Payments platform Balance and eCommerce platform BigCommerce have teamed to help merchants scale their B2B payments. Balance announced in a Monday (Jan. 30) press release it has been named a BigCommerce Certified Technology Partner. The partnership will see Balance provide BigCommerce merchants with access to...
In the face of ongoing market headwinds, the role of finance and accounting teams is increasingly expanding to oversee cross-departmental coordination and drive holistic business priority alignment. “I’ve compared being a CFO to the idea of a navigator on a plane, in that you’re looking...
The B2B payment landscape is in the midst of a pivotal migration toward modern solutions. This, as decades-old legacy platforms and historically siloed finance office operations are creating a mounting technical debt that negatively impacts business planning and development cycles, hinders speed to market, as...
Automated fraud-fighting systems have proven successful, although data suggests that firms planning in-house solutions may encounter unexpected headaches. The B2B Payments Fraud Problem One of the toughest challenges for firms trying to avoid falling victim to scams and bad actors is effectively authenticating another organization’s identity for business...
Unifiedpost and Munich Re have teamed up to provide invoice financing in Europe. The new strategic partnership will bring together Belgium-based Unifiedpost’s eInvoicing technology and customer base with Munich Re’s insurance expertise and financial capacity, the companies said in a Wednesday (Jan. 25) press release....
Metaprise Banking has introduced new B2B payments offerings for entrepreneurs and small businesses worldwide. The New York-based FinTech company now enables freelancers, retailers and other small and medium-sized businesses (SMBs) to receive payments via different methods, generate online invoices and use payment links to request...
Slow payments are more than a waiting game for the construction industry. They contributed to 12% of total construction costs last year, dipping into firms’ profits. As a result, almost 1 in 3 firms surveyed must finance gaps in cash flow, adding carrying costs such...
Operations across international borders inherently add layers of complexity and fees to B2B operations. Yet despite historical speedbumps to global expansion, innovations in real-time payment (RTP) networks and digital-first interoperability solutions are helping businesses of all sizes take the leap into intercontinental commerce. This, as...
Vartana has raised $12 million in a Series A round and launched its B2B sales closing and financing platform. The platform tackles the friction that is involved in handling payment terms during a B2B sale, including the length of time involved in arranging a bank...
