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...
Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its growth trajectory to support the nearly 50 million immigrants in the U.S. The fresh infusion of capital was led by...
An Indian federal agency has reportedly conducted searches at some PayU and Paytm locations, with the latter being owned by One 97 Communications. The agency, the Enforcement Directorate (ED), is the country’s financial crime fighting agency, Reuters reported Wednesday (Sept. 14), citing CNBC-TV18. A Paytm spokesperson...
Cross-border payments service provider LianLian Global announced Wednesday (Sept. 14) that it is offering the world’s first cross-border payments guarantee to China. The feature was added to the company’s recently-launched international digital wallet, according to a press release. LianLian Global said the new policy offers...
