As payment innovators explore how to build up existing payment rails, or build entirely new ones, to combat friction, the low-hanging fruit remains plentiful to improve the multitude of ways money moves. Get the Full Story Complete the form to unlock this article and enjoy...
Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. In this week’s roundup of open banking initiatives and bank-FinTech tie-ups, PYMNTS finds a renewed push to strengthen SMB banking experiences including financing, account management and more. Get...
For decades, the insurance industry is quite literally a lifeline for those affected by unfortunate events. As service providers in the business of disasters and disruptions, insurance companies have had a front-row seat to the ways the pandemic has affected their small business policyholders. Get...
British international payment FinTech Vitesse has notched 6.6 million pounds ($8.6 million) in a Series A fundraising round, according to a TechCrunch report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Payments firm Sokin is integrating local payment rails from Currencycloud to help boost its money transfer service around 150 different countries with 35 different currency options, the company announced Tuesday (Aug. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Convoy, which works in digital freight, announced a new service called Convoy Factoring, which is powered by Apex Capital and touted as a cost-efficient, quick payment method for B2B needs for freight carriers, according to a press release. Get the Full Story Complete the form...
In a move that lets small- to medium-sized businesses (SMBs) take card payments and monitor income, accounting platform Clear Books has integrated with Stripe. The connection enables SMBs with a Clear Books account to take invoice payments by credit and debit card, according to an...
This week’s roundup of payment rail innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa’s Visa Direct, for instance, embraces the company’s card rails to add value to professionals seeking early access to wages, while...
The prolific success of Amazon has largely orbited around the company’s consumer-centric business model. The ability to offer online shoppers a seamless digital experience and what had been previously been an unprecedented level of product choice changed the eCommerce paradigm forever. Get the Full Story...
