Coupa has announced its latest launches around generative artificial intelligence (AI) and innovation. These new innovations join the company’s existing artificial intelligence (AI)-driven platform designed to help businesses operate smarter and grow faster by connecting and optimizing sourcing, purchasing, supply chains and financial management, Coupa...
Xero, a global small business platform, will enhance its accounts payable (AP) capabilities for its U.S. customers through a new partnership with BILL, a financial operations platform for small and medium-sized businesses (SMBs). This partnership will bring a bill pay solution from BILL directly into...
Swiss financial institution Klarpay has debuted a financial solution for entrepreneurs. The company’s Entrepreneur Accounts are designed for business founders, ultimate beneficial owners and senior managers who are already Klarpay customers, the firm announced in a Tuesday (Feb. 27) news release. “Klarpay’s Entrepreneur Accounts provide...
Mesh Payments has announced the integration of its global card and spend management solution with NetSuite OneWorld, an enterprise resource planning (ERP) solution for multi-subsidiary management. This integration enhances global spend management by streamlining intercompany transfers and syncing transactions across multiple entities, Mesh Payments said...
A $200 trillion opportunity beckons to digitize and modernize payments flowing between consumers, B2C and especially B2B transactions. Chris Newkirk, Global Head of New Flows, Commercial & Money Movement Solutions at Visa, told Karen Webster that everyone expects to encounter the low-to-no-friction mobile experiences that...
In a market as highly fragmented as the global jewelry industry, sourcing precious stones can be an extremely difficult undertaking for retail buyers. Jewelers typically need to contact various sellers, often with no guarantee of available stock. And even when they find what they need,...
B2B payments platform BVNK announced that its electronic money institution (EMI) license is now live in Europe. The move is expected to enhance the company’s ability to support its customers and expand its operations in the region, BVNK said in a Wednesday (Feb. 21) news...
Fraud is a costly and common problem in payments. In B2B payments, both of those elements are scaled up to a degree that is impossible to ignore. To a bad actor, the big-ticket transactions that power global commerce are an attractive target. The B2B landscape...
Andrew Stewart, director of global card and comprehensive payables at Bank of America, said there has been a seismic shift in commercial (B2B) payments. He noted that there has been a doubling in B2B payments made via cards — not just in terms of volume,...