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ECB Officials Fear Banks Will Get Hit Hard By Pandemic Fallout
Friday 15th January - 1:33 pmEuropean Central Bank (ECB) officials are concerned that Euro-area banks will get hit hard in 2021 by fallout from the COVID-19 pandemic as weakened businesses slide into bankruptcy. “The main issue ...
Today In B2B: HSBC Launches Cash Flow Tech; TD Makes Equipment Finance Buy
Friday 15th January - 1:32 pmToday in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires equipment finance operations from Wells Fargo. Plus, AspireHR links with SAP Concur, EedenBull teams with NAB ...
How The Pandemic Underscores The Digital-First Startup Strategy
Friday 15th January - 8:00 amEach organization laid out its own path to reconcile with the sudden impacts of the pandemic earlier last year. For larger firms, investment in digital-first solutions took on a new priority ...
Embedded Finance Tops B2B Tech Funding For The Week
Friday 15th January - 8:00 amInvestors continue to fuel the growth of the B2B technology startup community with another busy week in funding. In total, investors placed nearly $600 million for firms in the B2B ...
Integrated Platforms Arm CFOs With The Power To Optimize B2B Payments
Friday 15th January - 4:01 amWhen the pandemic drove professionals to work from home, business leaders began accelerating their digitization roadmaps. Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the ...
EedenBull Teams With NAB On SMB Spend Management
Thursday 14th January - 10:17 pmEedenBull, which works with payment and spend technology, has a new agreement with National Australia Bank (NAB) in which the bank will let its small- to medium-sized business (SMB) users ...
HSBC Unveils Cash Flow Management Tool As Pandemic Scrambles Balance Sheets
Thursday 14th January - 9:34 pmAs small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. The Vancouver-based bank on Thursday (Jan. 14) rolled out a “Cash Flow ...
AspireHR Teams With SAP Concur For T&E, Invoice Management
Thursday 14th January - 8:44 pmAspireHR teamed with SAP Concur for a reselling and system connection collaboration to bring the latter company’s travel, expense and invoice management offerings to additional North American companies, according to ...
TD To Buy Wells Fargo's Canadian Direct Equipment Finance Business
Thursday 14th January - 4:57 pmThe Toronto-Dominion Bank (TD) and Wells Fargo have unveiled a deal through which TD will buy the Canadian Direct Equipment Finance operation of Wells Fargo, which is “subject to certain closing ...
NTT DATA Teams With Conferma Pay On Virtual Payments For Lodging
Thursday 14th January - 12:56 pmNTT DATA Hong Kong Limited (NTT DATA) has teamed with Conferma Pay to bring digital payment communications to hotels, according to an announcement emailed to PYMNTS. “Partnering with Conferma Pay is a ...
Today In B2B: Citi Names New TTS Head; Rho Adds AP To Business Banking
Thursday 14th January - 12:05 pmToday in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius ...
RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
Thursday 14th January - 8:00 amThe Clearing House’s real-time payments offering, the RTP® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week’s Payment Rail Innovation roundup. Plus, ...
The Diamond Industry Polishes Its B2B eCommerce Strategy
Thursday 14th January - 8:00 amLike so many industries today, the diamond sector continues to struggle with supply chain digitization. The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on ...
Finance Teams Surmount The Barriers To Custom Automation
Thursday 14th January - 8:00 amWhen it comes to the ever-persistent build-versus-buy debate, the “buy” decision is becoming a more obvious choice for many firms within their digitization journeys. That’s particularly true for smaller organizations ...
Sweep Raises $1.2 Million For Finance Management Tools
Wednesday 13th January - 8:06 pmSweep, which works in expense and travel management for small- to medium-sized businesses (SMBs), announced Wednesday (Jan. 13) that it hit its 2020 funding target, with around 1 million euros ...