Transparent Financial Systems will be rolling out a new service called Xand Alpha, which will come along with a confidential transactions feature, according to a March 25 company blog post. Transparent has developed a confidential transaction system which draws from proven cryptography in the field....
Today in B2B payments, Crypto-as-a-Service has something for everyone across the payments landscape, while more than half of businesses that use checks are making and receiving fewer check payments as they prioritize digitization. Plus, Zimpler plans to expand after raking in a new round of...
More organizations are getting fed up with slow, paper-based payments and instead fast-tracking their adoption of digital alternatives. PYMNTS research shows that 53% of businesses that use checks have been making and receiving fewer check payments since prioritizing payments digitization. Among firms that use cash,...
Swedish payments FinTech Zimpler is planning to expand following a new round of equity funding, the company announced Tuesday (March 29). “The investment will enable Zimpler to further drive its exponential growth journey and accelerate the company’s commercial development by broadening its customer base and...
Today in B2B payments, GrowSari expands its B2B suite of offerings across the Philippines, while Corcentric discusses the benefits of adding transparency to the payments process in the healthcare and insurance sectors. GrowSari Raises $77M to Expand in Philippines Philippines-based B2B platform GrowSari has raised...
Cybercriminals now operate on a wide scale, and they use a variety of sophisticated tactics to compromise security measures and commit B2B payments fraud. The fraud attacks perpetrated by these cybercriminals are especially costly to organizations when they impact B2B payments, and fraud-related costs amount...
Healthcare, insurance and financial services are among the largest verticals in the U.S., tied to trillions of dollars of transaction flows. Corcentric CEO Matt Clark told PYMNTS in an interview that moving those industries into the digital age requires a mixture of technology, automating manual...
Today in B2B payments, almost half of credit union members get business lines of credit elsewhere, and it’s time for restaurants to update their back-of-the-house technology. Plus, IndiaMART invests $11.4M in accounting software monitoring app Livekeeping, and trucking companies are moving toward more digital, driver-friendly...
More credit union (CU) members are sourcing financial services from CUs’ competitors now than in 2020. For example, the share of CU members seeking business lines of credit through other financial institutions (FIs) has risen 16% over 2020 levels, with 48% of members who use...
