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...
Restaurant supply chain marketplace notch has launched notchPay, the first payment platform for its customers, the company said in a Thursday (March 10) news release. The notchPay platform is powered by Balance, a B2B payments company described as offering the first online checkout designed for...
Today in B2B payments, payment APIs might be the key to smoother cash flow, and Billtrust teams up with Procede Software to expedite commercial vehicle payments. Plus, businesses want fast, integrated payments, and costs, regulations and lack of awareness are the top barriers to digital...
