Today in B2B payments, NBH Bank Holdings discusses investing in small businesses, and TCH explores real-time payments for B2B. Plus, Finastra secures a SWIFT label for trade finance, QuickFee integrates with Xero and Coupa launches an app marketplace.
Community banks are known for their personalized approach to customer service. By mixing the “human touch” with FinTech collaboration, Valerie Kramer, executive vice president and chief digital officer at NBH Bank Holdings, says regional financial institutions can bring technology innovation to small businesses without compromising user experience.
It’s not just about gig workers. Steve Ledford, senior vice president of products and strategy at TCH, tells Karen Webster that real-time payments will transform B2B, especially for smaller firms.
U.K. FinTech startup Finastra is among the first tech firms to land the SWIFT Compatible Application label 2021 for trade finance, according to a press release on Monday (Aug. 16). “We are delighted to have secured this SWIFT Compatible Application label as it demonstrates Fusion Trade Innovation’s strong capabilities to align with the extensive and complex SWIFT standards.” said Anastasia McAlpine, head of product for trade and supply chain finance at Finastra.
QuickFee, which provides payments for professional and commercial service providers, announced a new integration Monday (Aug. 16) with the cloud-based accounting software company Xero. The two companies say the move will make it easier for accountants to accept online payments — including credit cards, ACH/EFT and payment plans — from one place, helping solve accounting industry workflow challenges.
Business spend management (BSM) firm Coupa has launched a new app marketplace to give customers an easier way to use its platform. The company said in a news release Monday (Aug. 16) that the Coupa App Marketplace will let customers “tap into a trusted global community” of BSM partners and spend smarter.