Expedia Group enhanced its B2B segment, Private Label Solutions, by adding APIs that help its partners build travel packages. The new offerings will provide access to rental cars, bookable experiences, trip protection insurance and air travel, the company said in a Wednesday (May 14) press...
Procurify introduced an analytics feature for its middle-market-focused spend management platform. Spend Insights is designed to help finance and procurement teams make faster and better decisions by using a combination of centralized company spending data and artificial intelligence-powered analysis, according to a Wednesday (May 14)...
Ecosystem integration provider Cleo has teamed with B2B payments firm Paystand. Paystand can help retailers, manufacturers, distributors and software vendors automate their order-to-cash and accounts receivable (AR) processes, letting them collect revenue faster, the companies said in a Tuesday (May 13) news release, “Since partnering with Cleo, we’re able...
FlexPoint raised $12 million in a Series A funding round to continue expanding its B2B payments platform for managed service providers (MSPs) and their small- to medium-sized business (SMB) customers. The company will use the new funding to double down on product development and grow...
It can be challenging to think of two things more at odds with each other than the mechanics of B2B payments, and the emerging expectations of modern businesses around payment simplicity, security and speed. While consumer payments have undergone a digital transformation fueled by virtual...
What’s worse than shoppers skipping out on a tab? The businesses themselves stiffing the very suppliers keeping them afloat. After all, businesses ranging from multinational enterprises to Main Street small and medium-sized businesses (SMBs) know they must preserve their supplier ecosystems to remain competitive, yet...
Ant International and Barclays have partnered to help businesses reduce their foreign exchange-related costs and their risks against global volatility. In the first stage of the collaboration, Ant has completed its first batch of intra-group FX transactions with Barclays, the companies said in a Friday...
The B2B landscape is built on sales cycles. But as trade dynamics shift the operating landscape, buyers and suppliers alike are finding themselves forced to shift their tactics. What was once a world powered by traditional sales reps, trade shows and negotiated contracts is rapidly...
The future of B2B payments is being played out across today’s business landscape. Driven by digital transformation, the push for working capital optimization and the mainstreaming of technologies like artificial intelligence (AI) and virtual cards, the B2B landscape is increasingly resembling the world of consumer...