Today in B2B payments, the African Export-Import Bank (Afreximbank) launches a payment service, Nipendo expands access to automated invoicing and WEX adds a digital wallet for B2B payments. Plus, PYMNTS research finds an opportunity for financial institutions to supply capital, cash flow assistance and payment...
The African Export-Import Bank, or Afreximbank, announced Thursday (Sept. 29) the broad launch of a payment service called AfPAY with the stated goal of facilitating easier transactions among African financial institutions. The announcement said: “Afreximbank developed the product specifically to address the banking challenges confronting...
Nipendo, a provider of systems to automate payment processes, announced Saturday (Oct. 1) that it is making its Invoice All module available to suppliers that use the company’s Supplier Portal. Invoice All is part of Nipendo’s cloud-based system for automating source-to-pay actions, the company said...
Commerce platform WEX on Thursday announced the wide availability of Flume, a digital wallet that will allow instant account-to-account transfers for customers. WEX stated in the announcement that the new offering was designed to “bridge the digital divide for millions of small- and medium-sized businesses...
Today in B2B payments, LPL debuts industry-specific bookkeeping services for its affiliated financial advisors, while Capchase integrates with Xero to make it easier for small and medium-sized businesses (SMBs) in the United Kingdom to access capital. Plus, Amazon Business reports that most companies’ procurement budgets...
Amazon Business’ “2022 State of Business Procurement Report” shows that companies are on board with digital procurement and gives suppliers reason to breathe easy. According to the report, most businesses aren’t planning procurement budget cuts. We unpacked some key findings from Amazon’s survey of procurement professionals...
Retail financial advisory firm and independent broker-dealer LPL Financial is now offering a dedicated bookkeeping service to its affiliated financial advisors. With its new Bookkeeping Services offering, LPL can pair its advisors with bookkeepers who have been trained in the industry and understand the needs...
Non-dilutive capital startup Capchase is now integrated with global small- to medium-sized business (SMB) accounting software platform Xero, enabling SMB customers in the United Kingdom to more easily access capital. With this integration, U.K. SMB customers can use the Capchase app in the Xero App...
Today in B2B payments, Stablecorp is beta-testing a treasury management platform powered by blockchain technology, while Byline Bank has signed with Tassat Group to use its blockchain-based TassatPay to enable real-time payments. Plus, Liberis raised about $154 million to expand its small business funding platform. ...
