Pranav Sood, VP Small Business at GoCardless, discusses the challenges faced by SMEs in collecting payments, including discomfort and revenue loss. He explores how automation and payment intelligence tools can reduce failed payments and shares success stories of small businesses benefitting from the system. The podcast also delves into the accelerated adoption of payment automation due to the pandemic, emphasizing the value of software and cloud-based tools for SMEs.

Former J.P. Morgan fintech lead launches TodayPay, Airwallex expands into LATAM, Marqeta launches a credit card platform, CFPB issues open-banking proposal, FCA lifts ban on banker's bonuses, Central Bank of UAE launches payments platform, and a WhatsApp scammer goes viral.