Today in B2B payments, finances take on a more prominent role in trying times, with an increasing number of firms using blockchain and cryptocurrencies for cross-border payments. Plus, Conektr and Triterras bring increased access to working capital to UAE small businesses, and collaboration is the...
Seven months after its launch, French FinTech Hero has raised €12.4 million ($12.49 million) to scale its B2B payments solution. According to a Wednesday (July 13) report by FinTech Magazine, Hero’s payment solution is geared toward small and medium-sized enterprises (SMEs), which the company argues...
With rare exceptions, even slow cryptocurrency transactions are faster than many other payment methods. Most blockchain transactions are completed in minutes, rather than hours or even days, and are able to provide assurances against error or fraud through the transparency of distributed-ledger technology (DLT). This...
Today in B2B payments, Tradeteq launches a marketplace for investors, while Melio and Capital One debut an accounts payable (AP) solution. Plus, Digital River partners with commercetools, enterprise resource planning (ERP) firm Acumatica expands its Shopify partnership, and Yapily and Soldo team up on streamlined...
Trade finance technology specialist Tradeteq has launched Tradeteq Access Lite, a marketplace for investors to participate in the secondary trading of trade finance assets, according to a press release. More than 40 members of the Trade Finance Distribution Initiative (TFDI) have already signed up on...
Meeting end users’ needs requires companies to pay careful attention to how the payment preferences of consumers, vendors and industry partners are changing. It also requires companies to know what tools and technologies can help them keep pace with these shifts, according to “The Banking-as-a-Service...
Today in B2B payments, almost half of businesses say their current systems can’t accommodate virtual cards, while automation is one way to transform your company into a future-focused organization. Plus, Vegrow will expand its AgriTech offering thanks to a recent $25 million funding round. 48%...
Virtual cards can help businesses streamline their business-to-business (B2B) operations, improve efficiencies and ultimately boost their bottom lines. Still, many firms are hesitant to adopt the technology. Several key barriers prevent many U.S. and Canadian firms from adopting virtual card innovations that can enhance their...
Within the business-to-business (B2B) payments ecosystem, small- to medium-sized business (SMB) payors cite several issues that they typically face when making payments to suppliers. Topping the list is manual invoice review, which is cited by the greatest share of SMBs as a problem that they...
