Today in B2B payments, The Clearing House streamlines data sharing, while Ledgermatch launches to digitize treasury management. Plus, Skyscend debuts its invoice management tool, NuORDER launches a B2B payment solution and Pilot raises funding for SMB back office modernization.
Ledgermatic To Boost Digitization Of Treasury Services
The team of digital market infrastructure specialists behind Custody Digital announced in a Tuesday (Jan. 26) press release the launch of Ledgermatic, which aims to help modernize corporate treasury solutions. The release says the tools “integrate seamlessly” with the tools already there for banking and ERP solutions.
Skyscend Rolls Out SaaS Offering For Invoice Management
Skyscend has launched its Skyscend Pay Software-as-a-Service (SaaS) offering, which harnesses artificial intelligence (AI) to remove friction in invoice processing and allow for smart, “context-aware” functionalities, according to a Tuesday (Jan. 26) announcement. “Digital transformation is touching all aspects of business in every industry,” Skyscend CTO Heera Garia said in the announcement. “At Skyscend, we are using cutting-edge technology such as AI, blockchain and [a] mobile-first approach to solving procurement needs.”
B2B eCommerce Platform NuORDER Unveils Payments Service
B2B online commerce technology company NuORDER has unveiled its NuORDER Payments offering. NuORDER brands can start taking credit card payments inside of their wholesale platforms without needing to process payments by telephone or go through a third-party payment gateway, according to a Tuesday (Jan. 26) announcement. “Digital payments [are] the norm for eCommerce, but B2B payments have been stuck in the dark ages for too long,” NuORDER Co-Founder and Co-CEO Heath Wells said in the announcement.
Pilot Raises $60 Million To Help SMBs Modernize Finances
Pilot, which provides back-office services for startups, has raised $60 million through a new Series C funding round, according to a press release. The round, headed up by Sequoia Capital, doubled the company’s total funding to $120 million, the release stated.
The Clearing House Rolls Out Data Sharing Evaluation For Apps, Aggregators
The Clearing House (TCH) has launched a new offering to make it simpler for data aggregators and financial apps to equip financial institutions (FIs) with assessment information to perform their own risk evaluation, according to a Tuesday (Jan. 26) announcement emailed to PYMNTS. The Streamlined Data Sharing Risk Assessment, which is offered by TruSight and KY3P® by IHS Markit, includes work developed via The Clearing House’s Connected Banking effort to simplify and standardize risk evaluations of financial apps and data aggregators.
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