Payments are both an integral and a problematic part of higher education. They are integral because of how costly college is. The average annual cost of tuition during the 2021-2022 school year at a public four-year university stood at $10,740 for in-state students and $27,650...
From back office automation to company transformation. Amit Agarwal and Debopama Sen, global co-heads of payments, Citi Treasury and Trade Solutions, told Karen Webster that the technological “COVID toolkit” crafted over the past few years helped firms navigate commerce’s shift to online channels. CFOs and...
Corporate fraud and corruption have risen since 2020, as the digital transformation that accompanied the pandemic opened new opportunities. New channels for workflows have left companies playing catch-up with oversight and governance, and greater reliance on remote work presents added opportunities for digital infiltration. The...
As the number of connected vehicles on the road continues to grow, developers are producing tools that serve a variety of use cases for consumers, commercial drivers and fleet managers alike. These innovations are driving a global automotive software market that one recent study said...
Swedish B2B payments FinTech Payer has announced it will now facilitate American Express Payments in Denmark, Finland, Norway and Sweden. Companies using Payer as a digital payment platform will now be able to accept American Express Cards as a payment method for all purchases. “Payer...
Indian corporate spend management company Happay has launched an invoice processing tool and vendor payment module that enables direct B2B transfers through National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS). Happay Invoice caters to non-card-based spending and is backed by an unsecured credit...
B2B payments company OnlineCheckWriter.com has released a credit card payment facility for businesses, letting them pay any payee, even ones that don’t take credit cards. As the Texas company said in a news release Sunday (Oct. 30), small businesses traditionally relied on time-consuming payment methods,...
Macroeconomic headwinds reportedly may begin weighing on the B2B payments sector. For example, B2B payments technology and services provider Fleetcor Technologies faces the primary challenge of a macroeconomic slowdown that will reduce payments growth, Seeking Alpha reported Wednesday (Oct. 26). The company has also been...
Spend management solution Airbase has added automated procurement features that are designed to support the purchasing processes of mid-market and larger companies. The new automated features include documentation and data routing, three-way purchase order (PO) matching and custom tagging of additional stakeholders, Airbase said in...
