Today in B2B payments, Mondu names a Klarna veteran as its legal chief, while digital payments help vehicle transporters boost capacity. Plus, B2B welcomes the modernization of the payment process; EnKash rakes in $20 million in a Series B fundraising round; two-thirds of financial institutions...
Sustainable FinTech platform CarbonPay has launched a prepaid corporate card designed to help businesses offset their carbon footprint. According to a company news release Monday (April 4), CarbonPay Business Ctrl. allows businesses to have 1 kilogram of CO2 offset for every £1 / $1.50 they...
Swedish business-to-business (B2B) financial provider Qred on Monday (April 4) unveiled a new payments platform that’s designed to help small businesses free up short-term capital and save them time when they’re paying their bills, according to a company announcement. The new service, which will be...
German B2B payments FinTech Mondu has appointed Klarna veteran Miyu Lee to serve as its chief legal officer and general counsel. As Tech EU reported Monday (April 4), Lee spent 4½ years with the Swedish buy now, pay later (BNPL) firm before joining the Berlin-based...
Financial institutions (FIs) seeking to engage and retain corporate clients are exploring how they can solve clients’ B2B payments frictions by building their own solutions — with varying results. “The New User Experience,” a PYMNTS and FIS collaboration based on a survey of 311 executives...
The 34,000 companies operating in the United States’ wholesale food distribution industry generate about $991 billion in collective yearly revenue. Even as digital technologies advance, however, paper checks still account for a large segment of wholesalers’ B2B payments. The paper check industry standard has led...
Although many businesses provide agile and secure payment methods for consumers, the pandemic exposed significant discrepancies in their abilities to provide the same to B2B clients. Consumer sites such as Amazon and DoorDash had already gained traction and could quickly adapt to serve an audience...
Israeli fintech Anchor is looking to streamline small business B2B transactions, a report says. Anchor was founded in 2019 by CEO Rom Lakritz, CTO Leeor Aharon and CRO Omry Man. The company has a headquarters in Tel Aviv, and the company’s modus operandi is offering...
Today in B2B payments, intelligence cash flow platforms are key to accounts receivable (AR) and accounts payable (AP), while CreditQ teams with Tally to offer credit enhancements to businesses. Plus, merchants can’t agree on which verification method is most important for their businesses, while MarketFinance...
