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SMB Card FinTech Bucks Coronavirus Uncertainty With Funding

PYMNTS

companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. Venture Partners, while existing backer Chicago Ventures and newcomer Soma Capital also participated, according to a press release. Even so, an impressive $114 million was raised by U.S. Arkose Labs.

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Top News In Payments: Brex Unveils Management Account; Saga Teams With Marcus For Savings Accounts

PYMNTS

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. The app is in testing in Chicago and will show available shifts that companies are aiming to use temporary workers to fill.

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Gonzo Goes to BAI Retail Delivery 2014: Sweet Home Chicago?

Gonzobanker

On a Fintech CEO panel dealing largely with vision, we liked Argo CEO Max Martin’s understated practicalities about eliminating paper in process and partnering with local universities for talent, a couple consistent themes we have also heard in recent GonzoBanker roundtables.

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The Cash Flow Impact Of Connecting AR With AP

PYMNTS

This week’s look at the convergence of AR and AP finds new solutions from banks and FinTechs alike finding opportunity to strengthen the buyer-supplier relationship through tools that tackle friction on both ends of the B2B transaction. Signature Bank Streamlines Supplier Onboarding.

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Avant Brings SaaS Lending Tech To Banks

PYMNTS

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers.

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Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. Alternative lenders are learning more about fraud to their dismay and access to capital.

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Startups Protecting The Enterprise On All Fronts

PYMNTS

B2B FinTech startups struck out this week, but that doesn’t mean venture capitalists ignored the B2B startup space altogether. While there are solutions to help businesses identify or avoid employee fraud, one startup, Behavox , is providing employee management solutions to ensure financial services companies remain compliant.