B2B

  • MRI Software Adds AP Capabilities For Real Estate Users

    December 9, 2019 Real 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 ...
  • UK’s Digital Starling Bank Misses SMB Loan Target

    December 9, 2019 London’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 ...
  • SEC Eyes Trade Finance FinTech For Ponzi Scheme Activity

    December 9, 2019 IIG License Revoked By SEC For Alleged Ponzi Scheme ActivityInternational 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 ...
  • Funding Round Could Give AvidXchange $2B Valuation

    December 9, 2019 Funding Could Give AvidXchange $2B ValuationAutomated 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), ...
  • SMBs’ Late Payments Pain Spreads Across Borders

    December 9, 2019 SMBs' Late Payments Pain Spreads Across BordersIn 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 ...
  • Credit Unions Find Opportunity In Payments Disruption

    December 9, 2019 Credit 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 ...
  • Payments’ Role In Innovating Appointment-Based Businesses

    December 9, 2019 appointment based businessAlthough 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 ...
  • UK Lender B-North Looks For £1.75M In Funding

    December 8, 2019 venture capital crowdfundingUK-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 ...
  • MessageXchange Launches PEPPOL-Certified eInvoicing In Australia, New Zealand

    December 8, 2019 MessageXchange australiaMessageXchange 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 ...
  • RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023

    December 6, 2019 RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023Royal 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 ...
  • Australian B2B FinTech Tyro Is Bright Spot In IPO Debut

    December 6, 2019 Australian FinTech Tyro Bright Spot In IPO DebutAustralian 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 ...
  • On-Demand Payroll Leads B2B FinTech Funding

    December 6, 2019 On-Demand Payroll Leads B2B FinTech FundingThis 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 ...
  • Trade Credit: When ‘Status Quo’ Means It’s Time For A Change

    December 6, 2019 For 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 ...
  • Xero Highlights South Africa’s Late Payments Surge

    December 6, 2019 New 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 ...
  • Chase, Workiz Add Same-Day Payouts For In-Field Workers

    December 5, 2019 Chase, Workiz Add Same-Day PayoutsIn-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 ...
  • CULedger Debuts Credit Union Payments Exchange

    December 5, 2019 Credit 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 ...
  • AvidXchange Targets Banks’ B2B Payments Friction With AvidPay

    December 5, 2019 Commercial 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 ...
  • Accounts Payable’s Opportunity To Become A Profit Center

    December 5, 2019 There’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 ...
  • Finding Salve For Business Payments Pain — From Expense To AP

    December 5, 2019 Understanding 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 ...
  • How Commercial Cards Can Deliver On The Promise Of Faster Supplier Payments

    December 5, 2019 How Virtual Cards Can Deliver Faster PaymentsThe 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 ...
  • India’s Marg ERP Develops B2B ePayment Platform

    December 4, 2019 India-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 ...
  • Finexio Lands $2.5M For Accounts Payable Tech

    December 4, 2019 Finexio Lands $2.5M For Accounts Payable TechAccounts 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 ...
  • MUFG Links With Recruit For Possible B2B Digital Currency

    December 4, 2019 MUFG BankJapan’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 ...
  • Invoiced Integrates Payment Processing Via Chase

    December 4, 2019 Invoiced Integrates Payment Processing Via ChaseAccounts 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 ...
  • Finserv Providers Embrace New Rails For Faster B2B Payments

    December 4, 2019 Finserv Providers Embrace New Rails For B2BRecent 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 ...
  • Why SMBs Should Look Beyond High Street For FX Needs

    December 4, 2019 The 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 ...
  • SoftBank Leads $100M Investment In Mexico’s Konfio

    December 3, 2019 SoftBank 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 ...
  • Corporate America Credit Union To Serve As RTP Funding Agent

    December 3, 2019 Corporate America CU To Be RTP Funding AgentThe 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 ...
  • On-Demand Payment FinTech Hastee Helps Cos Pay Workers On Demand

    December 3, 2019 On Demand Payment Fintech Hastee Helps Companies Pay Workers On DemandA 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 ...
  • SEC Flags Benchmark That Obscured WeWork’s Bottom Line

    December 3, 2019 Securities and Exchange Commission, SEC, Uber, IPO, Profits, revenue, contribution margin, news, generally accepted accounting principles, , expenses,The 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). ...
  • Uber Partners With Amex To Offer Rewards For Corporate Riders

    December 3, 2019 Uber driver and passengerUber 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 ...
  • Finding The Right Fit For Cross-Border B2B Payments

    December 3, 2019 cross-border paymentsThe 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, ...
  • Corporate Cards’ Collaborative Approach To SMB Adoption

    December 3, 2019 Though 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 ...
  • SMB Lender Just Cashflow Adds Ebury FX Services

    December 2, 2019 Specialty business lender, B2B, Just Cashflow, Just Loans Group, partnership, FinTech, Ebury, FX Services, cross border payments, exchange rates, news   London 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 ...
  • Eika Group Teams Up With EedenBull On Payment Solutions

    December 2, 2019 Eika Teams With EedenBull On Payment SolutionsNorwegian 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 ...
  • Signicat, SurePay Link Up To Combat B2B Payment Fraud

    December 2, 2019 currenciesDigital 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 ...
  • Federal Reserve Ups Payment Services Fees By 2.4 Pct.

    December 2, 2019 Fed Raises 2020 Payment Services Fees 2.4 Pct.The 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 ...
  • Walmart India Introduces Corporate Card For Business Buyers

    December 2, 2019 Walmart IndiaWalmart 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 ...
  • FinServ Providers Lift Some Of B2B’s Fraud Burden

    December 2, 2019 As 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 ...
  • How Faster Payments And Faster Data Drive Payroll Innovation

    December 2, 2019 Shifting 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 ...