Application programming interfaces (APIs) for payments orchestration can help businesses more easily add new capabilities to their tech stacks. APIs play a central role in payments orchestration because they bridge merchants and a multitude of payment service provider (PSP) options. Eighty-three percent of businesses consider...
B2B payment digitization came to the rescue during the pandemic, but it also can help businesses cope with humanity’s self-induced catastrophe, war. Ukraine is a poignant case in point. Companies there are using digital payments to keep doing business amidst the fog of war. Overall,...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Nigeria Implements 5% Mobile Services Tax Nigerian Finance Minister Zainab Ahmed announced a 5% tax in a statement outlining the country’s...
German regulators are reportedly considering whether Microsoft should fall within the scope of new competition rules, as they have determined several other big tech companies do. The country’s competition regulator may launch proceedings under Section 19a of the German Competition Act, POLITICO reported Thursday (Aug....
Today in B2B payments, Klavi has raised $15 million in a Series A investment to grow its open finance solution and develop new B2B finance products, and Klasha has added a former PayPal executive as CPO to help in its mission to transform African commerce....
Activewear producer Outdoor Voices is mulling putting itself up for sale, Bloomberg News reported, citing unnamed sources. An advisor is helping the company explore options and while selling the closely held business is one option, ownership could choose another course, Bloomberg reported. Another option is...
Open finance SaaS platform Klavi has raised $15 million in a Series A investment round to develop new B2B finance products. Founded in 2020, the company offers technology that generates insights from open finance data and offers products to businesses of any size, according to...
Many companies have embarked upon the journey to digitize B2B payments since the pandemic, but Reachdesk is an example of one that has only just begun. The firm, which enables B2B companies to deliver the “moments that matter” at scale through data-driven direct mail and...
Klasha has appointed former PayPal executive Ayman Jawhar CPO, saying his experience will help the company scale its B2B and B2C products for cross-border African commerce. Jawhar joins the San Francisco and Lagos, Nigeria-based technology company with 15 years of experience at PayPal, Miro, Prodigy...
