B2B

  • FBI, Banks Go Global With Cybercrime-Fighting Tactics

    May 21, 2019 global cybersecurityThe U.S. Federal Bureau of Investigation (FBI) last week announced charges against 11 alleged members of a cybercriminal ring targeting small businesses. Reports in Krebs on Security said the FBI is ...
  • Kenya Banks Take On AltFin With Mobile SMB Lending Tool

    May 21, 2019 Kenya is deploying mobile lending initiatives in an effort to address the small business credit gap. Reports in Reuters on Monday (May 20) said five banks in the country are collaborating ...
  • Accountants Sound Off On Wolters Kluwer Cyberattack

    May 21, 2019 Accountants On Wolters Kluwer CyberattackA cyberattack at accounting firm Wolters Kluwer that left its accountant clients unable to access a portal necessary to do their jobs has angered many in the industry, according to ...
  • Danske Bank Launches SMB Cybersecurity Initiative

    May 21, 2019 Danske BankNordic bank Danske is launching an initiative to support its small business clients’ cybersecurity initiatives. Reports in ComputerWeekly on Monday (May 20) said Danske is rolling out its Technical Support Initiative ...
  • Resisting The Temptation To ‘Rule’ In Small Biz Credit Decisions

    May 21, 2019 business lendingMachine learning and artificial intelligence can help smooth business processes and eliminate reliance on paper-based and manual operations. Prashant Fuloria, COO at financial technology firm Fundbox, tells PYMNTS that when ...
  • Wells Fargo Taps TransferMate For Global Invoicing

    May 20, 2019 invoiceTransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect platform for U.S.  based international ...
  • The C-Suite Develops Supply Chain Innovation Plans

    May 20, 2019 supply chain managementBlockchain tends to receive the most excitement and attention on the topic of supply chain technology, but it’s not the tool the C-suite is focusing on — and investing in ...
  • Tackling The Interchange Fee Hurdle In Commercial Card Acceptance

    May 20, 2019 commercial card paymentIn a B2B climate of delayed payments and heightened pressure for cash flow optimization, the commercial card has emerged as what many card companies and issuing banks would consider to ...
  • Metro Bank Combats Internet Hoax With $478M Fundraise

    May 20, 2019 Metro BankShareholders have raised $478 million for U.K. challenger bank Metro Bank after an internet hoax raised concerns over the value of the institution. Reports in Bloomberg on Friday (May 17) said ...
  • KPMG Won’t Split Accounting, Auditing Units

    May 20, 2019 KPMG Won't Split Accounting, Auditing UnitsDespite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. However, starting on June 1, the company will boost the oversight of its ...
  • Chinese Firms Missing $6B In Cash

    May 20, 2019 Chinese Firms Missing $6B In CashRegulators are taking action after more than $6 billion in cash has disappeared from the books of two Chinese companies, according to Nasdaq reports on Friday (May 17). A combined $6.1 ...
  • Data: Slovak Firms Among Europe’s Latest Payors

    May 20, 2019 B2B late paymentsIn Europe, companies grapple with late payments – but certain regions and countries lag in getting suppliers paid.  A new study finds Slovak firms among the worst offenders, while in ...
  • Financial Software Firm OpenFin Raises $17M

    May 17, 2019 financial softwareIn a Wells Fargo & Co.-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as ...
  • JPMorgan Buys InstaMed For $500M

    May 17, 2019 In a bid to expand its healthcare payments presence, JPMorgan said Friday (May 17) that it has entered a deal to acquire InstaMed, a payments technology company focused on the ...
  • Kabbage Integrates With Online-Only SMB Banking Platform Azlo

    May 17, 2019 Online small business (SMB) banking platform Azlo is integrating Kabbage into its solution to expand access to capital for its users. A press release issued on Thursday (May 16) said Azlo’s ...
  • Despite FY19 Losses, Xero Shares Surge

    May 17, 2019 Despite FY19 Losses, Xero Shares SurgeSmall business accounting firm Xero saw its financial losses widen for the 2019 fiscal year, yet shares surged for the company as much as 10 percent. Reports in SBS News this ...
  • Prospa Lowers Interest Rates In Second Go At IPO

    May 17, 2019 More than a year after Prospa delayed its initial public offering (IPO) plans, the Australian alternative lender is once again gearing up to go public — and hoping lower interest rates ...
  • Barclaycard Launches Agriculture-Targeted Commercial Card

    May 17, 2019 Barclaycard is introducing a new commercial card product in conjunction with AGCO Parts, a supplier of parts and after-sales services for the farming machinery space. Reports in Verdict on Thursday (May ...
  • Why The Back Office Should Pay Attention To The POS

    May 17, 2019 The journey of digitizing the enterprise created a whole new set of unique challenges in business operations. One of the largest was how to get that host of new software ...
  • SoftBank Investment Creates $3.5B Supply Chain Finance Firm

    May 17, 2019 investmentSoftware as a service proved popular with investors this week, particularly in the cybersecurity space. But the largest round came courtesy of the SoftBank Vision Fund, which provided $800 million ...
  • Ireland’s Growing Invoice Redirect Fraud Problem

