In the Press
By Brandon Spear
By Brandon Spear
By Leslie Collins – Staff Writer, Kansas City Business Journal | Jan 31, 2019
MSTS' new credit-as-a-service offering for small and midsize businesses is resonating in the market and helped the Overland Park company reach a new industry.
Buoyed by reports of record 2018 holiday spending, analysts predict more retail growth in 2019, particularly in the evolving small and midsize business (SMB) sector. Advanced technologies have introduced SMBs to a big-brand experience and new set of challenges.
When it’s time to pay up, commercial buyers may be in for a pleasant surprise when purchasing online. The launch of Amazon’s Pay By Invoice feature last year opened the door for more flexible B2B payment schedules.
The expectations of B2B buyers are evolving. Today, buyers are looking for the same ease and convenience Amazon delivers for B2C transactions. Satisfying such demand, however, isn’t as simple as developing an online presence.
Don’t think of them as mere podcasts — though PYMNTS certainly does a lot of podcasts, discussing with payments and commerce experts the hottest topics of the day, with each conversation not only digging into the past and present but having an outlook toward the future.
The Business Roundtable’s CEO Economic Outlook is at its highest level in history, and small business owners have reported their highest optimism in 35 years. But that doesn’t mean CEOs aren’t worried about potential concerns that could harm this boom period.
What will kill the good times? Here are 10 top CEOs concerns, loosely ranked from most severe or likely, to least so: Trade War Political Upheaval Presidential Self-Sabotage Runaway Rates and Inflation Black Swan Visitation Productivity Funk Overconcentration of Growth Budget Deficits Lack of Immigration Reform Drug Haze
MSTS President, Brandon Spear is wary as well. “If the cost of money goes up, that will slow things,” says the CEO of an Overland Park, Kansas-based financial technology provider. “It will slow down the customers we work with and impact the cost of working capital. I worry about that.”
Read the full article by Dale Buss on www.chiefexecutive.net