December 9, 2019Real estate accounts payable (AP) solution provider Nexus is expanding its partnership with MRI Software to integrate supplier payment functionality within MRI’s real estate solutions.
In a press release issued Monday ...
December 9, 2019London’s digital bank startup Starling Bank has loaned just 1 percent of the amount it pledged to small and medium-sized businesses (SMB), BM Magazine reported on Monday (Dec. 9).
Founded ...
December 9, 2019International Investment Group (IIG), which provides loans to small and medium-sized businesses (SMBs), lost its license after the U.S. Securities and Exchange Commission (SEC) revoked it for “a string of ...
December 9, 2019Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. 9), ...
December 9, 2019In the fight against late B2B payments, the U.K. is perhaps the most vocal – both about its progress and its struggles.
Most recently, Paul Uppal, the U.K.’s former small business ...
December 9, 2019Credit unions are underdogs in a financial services space still dominated by major traditional banks, particularly when it comes to small business (SMB) lending and payments. However, credit unions have ...
December 9, 2019Although the health, beauty and wellness services industries tend to get lumped together, a closer look at the demands across these segments reveals there is no such thing as a ...
December 8, 2019UK-based business lender B-North is looking to raise £1,750,000 ($2.3 million) through an equity crowdfunding campaign on Crowdcube, offering 10.94 percent in equity at a £14,247,942 ($18.7 million) pre-money valuation.
“B-North ...
December 8, 2019MessageXchange has announced that it is the first PEPPOL-certified eInvoicing Access Point service provider in Australia and New Zealand.
Earlier this year, Australia and New Zealand announced that they were both ...
December 6, 2019Royal Bank of Canada (RBC) Capital said there’s an overlooked part of Amazon’s ecosphere of services that’s being casually overlooked but will be extremely profitable for the company in the ...
December 6, 2019Australian B2B FinTech Tyro Payments recently listed on the Australian Securities Exchange (ASX) and saw its share price increase 29 percent above its IPO price on the first day, according ...
December 6, 2019This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. From ...
December 6, 2019For Eyal Shinar, CEO of Fundbox, understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience.
His mother, who owned a small staffing ...
December 6, 2019New analysis from small business (SMB) accounting platform Xero is calling attention to the late B2B payments epidemic in South Africa.
Gadget reported on Thursday (Dec. 5) that late payments to ...
December 5, 2019In-house payments processing solution provider Workiz is targeting the field worker arena with its newest solution, WorkizPay.
The tool, announced via press release on Thursday (Dec. 5), allows field service professionals ...
December 5, 2019Credit union service organization CULedger has debuted its financial exchange for credit unions using R3’s Corda blockchain technology, the firms said in a press release Thursday (Dec. 5).
Dubbed CUPay, the ...
December 5, 2019Commercial payments technology company AvidXchange is connecting banking clients to its AvidPay B2B payments network through a new integration. The company announced on Thursday (Dec. 5) in a press release ...
December 5, 2019There’s much discussion about the friction associated with traditional, manual, paper-based accounts payable (AP) processes, as well as about technology’s opportunity to address pain points.
The opportunity to help AP professionals ...
December 5, 2019Understanding businesses’ biggest payment pain points requires a wide line of sight. After all, money exits a company through more than one avenue, whether it be via the accounts payable ...
December 5, 2019The creation of the credit card infrastructure 60+ years ago initially had only the consumer in mind, but recent history has shown that investments in card technology have helped the card-based ecosystem ...
December 4, 2019India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform. Reports in The Hindu on ...
December 4, 2019Accounts payable FinTech Finexio has announced $2.5 million in new funding from new and existing investors.
In a press release, the company said a range of backers participated in the funding ...
December 4, 2019Japan’s MUFG Bank has confirmed a joint venture with human resources company Recruit Holdings, according to CoinDesk reports Wednesday (Dec. 4), with separate reports noting that the collaboration aims to ...
December 4, 2019Accounts receivable (AR) automation firm Invoiced is integrating payment processing functionality through a collaboration with Chase and WePay.
In a press release on Wednesday (Dec. 4), Invoiced announced the launch of ...
December 4, 2019Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 trillion valuation by the end of 2024, and $191 billion by the end ...
December 4, 2019The rise in alternative small business lending players was first viewed as a competitive force against traditional financial institutions (FIs), although some legacy banks eventually embraced the new market entrants ...
December 3, 2019SoftBank Group has made another investment in Mexico, leading a $100 million funding round for small business (SMB) lender Konfio.
This marks the Japanese conglomerate’s third investment in the country since ...
December 3, 2019The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network, The Clearing House’s (TCH) real-time ...
December 3, 2019A FinTech payday startup called Hastee has received a $270 million investment from Umbra Capital Partners, with participation from IDC Ventures and others, according to reports.
Hastee allows workers to get ...
December 3, 2019The We Company, the parent of WeWork, uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. 3). ...
December 3, 2019Uber and American Express have partnered to offer businesses rewards whenever they pay for rides using a corporate American Express Card, The Points Guy reported on Monday (Dec. 2).
Riders who ...
December 3, 2019The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction.
Around the world, ...
December 3, 2019Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress.
A recent report from J.D. Power took one key friction point of the ...
December 2, 2019London specialty business lender Just Cashflow (JCF) is partnering with London FinTech Ebury to roll out foreign exchange (FX) services, Just Cashflow announced in a company blog.
The FX solutions were ...
December 2, 2019Norwegian banking group Eika Group has invested in FinTech EedenBull to help its banks with new and innovative payment solutions to serve customers, according to a release.
EedenBull’s new service and ...
December 2, 2019Digital identity solutions provider Signicat is partnering with payment information firm SurePay to combat B2B payments fraud.
A press release published on Signicat’s website on Monday (Dec. 2) said Signicat will ...
December 2, 2019The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 percent higher than 2019, the Fed announced in a press release ...
December 2, 2019Walmart India is collaborating on a commercial card solution for its business wholesale customers.
Reports in the Economic Times of India on Monday (Dec. 2) said Walmart India is partnering with ...
December 2, 2019As B2B fraud threats like the business email compromise (BEC) scam or internal employee theft continue to grow for businesses large and small, experts are urging business owners and executives ...
December 2, 2019Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. However, a rise in ...