Cloud-based eProcurement firm cloudBuy is anticipating high volume over its platform from India businesses — to the tune of billions of dollars. Reports published in The Economic Times of India on Tuesday (Aug. 18) said the U.K.-based company expects between $3 billion and $5 billion worth...
With just hours to go before reporting its Q2 earnings, Target made a big announcement: The retail corporation has hired a new chief operating officer to spearhead its supply chain efforts. Reports said the move is part of Target’s ongoing efforts to overhaul its relationship...
Orbitz for Business, the Orbitz corporate travel arm, has linked with Visa to bring travel booking and payments to mid-sized businesses. Here’s what Charles Bacharach, SVP at Orbitz for Business, had to say about making business travel easier.
Technology and automated processes are increasingly crucial parts of managing corporate procurement operations, all in the name of cost savings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Two financial institutions on opposite sides of the globe are partnering up to launch a new invoice financing service. An announcement published Monday (Aug. 17) revealed that Australia-based startup Bigstone Capital, which provides small business loans, and U.S.-based alternative lending firm The Interface Financial Group...
Business is booming for cybercriminals that target businesses by pretending to be a legitimate supplier and sending a fake invoice. Reports emerging from Australia suggest that this scam isn’t isolated to the private sector. Get the Full Story Complete the form to unlock this article...
B2B finance automation firm Oildex, which specializes in the oil and gas sector, only acquired procure-to-pay service OpenInvoice in June, but already the unit is getting an upgrade. Reports yesterday (Aug. 17) said that both OpenInvoice and Spendworks are rolling out new features, the first...
The global market is not too confident about China’s economy these days. Amid stock market tumbles and currency devaluation, China is experiencing a slowdown in economic growth. The situation has complex ramifications for business players in the market and among them is the emergence of shadow...
They may call August the lazy days of summer, but don’t tell the team at iwoca that - they just secured $20 million in new venture funding and their CEO is on tour in Asia with the U.K.’s Prime Minister. They’ve been a bit under...
