How businesses manage their working capital can be the difference between surviving and thriving. With today’s interest rates fluctuating and supply chains rocked by uncertainty, forward-thinking chief financial officers are keeping their eyes on the ultimate operational prize of balancing their working capital stack, which...
Operational uncertainty remains an obvious, if persistent, challenge for middle-market firms. This would be enough to derail even the best-laid plans if it happened in a silo, but this operational uncertainty is one that fraud within the procure-to-pay (P2P) cycles of mid-market firms can significantly...
From digital wallets to buy-now-pay-later (BNPL) services, FinTech solutions have embedded themselves seamlessly into everyday life. The everyday life of consumers, that is. The multitrillion dollar business-to-business (B2B) sector remains a challenging — if attractive — frontier for FinTech players, marked by complex workflows, entrenched...
In today’s sprawling B2B environment it’s not just the goods and services that need tracking — it’s the companies themselves. As businesses stretch their procurement networks across borders and regions, hopping from one supplier to another, a new kind of scrutiny is settling in: know...
In any technological — and especially payments-related — endeavor, there are several strategies a bank, B2B software provider or platform can employ: build the technology in-house; buy a firm that already has the functionality; or choose a white-label partner that allows the providers’ products and...
Mastercard has unveiled a tool to help financial providers service their middle-market customers. The company’s Middle Market Accelerator, announced Tuesday (Feb. 18), combines Mastercard’s digital payments technology with services to provide transparency, automation and security, Mastercard said in a news release. “There is an untapped...
Stablecoins are having a moment. The asset-backed tokens boast a market capitalization of over $230 billion, and while much of the conversation has revolved around their role in retail crypto adoption and decentralized finance (DeFi), B2B businesses are now considering exploring how they can leverage...
Freightos expanded the capabilities of its digital freight booking and payment platform by adding a tool that enables dynamic contract pricing that automatically adjusts to market fluctuations. The new Freightos Index Linking Toolkit helps importers, exporters, freight forwarders and carriers manage stable freight contracts by...
RevolutionParts, a provider of eCommerce solutions for the automotive industry, has enhanced its aftermarket platform to help manufacturers and distributors expand their sales channels to include direct-to-consumer (D2C) as well as business-to-business (B2B) offerings. Other enhancements to the platform are designed to increase sales of...