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DENVER and LONDON, May 5, 2021 /PRNewswire/ BillingPlatform, the leading global cloud-based monetization and billing solution provider, and
GoCardless, a global leader in bank-to-bank payments, today announced a partnership that combines innovative
Payment Gateway Framework technology and enhanced ACH debit capabilities – helping to streamline the quote-to-cash processes for businesses so they can get paid more quickly and easily. By combining the most flexible billing solution on the market with a low-cost payment method that increases cash flow and decreases churn, BillingPlatform and GoCardless offer a solution which enables recurring revenue businesses to turn their billing and payment strategy into a competitive advantage.
Click HERE to find out ⭐ Billing Solutions Provider BillingPlatform Teams Up With GoCardless to Enhance Quote-To-Cash Processes & Maximize Cash Flows. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Black Americans Report Changing Financial Habits Due to COVID-19
The racial wealth gap underscores a need for financial education and access to advice something retirement plan sponsors can provide.
Reported by
Black Americans have been disproportionately impacted by COVID-19 and that’s also affected their spending and savings habits.
While the coronavirus pandemic produced financial challenges for many American workers, Black consumers were impacted at more severe rates, a new study from Lincoln Financial Group has found. According to the company’s October 2020 Consumer Sentiment Tracker, which was released this week, Black consumers (32%) were most likely to have experienced job loss due to the pandemic and, thus, lack appropriate emergency savings (42%) and funds to cover everyday expenses (41%).
Pandemic accelerates moves to the cloud
The COVID-19 pandemic has been a major influence on spending and digital transformation plans in 2020 with many businesses speeding up plans to move to the cloud.
A new study from BillingPlatform of 300 CFOs and senior finance executives shows that this trend is likely to continue into 2021. Respondents named their three top priorities as investing in cloud-based technologies (42 percent), identifying ways to drive higher revenue through new products and services (41 percent) and reducing operating costs or capital investments (36 percent).
There s a general optimism, with 83 percent of respondents believing it s likely there will be an economic upturn in 2021, with 47 percent thinking it s very likely.