Industry Dive news and trends

Why Legislation Isn’t Enough To Solve Construction’s B2B Payments Problem
B2B Payments // January 27, 2017

The U.K. has become center stage for the late B2B payments fight as regulators introduce measures that aim to reduce the time it takes corporate buyers to pay their suppliers. Those efforts have raised further debate about the efficacy of the initiatives, with conversations that...

The UK Construction Sector’s B2B Payment Practices Crumble
B2B Payments // December 01, 2016

Late payments are considered an epidemic by some in the U.K. as small businesses struggle to keep their financial heads above water. Just this week, researchers at Amicus Commercial Finance found that SMEs in the U.K. write off $62 billion in unpaid invoice debt as...

How Digitization Turned Media’s Cash Flow Upside Down
B2B Payments // November 15, 2016

Understanding the industry of a business borrower is a critical component of analyzing risk and needs for a lender. But in some niche markets, particular cash flow characteristics may be best serviced by an expert. FastPay is an alternative lender zeroed in on one such...

Restaurants Gain An Appetite For Cash Flow Tech
B2B Payments // November 01, 2016

The restaurant industry is, in many ways, stuck in its own habits. Convincing a restaurant owner to implement technology to automate expense management, bill pay and invoices after years of manual accounting can be a tall order. But this is an industry also challenged by razor-thin...