The “Real-Time Payments Tracker,” a collaboration between PYMNTS and The Clearing House, found that B2B buyers and sellers have a lot to gain from an instant payments rail — and a lot to lose if the United States doesn’t catch up to the rest of...
Construction industry-focused financial automation platform Briq has expanded its capabilities by acquiring India-based FinTech Swipez. Swipez automates billing and accounts receivable (AR), and its tools will be added to Briq’s existing ability to automate planning, payment and other financial workflows for construction companies, according to...
Financial services company Standard Chartered has completed what it called an industry-first test of the trade financing validation service from MonetaGo over the SWIFT payments system. Standard Chartered carried out this pilot to “mitigate the risks of duplicate trade finance fraud on a global scale,”...
The last two years may have exposed flaws in the way businesses conduct cross-border commerce, but there’s always room for improvement. In a recent conversation with PYMNTS, Boost Payment Solutions founder and CEO Dean Leavitt drove the fact home. Some businesses have embraced change more...
One of the top macro issues that consistently emerges in PYMNTS discussions with CFOs is the challenge of recruiting and retaining top talent. Data from the September edition of The Connected Economy™ Monthly Report sheds light on the state of the contemporary workforce that can...
Today in B2B payments, FLEETCOR acquires Plugsurfing to facilitate payment for electric vehicle (EV) charging in Europe, while TimePayment buys QuickSpark to combine the two companies’ tools for the vendor finance industry. Plus, Mesh Payments raises $60 million, while CashFlo raises $8.7 million. FLEETCOR Acquires...
CFOs of government contractors face different challenges than their peers at companies with a private sector customer base, but share many issues with those colleagues, according to Amy Wood, chief financial officer at Intelligent Waves. “The benefit to dealing with the government customer base is...
Customer relationship management platform HubSpot has launched new features and updates designed to deal with what it calls a “crisis of disconnection.” “Fundamental shifts in buyer behaviors have made it increasingly challenging for organizations to create meaningful connections with their customers,” the Boston-based company said...
Finance automation platform Mesh Payments has raised $60 million in new funding and will use it to expand its go-to-market (GTM) efforts and continue its product innovation. The new backing comes after the company tripled its revenue growth in the first half of the year,...