    May 17, 2019 Authorities in Ireland have warned businesses about a rise in “CEO fraud” that gets unwitting victims to pay up in invoice redirect fraud. Separately, individual cases have shows the impact ...
  • EU Fines Banks Billions For Manipulating Currency Prices

    May 16, 2019 EU Fines Banks For Manipulating Currency PricesThe European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange market. According to a report in ...
  • US Senate Revives Export-Import Bank

    May 16, 2019 After a four-year hiatus, the U.S. Export-Import Bank (EXIM Bank) is returning to full-fledged operations as a provider of high-value trade financing and other services to support cross-border trade with ...
  • Decernis, Viaware Team Up For Food Supply Chain Compliance

    May 16, 2019 Product compliance and risk management technology firm Decernis is collaborating with Viaware, an IT company in the food contact materials space, to promote compliance in the supply chain. In a press ...
  • Gig Workers Say Instacart’s Payment Fix Limits Transparency

    May 16, 2019 Gig Workers: Instacart Pay Lacks TransparencyOn-demand grocery delivery service Instacart took action earlier this year to change the way it pays gig workers, called shoppers, after a class-action lawsuit argued the company was mishandling their ...
  • How APIs Customize The B2B Buying Experience

    May 16, 2019 The B2B eCommerce landscape is nearing a $1.8 trillion valuation, as corporate buyers begin to demand the same online purchase experience in their professional lives that they have in their ...
  • Kaleido Eyes Biz Payments, Supply Chains With Tech Stack Launch

    May 16, 2019 blockchainEnterprise blockchain-as-a-service company Kaleido is rolling out a new B2B tech stack for corporates designed to address friction in their core payments and supply chain processes by making it easier ...
  • Personetics Bridges FIs To AI Small Business Banking Tech

    May 16, 2019 artificial intelligenceArtificial intelligence financial services technology company Personetics is rolling out a new small business banking tool for its financial institution clients. In a press release Wednesday (May 15), Personetics said it ...
  • ACH Logs 9 Pct B2B Payments Growth In Q1

    May 16, 2019 Amid the movement from paper processes and checks to electronic means of getting funds where they need to go, the ACH Network reported mid- to high-single-digit payment growth in the ...
  • OCC Will Vet Wells Fargo’s Next CEO

    May 15, 2019 OCC Will Vet Wells Fargo’s Next CEOThe U.S. Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo as the scandal-plagued bank’s new ...
  • Toast Steps Into Restaurant Payroll

    May 15, 2019 Toast Steps Into Restaurant PayrollRestaurant technology firm Toast is stepping into the payroll sphere with its Toast Payroll & Team Management offering, it was announced on Tuesday (May 14). The integrated payroll and human resources ...
  • To Optimize Supply Chains, Big Data Must Have The Need For Speed

    May 15, 2019 Supply chain management strategies are top of mind for many organizations at a time when Brexit, trade disputes, tariffs and an overall sense of geopolitical volatility have businesses recognizing the ...
  • IBM Launches Supply Chain Anomaly Detection Tool

    May 15, 2019 IBMIBM announced the launch of a new supply chain management solution deploying artificial intelligence (AI) to detect anomalies in the supply chain. In a press release issued Tuesday (May 14), IBM ...
  • Pepsi Supply Chain Jolt Via Blockchain

    May 15, 2019 As blockchain moves farther afield from crypto connections, supply chain tracking gains traction, with Pepsi noting a significant efficiency boost in a trial tied to programmatic ads. Elsewhere, a study ...
  • US Government’s eProcurement Push Raises Amazon Dominance Fears

    May 15, 2019 B2GThe U.S. government is continuing its efforts to promote the use of online marketplaces and broaden its eProcurement activities, reports in Digital Commerce 360 said, but efforts could continue to ...
  • CYBG Snubbed Again As More RBS Fund Winners Announced

    May 15, 2019 The U.K.’s board of Banking Competition Remedies (BCR) has announced the next round of winners of the Royal Bank of Scotland (RBS) funds set aside to bolster small business (SMB) ...
  • PPRO, HighRadius Target B2B Supplier Payment Acceptance

    May 15, 2019 HighRadius, PPRO Partner On B2B PaymentsCross-border electronic payments firm PPRO and treasury management company HighRadius are teaming up to enable B2B suppliers to more easily accept a range of payment methods. In a press release on ...
  • The Middle Market Gets A Jump-Start On Spend Management

    May 14, 2019 Business-to-business (B2B) transactions remain full of friction. However, in the procure-to-pay process, some of the biggest challenges occur before any transaction is initiated. For the middle market, a high volume of ...
  • Bank Of America Tokenizes Apple Watch For Corporates

    May 14, 2019 Bank Of America Tokenizes Apple WatchBank of America is integrating the Apple Watch into its corporate treasury platform, CashPro, to tokenize the wearable technology. In an announcement on Tuesday (May 14), Bank of America said it ...
  • CIBC Targets Data Integration With New SMB Platform

    May 14, 2019 CIBCCanadian bank CIBC is rolling out a new small business platform that combines banking, accounting and payroll services, the institution said Monday (May 13). Dubbed CIBC SmartBanking for Business, the platform ...
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