While Felux CEO Dallas Hogensen was talking with a new customer, the customer remarked that he could order a chicken sandwich online and have it delivered to his door but couldn’t purchase steel online — even though steel is a $3 trillion market and the...
Australian B2B FinTech CashD is looking to upend how pay cycles work by allowing workers to choose how and when they get paid, according to a Wednesday (June 22) press release. The company said traditional pay cycles haven’t been getting things done for many workers,...
Today in B2B payments, Spryker and FarEye team up on last-mile delivery of B2B eCommerce, while CFOs are turning to digitization to help them communicate better with customers and vendors. Plus, Nuula and Even Financial make it easier to search for business loans, and Trax...
PayPal announced Wednesday (June 22) it is changing the ways business accounts can receive payments “in the coming weeks.” The company will eliminate the long-standing “Friends & Family” option for business payments, meaning customers will only be able to send these types of payments for...
Chief financial officers (CFOs) expect their businesses to realize several benefits from digitizing payments — among them are faster communication and better collaboration with both customer and vendors. That’s according to “Business Payments Digitization,” a PYMNTS and Corcentric collaboration based on a survey of 400...
When the oven in a pizza shop goes out, the owner must replace it immediately. They can’t wait until their revenues add up to where they can make the purchase. That’s one of the ways in which the financial needs of small business owners, self-employed...
FinTech Nuula is offering a new tool to let owners of small businesses digitally compare more than 30 lenders’ offerings to find the most appropriate personal loans they can use to finance their companies, Nuula announced Tuesday (June 21). The loans can range from $5,000...
Today in B2B payments, virtual cards are becoming a more popular form of B2B payment, while auto parts buyers and sellers are more connected thanks to payment technology advances. Plus, TradeLink nails down $12.6 million in Series A funding for supply chain network growth. Virtual...
The accelerated digitization caused by shutdowns and operational restrictions during the pandemic inspired a series of financial experiments, many of which have shown that they have proven staying power. For example, 55% of chief financial officers (CFOs) now say ePayables with virtual cards are used...
