eCommerce firms clearly are looking to expand their businesses across borders in a turbulent world. Geopolitical tensions, including the ongoing war in Ukraine, create supply chain disruptions. Ongoing supply chain constraints because of demand exceeding supply are stubbornly persistent even as business hedges its bets...
For more than 3,000 years, the agriculture industry has been doing business manually. It started with stone tablets and still clings to last millennium’s paper documentation. That ancient legacy makes it one of the toughest to digitize. “It’s the world where IBM has a real...
Today in B2B payments, shipping is in the spotlight as service providers discuss their solutions to different aspects of this supply chain challenge. X Delivery CEO Mark Lavelle suggested businesses should think of shipping as a “deal closer,” while TradeLens reported it has brought together...
Shipping costs have traditionally been taken for granted as an expense the buyer needed to bear. In consumer markets, that presumption has fallen by the wayside. In the wake of the pandemic, the shift to delivery from in-store shopping proved persistent, and free shipping has...
Today in B2B payments, investors are helping two B2B platforms in their plans for growth. Kenyan AgriTech startup iProcure has secured new funds to support its expansion into Uganda and Tanzania, while logistics software company Trusted Dispatch has received investment to grow its solutions for...
Now, now, now — that’s the chorus coming from companies when it comes to payments, and that demand is fueling progress in real-time payments. It is not only one of the major trends for 2022 but promises to take on increased importance in 2023 and...
Like many FinTech companies, Indian eCommerce platform ShopX was once a high flyer. The company, backed by Infosys Co-founder Nandan Nilekani and Fung Investment, has raised over $54 million and was valued at over $100 million during the last round. Nilekani alone invested $18 million. But the...
C2FO and Vic.ai have partnered on an artificial intelligence (AI)-powered invoice acceleration solution that they say will help enterprise customers reduce payment cycles for their supply chains. The solution makes use of C2FO’s global platform for working capital, and Vic.ai’s AI for autonomous accounting and...
Saying it’s supporting businesses that are facing supply chain challenges and the rising cost of capital, finance automation platform and corporate card provider Ramp has added an option that lets businesses finance invoices on terms of 30, 60 and 90 days. This new option is...
