For farmers across the developing world, being trapped in a cash-based economy is costly. Those costs come in all forms—what commodity buyers farmers can work with, security risks associated with constantly carrying around large wads of currency, the unpredictable price fluctuation and pressure to produce...
E-Invoice specialists Basware has signed a Letter of Intent agreement with Arrowgrass Capital Partners under which the two entities will work jointly to develop a new e-invoicing based factoring service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Stallion Oilfield recently announced that it signed a multi-year contract with B2B integration and electronic document exchange services company Amalto Technologies. Stallion provides onshore workforce accommodations and related wellsite services to the oil and natural gas industry in the U.S. Get the Full Story Complete the...
Pop Quiz: Whole buys most of the gift cards in the U.K? It’s probably not who you would think, in fact, it isn’t who at all. According to the UK Gift Card and Voucher Association, the majority of the nation’s gift card market is B2B. ...
The Bank of Canada claims that Canada’s investment and import-export relationship with the United States has been dwindling over recent years. Previously, the financial institution’s governor, Stephen Poloz, said this was because of Canadian businesses holding onto their cash and refusing to invest in growth...
China’s DHgate recently integrated and deployed MasterPass into its B2B eCommerce platform, becoming the first merchant in that country to go live with MasterCard’s digital-wallet service. In doing so, it has enabled a simplified online-payment process for its cross-border customers, 90 percent of whom pay...
E-Invoicing and purchase-to-pay company Basware has recently passed another growth milestone with over 80 million annualized e-invoice and purchase order transactions sent and received across its Basware Commerce Network. Those impressive stats makes the company the largest of its kind in the world, and is...
Nigeria’s Diamond Bank and DHL have partnered to ease financial and logistical troubles faced by businesses and manufactures during the import of raw materials and goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Credit card payment processing firm BNA Smart Payments announced last week that it had launched an account management option for businesses. According to a company statement, the new tool is called Account Payment Manager and will enable businesses to manage payments through an online portal, streamlining...
