B2B

  • Amex Targets Startups With Bank-Linked Cards

    October 18, 2019 Amex Targets Startups With Bank-Linked CardsAmerican Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg ...
  • Firms Offered More Time To Adopt New Accounting Standards

    October 18, 2019 The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., is offering corporates more time to adopt some revised standards, The Wall Street Journal said on Thursday ...
  • IBM Ties Analytics Into LevaData Procurement Spend Analysis

    October 18, 2019 Supply chain and procurement optimization solution provider LevaData is collaborating with IBM to augment its data analytics capabilities, the firms said in a Thursday (Oct. 17) press release. Together the companies ...
  • How Smart Contract Tech Moves To Lower Freight Factoring Costs

    October 18, 2019 When it comes to B2B payments’ late payment problem, the root of the matter can often be traced to a lack of negotiating power between small suppliers and large corporate ...
  • US Bank Partners With Alacriti To Roll Out Simplified eBill Service

    October 17, 2019 U.S. Bank, Alacriti, eBill Service, U.S. Bancorp, faster payments, The Clearing HouseU.S. Bank is launching its new eBill Service in collaboration with FinTech firm Alacriti to offer billers and payers simplified, faster payments, the bank said in a press release on ...
  • Tradeshift Partnership Targets Corporates’ Digital Transformations

    October 17, 2019 Tradeshift Partnership Targets Corporates' Digital TransformationsSupply chain payments company Tradeshift is teaming up with consultancy firm Abreon to support corporates’ shift to digital B2B payments as part of their broader digital transformation efforts. Tradeshift announced in ...
  • Bill.com Streamlines AR With AP In Platform Update

    October 17, 2019 Corporate payments solution provider Bill.com has announced enhancements to its offerings for middle-market companies, aimed at reducing friction in both accounts receivable (AR) and accounts payable (AP). The company’s press release, ...
  • Amex Rolls Out SMB Card With Employee Misuse Protection

    October 17, 2019 Amex Rolls Out SMB Card With Employee Misuse ProtectionAmerican Express has announced the rollout of a new small business credit card product for Canadian clients. On Wednesday (Oct. 16), American Express Canada announced the launch of the American Express ...
  • AML Compliance Isn’t Just Banks’ Burden

    October 17, 2019 Regulatory pressures and market forces are pushing the world’s financial institutions (FIs) to ramp up their anti-money laundering (AML) strategies. As this month’s PYMNTS Digital Banking Tracker noted, while the ...
  • Cross-Border Payments Pilots, Networks Take Aim At Supply Chains

    October 17, 2019 To gain speed and transparency, cross border payments need new infrastructure.  Recent news show partnerships among banks, and in some cases, consortiums of FIs.  Some efforts target blockchain, too – ...
  • Hong Kong Allows Banks To Reschedule SMB Loan Payments

    October 17, 2019 Hong KongHong Kong’s central bank has announced measures that top financial institutions of the city plan to deploy in support of local small businesses, Reuters reported Wednesday (Oct. 16). Nine top banks ...
  • What Faster Payments Means For SMBs’ Multi-Bank Relationships

    October 17, 2019 Without regulatory mandates, the Open Banking wave is crashing on the shores of the U.S. financial services (FinServ) sector. Market pressures and more sophisticated demands from customers are calling on banks ...
  • Codat Pulls SMB Accounting Into The Open Banking Fold

    October 16, 2019 Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday (Oct. 15). London-based Codat, which enables small businesses to ...
  • ScaleFactor Adds SMB Card To Expense Management Offering

    October 16, 2019 credit cardSmall business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. A press release issued Tuesday (Oct. 15) said ScaleFactor is ...
  • Citi Backs Cash Flow Management Partner Cashforce

    October 16, 2019 Citi Backs Cash Flow Management Firm CashforceCash flow forecasting FinTech Cashforce has announced a $5.5 million Series A funding round on Tuesday (Oct. 15) led by INKEF Capital and Citi Ventures, with Citi also announcing a ...
  • B2B Payments Processor APS Payments Acquired By Repay

    October 16, 2019 Mergers and AcquisitionsPayments company Repay Holdings Corp. is broadening its B2B payments footprint through the acquisition of APS Payments, according to a press release. APS will be acquired for $60 million, $30 million ...
  • Wirecard Again Facing Accounting Fraud Allegations

    October 16, 2019 Germany-based Wirecard is once again facing allegations of accounting fraud by the Financial Times (FT). The FT reported this week that its review of internal company spreadsheets and correspondence within Wirecard’s ...
  • Real-Time Data Takes On Magnitude Of Supply Chain Risks

    October 16, 2019 When Pitney Bowes, a major logistics service provider, revealed that it had fallen victim to a ransomware attack, it was only the latest case revealing the threat that cyberattacks not ...
  • Reserve Bank Of India Provides Guidelines For Payment Systems

    October 15, 2019 RBI Provides Guidelines For Payment SystemsThe Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System ...
  • Study: UK Corporates Get Risky With Vendor On-Boarding

    October 15, 2019 U.K. businesses are failing to adequately vet their new suppliers, exposing those firms to risks that are poorly understood, according to new research from Dow Jones Risk & Compliance. New analysis ...
  • AvidXchange Collab Targets Affordable Housing AP

