Cross-border expansion is crucial to business growth goals, even for those FinTechs supporting international transactions. This, as Payoneer Global executives told investors on the company’s fourth quarter and full year 2022 earnings call Tuesday (Feb. 28) that they remain “very optimistic and excited about long...
Collaborating to improve working capital access for its network of small suppliers, Walmart is teaming with Citi, bringing the Bridge built by Citi lending platform to Walmart’s roughly 10,000 U.S. suppliers that fall into the small to midsize business (SMB) range, offering loans of up...
Business-to-business (B2B) payments are transforming as companies of all sizes swap checks and traditional payment methods for real-time payments, embedded finance solutions and banking-as-a-service (BaaS) products. Adopting these quicker, more efficient methods has been swift — with 41% of U.S. businesses now using real-time payments...
Miami-based trade finance platform Marco said Monday (Feb. 27) that a fresh $200 million credit line as well as an $8 million equity investment would enable it to pursue rapidly growing trade opportunities in Latin America. According to a company press release, the FinTech has...
In today’s challenging macro environment, chief financial officers are increasingly leading in spearheading process improvements. Leslie Daniel, CFO at sustainable ag-based pulp and molded fiber producer Genera, told PYMNTS during a recent conversation that since stepping into the chief finance role last October, she’s been laser-focused on...
Today’s changing economy is driving new spending priorities as organizations look to boost operational fundamentals. Businesses want technology to help them be strategically proactive with growth in the face of macro headwinds. They are turning to data-backed insights around return on investment (ROI) to do...
A significant portion of the invoices received by legal teams are still delivered in PDF format. To help these teams reduce the time lost to manual processes, Brightflag has added intelligent, automated PDF invoice validation to its legal operations platform. The new PDF Check feature...
Supply chain software firm SubBase has introduced an invoice reconciliation tool for construction firms. “For many trade contractors, reconciling invoices from multiple vendors can be incredibly time consuming and tedious,” the company said in a news release Tuesday (Feb. 21). “Tracking down proper backup can...
SpendHQ says it wants to help companies meet their procurement goals and meet ESG standards. To that end, the spend intelligence and procurement performance management firm on Tuesday (Feb. 21) debuted a series of environmental, social and governance (ESG) features to help companies manage diversity and sustainability initiatives....
