Real-time payments continue to face an uncertain future in corporate and small business payments. Emerging real-time rails, as well as upgrades to current infrastructure targeting faster movement of funds, are efforts that today are viewed as essential to keeping pace with a rapidly evolving and...
MedPay, an Indian company that says it uses artificial intelligence to provide quick payments from health insurance companies to providers such as doctors or pharmacies, announced it raised $1.2 million in an early venture round. Get the Full Story Complete the form to unlock this...
The federal Small Business Administration is relieving banks of the work of reviewing applications for forgiveness of some government Paycheck Protection Program loans they made as part of 2020 COVID-19 relief efforts. Get the Full Story Complete the form to unlock this article and enjoy...
Some 208 small- to medium-sized businesses (SMBs) in China’s Yunnan province have conducted 638 international transactions using a blockchain platform developed by the government, CoinDesk reported, citing an article in the Chinese government-run Spring City Evening News. Get the Full Story Complete the form to...
Xepelin, a Chilean FinTech that provides an online financial services platform for small- to medium-sized businesses (SMBs), has raised $30 million in equity and another $200 million in credit facilities, TechCrunch reported. The platform is geared toward companies in Latin America. Get the Full Story...
Today in B2B payments, Behalf explores trade credit’s path to innovation, and Greenbox Capital acquires Level Up Funding. Plus, WLTH discusses optimizing corporate finance, India introduces a factoring bill and Evergande faces accusations of unpaid supplier payments. Get the Full Story Complete the form to...
B2B FinTech encompasses a broad array of technologies designed to optimize workflows for chief financial officers (CFOs) and other finance professionals, from payroll to procurement. But this week’s venture capital roundup placed B2B payments squarely at the center of investor focus with more than $250...
Unlike in consumer commerce, making purchases on trade credit has been a staple in B2B commerce for decades. Yet it’s only recently that trade credit has begun reframing itself as the B2B equivalent of the popular and rapidly expanding buy now, pay later (BNPL) model...
As B2B payments and commercial finance innovate, many products are beginning to blur the lines between the two financial tools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....