8fig, a provider of flexible capital and supply chain tools, announced Thursday (Nov. 18) that it has raised a combined $50 million in Series A funding. The company noted that this follows a strong year of growth as global eCommerce booms, and said it will...
The COVID-19 pandemic has prompted businesses’ accounts receivable (AR) leaders to take the digital leap. As the challenge of delayed payments has become more damaging since March 2020, businesses have looked to digitize processes that had been manual. In fact, 64% of firms are shifting...
Financial services organization Cross River Bank and FinTech Payment Approved have partnered to provide businesses with payment options that are faster, broader, safer and more secure, according to a Wednesday (Nov. 17) press release. With this partnership, Cross River will provide the payments and technology...
The pandemic’s disruption to the global economy has highlighted the value of keeping strategically engaged chief financial officers (CFOs) connected with their companies. For starters, the pandemic accelerated digitization throughout corporate financial operations, speeding up payments and strengthening customer relationships. Digitizing payments is helping many...
Euronet Worldwide, a global solutions and payments provider, has rolled out a cross-border payment platform to boost business integration, according to a press release. Called Dandelion, the product offers real-time connectivity to local payment rails in 162 countries. It also provides transparency, a customizable application...
Blockchain-based B2B payments platform Tassat Group has gotten a “record number” of inquiries about its platform, which lets banks issue cash-backed stablecoins, according to a press release. The effect will be real-time payments facilitation for B2B clients. The interest in global blockchain-based payments was spurred...
Logistics FinTech RoadSync has joined forces with Professional Transportation Partners, LLC (PTP) to offer its checkout product to vendors in the PTP Shop Repairs Centers network. The Atlanta company announced the deal Wednesday, (Nov. 17), saying this partnership will allow the centers to realize cost savings...
If a British marketplace hosts a German seller selling to a French customer, figuring out how to meet the varying regulations surrounding the value-added tax can be difficult. How, for instance, should it be reported — and who pays it? Untangling the idiosyncrasies of region-specific...
Financial infrastructure application programming interface (API) platform Fidel API has launched its Transaction Stream API, which lets developers connect to real-time payment card data, according to a press release. The company, with operations in London, Lisbon and New York City, said the new API will...
