First the bad news: It will take years for supply chains to return to normal. But the good news: A panel of experts in transportation, logistics and finance told PYMNTS in an interview that this challenge is also an invitation for continued innovation in any...
B2B marketplace network Proxtera is expanding its reach as more small- to medium-sized businesses (SMBs) are beginning to digitize, including adding to its network in Asia and Africa next year, The Business Times reported Wednesday (Oct. 27). The report says that work will include providing...
As more businesses make the shift to fully digital transaction processes, new PYMNTS data suggests concerns about the move to real-time payments are making that transfer more difficult, especially for small- to medium-sized businesses (SMBs), as the cost of making such upgrades is affordable only...
HUBX, the deal syndication platform for banks and brokerage firms, now has new backing from ACF Investors’ Delta Fund and Mandalore Partners, in addition to existing investors Barclays and Basinghall Partners, according to a press release on Wednesday (Oct. 27). “Banks are embracing end-to-end execution...
Finnish eInvoicing provider Basware says it has created a “recipe” that lets users of the Oracle Fusion Cloud ERP connect easily to the Basware platform. The company announced the product Wednesday (Oct. 27), saying its eInvoice Recipe offers a standard out-of-the-box interface that lets Oracle...
“How come I didn’t know about this before?” That’s the most common response Request Network CEO Christophe Lassuyt said he hears these days from the thousands of new businesses that are signing up for his blockchain invoicing service each month. In August, the Singapore-based startup...
Re-imagining business payments will take input from stakeholders across the ecosystem — banks, payments networks, enterprises and FinTechs among them — to benefit buyers and suppliers. In a panel moderated by Flint Lane, founder and CEO at Billtrust, a trio of payments professionals said that...
In the grand scheme of things, when running a business, the prospect of “almost cash” is reminiscent of “near beer.” It’s something — but not quite the real thing. Managing credit and collections — and the accounts receivable (AR) process at large — is an...
Today in B2B payments, banks must offer their business customers lower costs, more speed, convenience and transparency, with B2B payments made increasingly in real time. Plus, 56% of small and medium-sized businesses (SMBs) say immediate payment platforms lead to more revenue, and while real-time payments...
