier this week revealed that investors are advising startups to hold on to cash and gather reserves to remain stable amid any market uncertainties. With on-demand services like Airbnb landing a greater share of the business travel market, other players looking to compete are coming in fast.

Fintech 188
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For the Fed, it's Time to Flip the Script

SWBC's LenderHub

As our leaders in Washington DC bicker over a fiscal response to COVID-19, mostly coming up with ideas that look to win votes (payroll tax holidays, guaranteed sick leave for everyone, tax credits for affected companies) as opposed to actually saving the economy from a credit induced depression, it looks like it is on the Fed again to do the job.

DC 78
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FreshBooks Lands Fresh Funding As SME Accounting Complexities Mount

PYMNTS

In the North American market, he continued, adoption is especially lagging. “A But we still believe it’s early in the market, for North America at least. But in a market like the U.S., Frankly, the American market, if you look at a category like payroll, is by far the most complex market in the world.”.

Software 109
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. But these business owners need capital to expand.

Capital 130
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SEC Reignites Supply Chain Finance Debate

PYMNTS

Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec. 10) during the American Institute of CPA’s (AICPA) annual conference, held in Washington D.C. And if there’s a downturn in your market and you face a setback, you’re more likely to fail.”.

Tools 145
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Facebook Q2 Earnings Preview: Ad Sales, Libra To Affect Growth

PYMNTS

(For those who missed it, PYMNTS published a recap of Libra’s week in Washington.). Libra is running into reticence internationally as monetary organizations all over the world are raising concerns of regulatory obstacles and tax challenges. Facebook will release its second-quarter earnings report at 5 p.m.

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

Smith pointed to it as an example of how state and local governments can leverage their positions to fix “new and legacy issues exposed by the crisis related to the supply chain, access to capital for people of color and women and social program eligibility requirements.”. There is no shortage of other larger scale ideas.

Maine 142