Today in B2B payments, Trullion talks corporate finance data silos, and Visa Business cardholders secure a cash flow management tool. Plus, Revolut expands in the U.S., Quadient acquires Beanworks, and Bolero debuts its trade finance solution for banks.
Trullion Talks Unlocking Data To Usher Corporate Finance Into An Unsiloed Future
Revolut Expands Its Digital Banking Services In The US
Revolut, the British FinTech company that bills itself as a “financial super app,” announced on Monday (March 22) that it would begin operating in all 50 U.S. states. The company said in a news release that it had submitted its draft application for an American banking license while also launching Revolut Business throughout all 50 states. The application was submitted to the FDIC and California Department of Financial Protection and Innovation, the first step toward getting a U.S. banking license.
Finagraph Offers CashFlowTool For Visa Business Cards
Quadient Purchases AP Tech Firm Beanworks
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Quadient has inked a definitive deal to purchase accounts payable (AP) automation technology company Beanworks, according to a Monday (March 22) announcement. “The acquisition of Beanworks completes Quadient’s software vision communicated in early 2019 to create a true end-to-end cloud-based global business communications platform,” Quadient CEO Geoffrey Godet said in the announcement.
Bolero Launches Digitized Trade Finance Solution For Banks
Cloud-based trade finance digitization firm Bolero International has launched a Trade Finance Platform-as-a-Service (TPaaS) offering called Galileo TPaaS for Banks, which will be the first white-labeled, as-a-Service trade portal for the industry, according to a press release. The solution will work with the Bolero network in order to let trade clients execute transactions for all bank partners and from the all-in-one portal Bolero offers, the release stated.
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