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When office spaces closed and staff began working from home in response to the COVID-19 pandemic, employees still needed to send and receive payments on behalf of their companies. As a result, companies had to support daily expenditures for their remote workforces as well as reduce the costs of accounts payable AP and accounts receivable AR processes.Those needs will continue. Forty percent of businesses plan stanley cup to let their employees work remotely in the future, PYMNTS reports.Read more: Enabling B2B Payments For The Virtual WorkforceTo support the payment operations required by a virtual workforce, businesses have been making changes to their digital infrastructures. Seventy-six percent of small and medium-sized businesses SMBs report that the pandemic has prompted them to enhance their digital capabilities.Firms with remote employees have had to improvise to keep their payment operations running smoothly. This has often entailed replacing paper-based payments with cloud-enabled AP and AR solutions that stanley cup usa employee stanley kubek s can access from their desktop computers, laptops, tablets and mobile devices to process expenses online. In fact, 82 percent of SMBs say they are changing how they send or receive payments to or from other businesses.Historically, B2B businesses have been slower to adopt digital innovations than the consumer sector. While consumers have been using digital payments technologies such as digital wallets, cards on file and mobile banking apps to make purchases for y Rzyf Smaller Firms Targeted For Big Hauls By Payments Fraudsters

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 stanley france million users.According to Bloomberg, one source claims that the California-based firm is engaging in conversations with the Office of the Comptroller of the Currency, which charters and regulates all national banks and federal savings assoc stanley kubek iations. The talks are stanley us not final and no deal has been made.聽Jack Randall, a spokesman for Robinhood, declined to comment.Launched in 2014, Robinhood聽is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks including Chase, Citi and Band of America and check the prices of their stocks.聽The app was specifically targeted at millennials 鈥?roughly 80 percent of the Robinhood apps beta testers were under 30 years old, with an average age of 26.The company is not allowed to operate like a bank under current rules, but would like to offer banking-like products such as savings accounts through different licenses or partnerships.If Robinhood were to start offering more traditional banking services, it would follow in the footsteps of FinTech startups like Social Finance and Stash Financial, which have launched similar products in recent months.The regulations around offering banking services have led most startups to launch products through partnerships or mergers with existing institutions 鈥?obtaining a banking license can take several months or even years to finalize.Robinhood