Amazon is expanding its Community Lending program to reach more sellers. Launched as a pilot last year in partnership with minority-led community development financial institution (FI) Lendistry, the program supports “urban and rural small businesses in socially and economically distressed communities through short-term loans at...
Canadian blockchain technology company Stablecorp has announced the beta launch of a personal and commercial payments and treasury management platform that is powered by blockchain infrastructure. Dubbed Grapes Finance, the platform enables Canadian individuals and businesses to access foreign exchange (FX), payment and yield analytics...
Embedded business finance platform Liberis has secured 140 million British pounds (about $154 million) in financing to expand its funding program for small- to medium-sized businesses (SMBs). The financing, from Barclays Bank and BCI Finance, brings Liberis’ total funding to 350 million pounds (about $$387...
Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, capital advance, B2B eCommerce payments and payment tech for accounts receivable (AR) management. Plus, Billtrust says it’s been sold in a $1.7 billion deal. Partner Hub, Answer Pay Team on...
Chicago-based Byline Bank has signed with Tassat Group to use the blockchain-based platform TassatPay to give the bank’s B2B customers access to real-time payments at any time and with no limits on transaction size or volume. Tassat, which provides private, blockchain-based B2B real-time payments and...
Oracle NetSuite has debuted NetSuite AP Automation, a product designed to help companies address time-consumer accounts payable processes. “The only solution that embeds banking services into a cloud enterprise resource planning (ERP) system, NetSuite AP Automation helps organizations improve profitability by making it easier and...
Payments-as-a-service platform Answer Pay and online invoicing service and technology provider Partner Hub have joined forces to make it easier for banks to offer their customers request-to-pay and eInvoicing services. The partnership pairs Answer Pay’s request-to-pay service, available in the United Kingdom and the Single...
Aiming to help eCommerce merchants that have established their businesses and are now looking to expand, PingPong Payments and Uncapped have partnered to enable PingPong customers in Europe to get a capital advance from Uncapped. The new partnership agreement for lending services brings together the...
Even amid the great digital shift and the overall trend of invoice automation, companies — specifically accounts payable (AP) teams — are suffering from PDF fatigue. Routable CEO Omri Mor told Karen Webster that many companies seeing an increased demand for payouts — thousands of...
