Today in B2B payments, CoreChain discusses blockchain’s value in B2B payments, and Canada’s Interac launches real-time business payments. Plus, Cross River Bank discusses financial institution upgrades, Zen raises new funding and Stampli launches an accounts payable partner program.
DeFi Preps For B2B Payments Disruption, Beginning With Data
Bank Security Experts Say Risk Of ‘Tool Sprawl’ And Overdoing It As Bad As Doing Too Little
For banks upgrading their security systems, the temptation to “rip and replace” should be avoided, PYMNTS’ On the Agenda panel agreed. Fastly Senior Vice President Dana Wolf, Cross River Bank Technology Chief of Staff Jesse Honigberg and Bank Independent IT Director Greg Solomon said that being tech-agnostic and keeping an open mindset are the keys to avoiding tool sprawl.
Interac Launches Business eTransfers For Real-Time Payments
AI-Powered Finance Startup Zeni Notches $34M In Series B Funding
Silicon Valley finance concierge startup Zeni raised $34 million in a Series B funding round led by Elevation Capital, with additional participation from new backers Think Investments and Neeraj Arora. Elevation Capital Founder and Managing Partner Ravi Adusumalli is also joining Zeni’s board.
AP Automation Firm Stampli Unveils Partner Program
The accounts payable (AP) automation platform Stampli launched a new partner program on Wednesday to allow its clients to expand their offerings. Designed for accounting firms, bookkeepers, resellers, consultants and enterprise resource planning (ERP) providers, Stampli said in a press release that the program will help these professionals “modernize their mid-market and enterprise clients’ invoice management process by bringing together accounts payable communications, documentation and payments with Stampli’s powerful AP automation.”
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