In the two years since the B2B payments platform VertoFX launched, a lot has changed. The big problem Ola Oyetayo and his co-founder, Anthony Oduwole, were trying to solve back in 2019 was the challenge businesses in Nigeria were facing with converting the local naira...
As FinTechs, banks and corporates work to develop new financial solutions to address B2B pain points, banking-as-a-service (BaaS) has gained traction, as it allows banking and financial services to be deployed rapidly. One of those pain points is invoicing. Many corporate finance and treasury officials...
Indian lending FinTech company Rupifi and Indian digital B2B marketplace Flipkart Wholesale on Wednesday (Oct. 20) announced they are teaming up on an embedded buy now, pay later (BNPL) initiative for the micro, small and medium-sized businesses (MSMBs) on Flipkart’s eCommerce platform. The partnership gives...
“Accounting departments are getting comfortable with the idea of transforming processes that have been largely untouched for years,” says Craig O’Neill, CEO of Versapay. In “The Way Payments Are Now Done,” O’Neill explores how his firm is seeing an increased adoption of AR digitization and...
Licensed merchandise is big business, with The Walt Disney Co., among the world’s biggest licensors, reporting $54 billion in retail sales of licensed and direct-to-consumer (D2C) products in 2020. However, something that is often missed, according to Brian Rainey, CEO of on-demand manufacturer Gooten, is...
BluePallet, the industrial commerce platform working with the chemical industry, has joined Alibaba.com’s global B2B online marketplace, according to a statement released Tuesday (Oct. 19). The company will be a Global Gold Supplier, and is reportedly now the first industrial commerce platform to operate on...
The shift to remote working arrangements during the pandemic has complicated some operations for finance teams, especially in employee spending. Today, 31% of finance professionals say employees are submitting more expenses than before the pandemic; the same percentage, 31%, say they are finding more errors...
Working capital FinTech PrimeRevenue, Inc. on Tuesday (Oct. 19) announced the debut of the PrimeRevenue SurePay platform to simplify B2B payment services and allow for early and on-time payments across the entire supply chain. The SurePay platform “ensures every supplier gets paid on time, every...
Barclaycard Payments has expanded its relationship with SAP through an integration of the Barclaycard Smartpay gateway into SAP’s Upscale Commerce Platform. The company announced the expansion on Tuesday (Oct. 19), saying that it would also enhance the procure-to-pay services offered by SAP Ariba. “From today,...