    October 15, 2019 Accounts payable solution provider AvidXchange is expanding its collaboration with real estate software company MRI Software to broaden its supplier payment services in the market. In a press release issued Monday ...
  • Amid FinTech/FI Pacts, Governments Join Development Efforts

    October 15, 2019 FinTech FI FinTechs and FIs are increasingly looking to bring payments and financial services cross border.  Governments are looking across borders, too, to form alliances aimed at bringing FinTechs more fully into ...
  • Rho Enters SMB Banking Market With Emphasis On APIs

    October 15, 2019 online bankingA new small business banking and financial services provider is launching in the U.S. market. Rho Technologies announced Tuesday (Oct. 15) the rollout of its flagship offering Rho Business Banking, an ...
  • Australia Launches Small Business Insolvency Probe

    October 15, 2019 The Australian government will be launching an investigation into insolvency practitioners amid rising criticism and allegations that unfair practices pushed small businesses (SMBs) into collapse. Recent reports in ABC News said ...
  • Small Business Advocates Decry Exit Of SMB Commissioner Uppal

    October 15, 2019 SMB Advocates Decry Exit Of Commissioner UppalU.K. Small Business Commissioner Paul Uppal will step down from the position due to a conflict of interest, according to The Times. Reports said the government has terminated its employment of ...
  • REPORT: 22 Payments Execs Get Real About AI

    October 15, 2019 22 Payments Execs, Thinking – With Real Intelligence – About Artificial IntelligenceArtificial intelligence has not been adopted to the level at which some futurists might have envisioned — we’re not at the mercy of the robots, after all. To get a ...
  • Enterpay Raises Funds To Expand Internationally With B2B Invoicing Solution

    October 14, 2019 Finnish B2B lenderFinnish invoicing company Enterpay announced that it has closed a €1 million ($1.1 million) funding round, and has also entered into a partnership with German bank Volksbanken Raiffeisenbanken. Headquartered in Helsinki, ...
  • Uncovering Supply Chains’ Deepest Risks With Data Innovation

    October 14, 2019 Supply chain risk never sleeps, and as global expansion becomes a more viable option for growing enterprises, so does the prospect of heightened risk exposure. Global growth inevitably means working ...
  • EY Exec Calls For Retooling Old QC Rules

    October 14, 2019 Ernst & Young Exec Calls for updatesJohn King, Ernst & Young Americas’ vice chair for assurance, wants to see more consistency from the country’s audit regulator, the Public Company Accounting Oversight Board (PCAOB), and has called ...
  • Bringing Government Procurement Into The Digital Age — And Onto Online Marketplaces

    October 14, 2019 State and local governments buy from suppliers across contracts and catalogs. Like all manner of commerce, online marketplaces can speed the connection between buyers and sellers. Periscope Holdings’ SVP David Landsman ...
  • Paychex Wades Into Wearables, Real-Time Payments

    October 14, 2019 Paychex Wades Into Wearables, Real-Time PaymentsPayroll and human resource management solution provider Paychex has unveiled a range of new solutions and services at the 2019 HR Technology Conference & Exposition event late last month. In a ...
  • Turning Every Supply Chain Into A Custom B2B Marketplace

    October 14, 2019 Custom APIs for eCommerce B2B marketplacesThe emergence of online shopping and eCommerce inevitably seeped into the B2B world, leading to rising demand for corporates to make purchases online the same way they do as consumers. For ...
  • FTC’s Bureau of Competition Director To Leave Agency

    October 11, 2019 FTC’s Bureau of Competition Director To LeaveAfter serving in the position for over two years, FTC Bureau of Competition Director Bruce Hoffman will be leaving the agency in November. FTC Chairman Joe Simons announced his intention ...
  • SAP Headed For Leadership Shakeup As CEO Exits

    October 11, 2019 SAPBill McDermott, the chief executive officer of SAP, is stepping down. SAP announced his resignation in a blog post late last week, noting that McDermott has chosen not to renew his ...
  • C2FO Strikes AR Financing Acquisition In India

    October 11, 2019 C2FO Strikes AR Financing Acquisition In IndiaAlternative small business lender C2FO has announced an acquisition aimed at strengthening the company’s position in the early payment discount and trade finance space. Reports in the Economic Times of India ...
  • Small Business InsurTech Finds The Next Unicorn

    October 11, 2019 venture capital funding startupsAfter one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Still, investors placed more ...
  • Salesforce Rolls Out Order Management Function

    October 11, 2019 SalesforceSalesforce is rounding out its offering for online sellers with the addition of Lightning Order Management, reports in Retail TouchPoints said this week. The publication reported Thursday (Oct. 10) that Salesforce’s ...
  • Metro Bank Deploys FinTech Collabs Amid Leadership Shakeup

    October 11, 2019 Metro Bank Announces FinTech CollaborationsU.K. challenger bank Metro Bank has announced partnerships with three different FinTechs to strengthen its small and medium-sized business offerings. In an announcement on Metro Bank’s website, the bank said it ...
  • Starling Links SMBs To Protection Against Unpaid Invoices

    October 11, 2019 U.K. challenger bank Starling Bank is introducing a new solution designed to help its small business clients mitigate against the risk of invoice non-payment. In a blog post Thursday (Oct. 10), ...
  • For Commercial Cards, Mixing Rails A Promising Path To Adoption

    October 11, 2019 Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange fees and the associated costs ...
To Top