News

B2B Payments
Business Banking On The Docket As Open Banking Progresses
April 13, 2021

Corporate banking is clearly on the docket for the latest initiatives in open banking and bank-FinTech collaboration. Banks in the U.K. and Europe continue to embrace the framework, but partnerships in the U.S. (and a new fundraise for Plaid) signal continued interest in how the...

B2B Payments
Trade Finance Searches For A New Way Forward
April 13, 2021

The collapse of Greensill Capital was an uncomfortable reality check for the trade finance industry. While the supply chain finance firm’s downfall can be attributed to several factors, including a reported lack of transparency within the organization, it also speaks to its true technological capabilities...

B2B Payments
ShoreTrade On Reducing Risk By Implementing Speedy B2B Payments
April 13, 2021

The seafood supply chain is undergoing a sea change worldwide — with sellers no longer willing to accept standard 90-day payment terms. In the Global B2B Payments Playbook, Mark Esterhuizen, chief operating officer at digital seafood platform ShoreTrade, explains how digital B2B payments are pushing...

IPO
Grab To Go Public At Colossal $40 Billion Valuation
April 13, 2021

Grab, Southeast Asia’s biggest technology platform, announced on Tuesday (April 13) that it will merge with the special purpose acquisition company (SPAC) Altimeter to go public, Reuters reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Bringing Corporate Cash Management Into The Digital Future
April 13, 2021

Banks have not always been the most technologically forward-thinking organizations out there. Go back in time a short four or five years and start throwing the term “cloud computing” around and the response would more likely be blank stares or frowns than any kind of...

Bitcoin
Bitcoin Daily: MicroStrategy To Pay Non-Employee Directors With Bitcoin; Coinbase Eyes $100 Billion Valuation In...
April 12, 2021

MicroStrategy, a major backer of bitcoin, has said as of this week that its non-employee directors will now get fees for their services in bitcoin, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Unifiedpost Buys crossinx For Better O2C Processes
April 12, 2021

Cloud-based small to medium-sized business (SMB) platform Unifiedpost has announced its acquisition of crossinx, in order to help boost its order-to-cash (O2C) and procure-to-pay solutions, a press release said Monday (April 12). Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
DocuPhase Buys Clearwater For B2B Payment Processing Boost
April 12, 2021

DocuPhase has completed its acquisition of Dallas-based cloud-based electronic payment solution Clearwater Payments, according to a press release on Monday (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fintech Investments
AppZone Announces $10 Million Series A Toward Finance Digitization
April 12, 2021

Pan-African software provider AppZone has announced the closure of a $10 million Series A round, a press release said on Monday (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...