March 2, 2020Bankers in the U.K. are asking for government intervention in what they call a “farcical” program meant to help business banking after the program experienced a number of setbacks, including ...
March 2, 2020Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors.
But supplier ...
March 2, 2020FinTech innovation has opened the floodgates for a stream of new platforms and products designed to help small businesses and corporates more efficiently manage money and make payments.
But the pace ...
March 2, 2020Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment ...
March 2, 2020Germany-based FinTech services firm Wirecard is partnering with the Union Bank of the Philippines to improve banking services for corporate customers, Wirecard announced on Friday (Feb. 28).
A Memorandum of Understanding ...
March 2, 2020Neobank Niyo has partnered with the National Payments Corp. of India (NPCI) to advance financial inclusion and introduce financial services to more than five million blue-collar workers in India by 2022, ...
March 1, 2020The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte, EY, KPMG and PwC, according ...
February 28, 2020The Deputy Governor of the Bank of England (BoE), Jon Cunliffe, said on Friday (Feb. 28) that digital currencies could potentially dry up lending for banks and affect the economy ...
February 28, 2020To explore the positive impacts of blockchain on small businesses, the U.S. House of Representatives Committee on Small Business plans to hold a hearing next week. Witnesses scheduled to appear ...
February 28, 2020With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding.
Southeast Asia led the way thanks to ...
February 28, 2020As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data ...
February 28, 2020An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data ...
February 27, 2020Cashfree, the leading payments program for businesses in India, has announced partnerships with a number of the country’s main banks to strengthen its bulk disbursal program, Payouts.
Those businesses include HDFC Bank, ...
February 27, 2020Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email compromise scams.
One of the latest ...
February 27, 2020European FinTech PayFit has introduced a new receipt capture technology to help corporations with reporting of payments and expenses, according to a release.
The company has been consistently growing; it recently ...
February 27, 2020In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) eCommerce, according to reports. The company reported that total net sales were ...
February 27, 2020Hand sanitizer shortages. Face mask counterfeiting. And some of the most dramatic disruptions in supply chains around the world. The coronavirus continues to wreak havoc on the markets in more ...
February 27, 2020Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking ...
February 27, 2020It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With more SMBs embracing digitization, the ...
February 27, 2020Businesses and governments want the speed and convenience of issuing and accepting digital payments, but, at the same time, they cannot afford to alienate cash-dependent consumers. Debit payments are being ...
February 27, 2020Bookkeeping service Pilot.com has launched three new programs — R&D Tax Credit, CFO Services and Extended Services — in a bid to expand its services, and outsource several different facets of ...
February 26, 2020Motor carrier industry software and solutions developer CarrierHQ has announced a mobile-friendly portal that’s now accessible in California, amid the AB5 legislative environment, according to a press release.
The company provides ...
February 26, 2020After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout ...
February 26, 2020U.K. fraud prevention firm Featurespace announced on Wednesday (Feb. 26) that Enfuce — Finland’s largest FinTech startup — is implementing the Featurespace ARIC Risk Hub to protect its clients from cyberattacks.
Founded ...
February 26, 2020More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to ...
February 26, 2020As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products ...
February 26, 2020 Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly.
Many are turning to enterprise resource planning (ERP) tools ...
February 26, 2020Cloud-based purchasing platform Vroozi will expand in the U.K. and Ireland, and work with Stratas to automate purchasing in the area, according to a press release.
Vroozi will launch a procure-to-pay ...
February 26, 2020Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers, reports said.
SGeBIZ offers an array of loan products ...
February 25, 2020The Palo Alto-based travel tech unicorn TripActions has secured a new, $500 million credit facility to help advance the introduction of its corporate card product, the company announced on Tuesday ...
February 25, 2020British-Dutch oil and gas company Shell launched a suite of business to business (B2B) fleet solutions in India that address issues unique to the country, according to reports on Tuesday (Feb. ...
February 25, 2020Mastercard’s Ajay Banga is leaving his post as CEO to assume the company’s executive chairman position effective Jan. 1, 2021, as Chief Product Officer Michael Miebach prepares to take his ...
February 25, 2020B2B payments’ innovation trajectory continues to accelerate as more end-point solutions emerge to improve the vast number of friction points in the industry.
New technology solutions are stepping onto the market ...
February 25, 2020This week’s look at the latest in payment rail innovation finds solution providers largely embracing the opportunity to develop new technologies for legacy payment rails. Some firms are focusing on ...
February 25, 2020Legacy enterprise resource planning (ERP) systems can both drain businesses’ time and resources and make accounts payable (AP) processes overly complicated. But, integrating ERP and AP systems can help expedite ...
February 25, 2020Payrailz announced the addition of four new investors to its credit union-sponsored payments CUSO, CU Railz.
The new additions were Unify Financial Credit Union, from Torrance, CA, Evansville Teachers Federal Credit Union ...
February 25, 2020Business-facing FinTechs have trailed behind innovation-targeting consumers – so looking back a decade ago, at the mere early rumbles of an eventual FinTech boom, it’s perhaps unsurprising that B2B FinTech ...
February 25, 2020Tencent Holdings, the company that developed mobile payment app WeChat Pay, has teamed up with Network International to allow for the service to be available across the United Arab Emirates, ...
February 24, 2020Financial automation and data intelligence solutions firm Glantus has acquired the audit credit recovery firm JPD Financial, creating a business with an approximate $12 million turnover, Glantus announced on Monday ...
February 24, 2020Indian startup BharatPe has raised $75 million in a Series C funding round to help small businesses in India accept digital payments and provide them with loans, according to a ...