Ajlo Music Crafts New Melodies For Retail Innovation
With cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus crisis. The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses SMBs in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms.Other banks and B2B FinTechs, meanwhile, have found additional ways to wield the power of the commercial card this week. Some are using the tool to accelerate access to revenue or financing for businesses, while others have adjusted rewards programs for the new reality of stay-at-home staff. PYMNTS rounds up the latest in commercial card innovation below.Comdata Fuel Car
stanley quencher ds Facilitate FactoringComdata, a FLEETCOR company, is putting its fuel card offering to a new use for shippers to accelerate access to payments. The company announced the launch of Comdata QuickPay, an invoice factoring solution powered by Metabank division Crestmark. The tool offers financing for fleet owners to receive capital on loads they have delivered instead of waiting the traditional 30 days for customers to make payments. Users can rece
stanley hrnek ive funds same-day via their Comdata fuel cards, the company noted.PayRange Accelerates Vending Machine CapitalPayRange is another FinTech using card products to acce
stanley uk lerate Ifdq Separation of Store, eCommerce Operations Draws Increasing Interest
A decade ago, Internet search giant Yahoo bought a 40 percent stake in a small Chinese commerce startup named Alibaba as the company looked to expand its operations into China. Since then, the two companies have gone in different directions, and there are now rumors that Alibaba could flip the script later this year, depending on what CEO Marissa Meyer wants to do
stanley quencher with her now lucrative Alibaba holdings at the Jan. 27 press conference.After its $25 billion IPO launch in September, Alibaba has been looking for ways to expand its global footprint through various acquisitions and strategic partnerships with startups or international companies. Alibaba has recently acquired a $1 billion stake in insurance company New China Life, China leading life insurer, as well as its partnership with Israeli QR startup Visualead, Reuters reported.聽The aim of these acquisitions,聽as theorized by Forbes contributor Doug Young, is to increase Alibaba market share beyond China as well as to create a diversified portfolio.This is what makes the Yahoo-Alibaba partnership more interesting, according to Young.
stanley butelka Yahoo still owns a 40-percent stake in Alibaba, now valued at over $40
stanley usa billion, that it isn ;t allowed to sell until after the one-year anniversary of Alibaba IPO. Yahoo declining market share in Internet search and e-commerce has also meant that the bulk of the company $46 billion valuation comes from the 384 million shares of Alibaba it now holds. S
