Today in B2B payments, Oracle works with J.P. Morgan and FedEx to automate B2B commerce, Paysafe and HotelKey partner to streamline hotels’ transactions, and Visa and Thunes team up on cross-border payments. Plus, MaxAB raises $40 million, while Moneff acquires StormPay. Oracle B2B Commerce to...
The Cairo-based B2B eCommerce and distribution business MaxAB on Wednesday (Oct. 19) announced the close of a $40m pre-series B funding round to fuel its expansion across the Middle East, North Africa and Pakistan (MENAP) region. The round included new investors Silver Lake, British International...
Cloud applications and infrastructure provider Oracle has announced that J.P. Morgan and FedEx are among the first service providers that will participate in the new Oracle B2B Commerce offering, which includes services that will integrate and automate end-to-end B2B transactions. Oracle B2B Commerce directly connects...
Specialized payments platform Paysafe and cloud-based software solution provider HotelKey have partnered to enable frictionless payments for U.S. hotels across both their retail touchpoints and their back-of-house operations. This collaboration will streamline in-person, card-present and card-not-present transactions across all of a hotel’s retail sales channels,...
The history of connected vehicles began with GM’s introduction of OnStar® in 1996, and in 2021, the number of connected vehicles in the United States was estimated to be 74 million. Connectivity does much more now than it did nearly three decades ago, with modern...
“FinTech, as an investment category, has been incredibly exciting because of the size of the industry — and the size of the opportunity,” Alex Niehenke, Partner at Scale Venture Partners, told Karen Webster. Venture capital firms, of course, are a key conduit to offering up...
It may seem like a lifetime ago, but it was only two years ago when supply chains were at a standstill. And that standstill was a matter of life and death — quite literally. In the race against the insidious pandemic, pharmaceutical firms scrambled to...
Insurance companies are leading the pack in terms of implementing new embedded finance solutions that can benefit themselves, their industry and their customers. Thirty-six percent of financial institutions (FIs) said insurance companies are the types of customers most likely to adopt embedded finance solutions, according...
Today in B2B payments, TreviPay and KHI develop a payment platform for the aviation industry, Lendica and Altametrics offer B2B buy now, pay later (BNPL) options for restaurants, and Clear launches an accounts payable (AP) automation tool. Plus, Edenred buys IPS to build a comprehensive...
