WEX Inc.’s (NYSE: WEX) second-quarter results, reported Wednesday (July 22), were flattered by forces outside its control. Higher fuel prices and favorable foreign exchange movements helped lift revenue 14.2% to $753.5 million, while adjusted earnings per share climbed 35.4% to $5.35. Excluding those macro effects,...
Stripe is positioning itself to play an even greater role in the artificial intelligence (AI) sector that already propelled its revenue to increase by a third to $6.8 billion last year, The Information reported Wednesday (July 22). The company processes payments for AI labs and...
Passionfroot raised $15 million in a Series A funding round to continue investing in its platform that connects B2B tech companies with vetted creators who can help them with their go-to-market campaigns. The platform simplifies the process of working with creators by providing an agent...
B2B cash generation platform Billtrust has launched the “Billtrust MCP Server.” With this new offering, the company becomes the first accounts receivable (AR) platform to directly link live invoice-to-cash intelligence to leading AI assistants through the Model Context Protocol (MCP), Billtrust said in a Tuesday...
Financial operations platform Ramp says it has begun offering customers stablecoin accounts and payments. The new offering, announced Tuesday (July 21), gives businesses a single platform for holding, moving and accounting for fiat and stablecoin funds alike. “Stablecoins have become a normal way for businesses...
American Express aims to improve the B2B payments experience for buyers and suppliers with two new offerings, including a new B2B payment feature and automated invoice reporting capabilities. Both offerings join American Express’ Buyer Initiated Payments (BIP), which enables buyers to initiate electronic payments to...
Procurify completed the transformation of its mid-market procurement platform into a fully agentic procurement platform by adding three more agents, the company said in a Monday (July 20) press release. The new agents include Guided Intake, which is a conversational interface that walks employees through...
Watch more: Summer School With Worldpay’s Billi Jo Wright Merchants now expect business software to do more than manage workflows. They want it to drive revenue, accelerate cash flow, simplify payments and surface the insights needed to run smarter. That evolution formed the basis of...
Watch more: BILL Webinar | Mary Kay Bowman and Scott Hess The cost of getting paid in B2B commerce is often hiding in plain sight. Finance teams continue to measure payment cost through the most visible inputs: transaction fees, bank charges, interchange, processing costs and...