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New Main Street Business Plans Restart Optimism In Post-COVID Picture

PYMNTS

Optimism around new business is materializing on Main Street, among other places, with small and medium-sized businesses (SMBs) reopening. Twenty-five percent of Main Street SMBs now say they are operating with capacity restrictions, whereas 38.6 percent of SMBs now say they are closed because of the pandemic, compared to 33.9

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FinTechs Help Main Street Find Its Footing

PYMNTS

With 90 percent of SMBs reporting that they have been negatively impacted by the coronavirus, according to PYMNTS research, it’s clear that Main Street cannot afford to sit idle. Even the B2B arena is facing pressure to switch gears and collaborate with FinTechs.

Maine 60
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Real-Time Data Closes Buyer/Seller B2B Payments Gap

PYMNTS

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116
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Bolstering The B2B Buyer's Online Experience

PYMNTS

When B2B commerce requires sales representatives, phone calls and fax machines, both purchasing and sales workflows can quickly get bogged down. There is an inherent value in building B2B eCommerce platforms from the ground up. That will be the main feature, to cut down the costs and timeline of go-to-market," he said.

B2B 87
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WEX Reorganizes With New Team For B2B Payments

PYMNTS

Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX. The new team’s focus will be on the $27 trillion domestic B2B payments market. WEX closed a deal in January to acquire B2B travel payments startup eNett and B2B optimization company Optal.

B2B 95
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Netspend CEO On Making The B2B Pivot

PYMNTS

Changing course isn’t an easy thing for businesses to do, particularly when it's a big change like shifting focus from providing services direct to consumer (D2C) to taking on a B2B model. As Netspend continues to build out its B2B business, the company is seeing similar partnership opportunities springing up across multiple verticals.

B2B 112
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Resolve Shakes Up B2B POS Payments

PYMNTS

The idea started in the B2C world, but it wasn’t long before online sellers were asking about its use for B2B — at least, according to Chris Tsai, co-founder and CEO of Resolve , in a new PYMNTS interview. B2B Version. B2B, in some respects, is the stubborn mule of the digital economy. trillion by 2020.

B2B 91