“I’ve been doing FinTech for about 20 years now and, you know, everything we’ve been talking about since 20 years ago is kind of all happening now,” Numerated CEO and Co-Founder Dan O’Malley told PYMNTS. Accelerated by the pandemic, customer demand for digital channels and...
Businesses are looking to boost performance by adopting technologies that can quickly extract pertinent details from invoices and feed them into accounts payable (AP) systems. Automation could not just save time by extracting details faster, but also help firms avoid human errors that can lead...
A pair of issuer-processors — Tutuka and Paymentology — announced Monday (Dec. 6) they would merge into a single entity. The new company will operate under the Paymentology name, bringing together that the firms describe as Paymentology’s multi-cloud platform and Tutuka’s global reach, with...
The food distribution industry is not as consolidated as many others. There are 25,000 food distributors that operate warehouses and deliver food every day to restaurants, grocery stores and convenience stores, and more than half of the industry is powered by local wholesalers, Pepper Co-Founder...
FOMO Pay, a Singaporean payment solution provider, is teaming up with Banking Circle, a Luxembourg-based bank, to offer more collection and payment services for corporate clients in the Asia-Pacific (APAC) region, according to a press release. With Banking Circle’s capabilities for Collection on Behalf of...
SAASTEPS, which provides revenue optimization solutions, is partnering with marketing platform Buyjour to offer a frictionless B2B selling solution for Salesforce customers, according to a press release. This comes on the heels of a fundamental shift in B2B buying, in which more customers don’t want...
United States and Canadian firms’ days sales outstanding (DSO) measurements are getting longer, but these businesses have the power to change course. Investing in digital innovations like virtual cards can help them receive payments faster and also provide a number of additional efficiencies. Thirty-nine percent of firms...
This year has been a busy one for commercial fleets. Consumers want everything delivered, and businesses have had to re-engineer their business models to accommodate their demands. In the process, those companies are taking a harder look at line items that many haven’t even had...
The COVID-19 pandemic is pushing global B2B firms to eCommerce channels and marketplaces, and the payments and processes that go with them. B2C firms adapted to digital years ago, but B2B was slower to adapt. That changed with the pandemic, however, as more businesses began...
