Today in B2B payments, AIT Worldwide relocates its Cincinnati warehouse to larger, more convenient facility and Treasure Financial launches Treasure Cash function to put idle cash to work. Plus, BigCommerce and Bolt team up to offer merchants the ability to add one-click checkout capabilities. Treasure...
B2B FinTech cash management platform Treasure Financial on Monday (March 14) unveiled Treasure Cash within the Treasure Reserve portal, which the company says can bring businesses up to 15 times more on idle cash with 10 times higher FDIC insurance, no market risk and daily...
Building out new services to meet customers’ shopping and payment preferences can be time-consuming and costly, leading many businesses to spend more than they can afford. A faulty product launch or frictions within their business-to-business (B2B) or other internal processes can severely hamper businesses’ abilities...
Today in B2B payments, Happiness Development inked a $6.7 million direct offering for a B2B auto business, and decentralized markets and local skills boost European B2B wholesale eCommerce. Plus, digital bank Lunar raises $76 million in fundraising round. Happiness Development Unveils $6.7M Direct Offering for...
Automotive sales and eCommerce company Happiness Development Group Limited on Friday (March 11) inked a securities purchase agreement with overseas strategic investors for a registered direct placement of about $6.7 million, according to a company press release. As part of the deal, Happiness Development will...
Application programming interfaces (APIs) for payments orchestration can help businesses more easily add new capabilities to their tech stacks. APIs play a central role in payments orchestration because they bridge merchants and a multitude of payment service provider (PSP) options. Eighty-three percent of businesses consider...
Walking into a supermarket and purchasing grocery items all in one place is an easy and straightforward task for consumers. For businesses, however, purchasing supplies involves dealing with multiple wholesalers at different locations, which can come at a heavy cost to their bottom lines. But...
Today in B2B payments, restaurant supply chain marketplace notch introduces a B2B payment platform, and Stilt launches a credit platform after a $14 million fundraising round. Plus, almost three-fourths of chief financial officers (CFOs) at large corporations say digitizing their business payments is a priority....
Chief financial officers (CFOs) say digitizing their accounts receivable (AR) and accounts payable (AP) functions is integral to modernizing their payments operations and improving balance sheet management. The CFOs of the largest companies are especially likely to believe that, as 74% of those at firms...
