If we are involved in receiving payable files, then we can certainly add early pay finance. While there is growing interest on the part of B2B payment providers to develop early pay capabilities, the credit and banking world has changed substantially in the surreal reality of the coronavirus crisis. The low-risk reputation of “purchasing” invoices or receivables has changed dramatically with coming credit downgrades, deterioration in balance sheets and income statements, seller and buyer bankruptcies, and many other aspects.
It’s Not About the Technology
I recently read the The Six Things That Will Change the Future of Payments. Almost all of these changes centered on Technologies or Regulation- Cloud […]