In the contemporary eCommerce space, staying on top of expenditure can be a challenge that isn’t necessarily well-catered for by financial management tools imported from other sectors. For online retailers with international revenue streams, for example, financial management can involve multiple websites, currencies, payment methods...
Auditing and reconciliation services firm GETIDA has announced an investment from SIB Fixed Cost Reduction, a portfolio company of O2, a press release said. Kevin Flounders, CEO of SIB, commented, “GETIDA is one of the most exciting solutions that we have encountered in the e-commerce...
Regulators at the Federal Reserve reportedly grown impatient with Citigroup’s response to its complaints about the bank’s systems for preventing mistakes. The regulators have repeatedly met with executives of the bank and have cautioned them that it could take more actions if the bank doesn’t...
B2B eCommerce market Alibaba.com has rolled out its second annual small business grants program, a press release said Wednesday (Sept. 14). Called the Alibaba.com Manifest Grants Program, the $750,000 fund will promote innovation in U.S. small and midsized businesses (SMBs) and boost competition. The grants...
ECommerce order fulfillment provider PFS has set up a pop-up fulfillment center for SkinCeuticals, one of its L’Oréal brands, according to a Wednesday (Sept. 14) press release. PFS has provided SkinCeuticals with order management and payment processing services for its direct-to-consumer eCommerce channel, per the...
German accounts payable (AP) automation software provider Candis has reportedly raised $16 million in funding and said it will use the new investment to continue to expand. The platform has recorded 20 billion processed invoices — a ninefold increase in two years, Tech Funding News...
Today in B2B payments, LianLian Global adds a cross-border payments guarantee to China, while Maxio launches a one-stop solution for Software-as-a-Service companies’ billing and financial operations. Plus, B2B payments firm Bottomline buys Nexus Systems to extend into the real estate vertical. LianLian Global Offers Full...
Perhaps the most sought-after region in the world for cross-border sales today, the Asia-Pacific (APAC) region already represents appreciable sales cross-border sales volumes, and merchants are seeking solutions and strategies to grow that figure considerably. For the study “The Emerging APAC Opportunity,” a PYMNTS and...
Binance Founder and CEO Changpeng “CZ” Zhao reportedly said the European Union’s proposed regulation of cryptocurrency is “fantastic,” though he does have some reservations about it. Speaking Wednesday (Sept. 14) at the Binance Blockchain Week event in Paris, the crypto exchange leader said the proposed...
