Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. Get the Full Story Complete the form to unlock this article and enjoy...
Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. With a combined $43.3 million in VC funding for the sector, B2B FinTechs...
New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient bank accounts, a report from Yahoo Finance says. Get the Full Story Complete the form to unlock this article and...
Chinese policymakers have been trying to multi-task between fighting pandemic-related economic damage and fueling a new debt bubble from recent spending, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
U.K.-based specialty bank Oxbury will use ClearBank’s cloud banking platform to help farms and food producers access U.K. payment schemes and B2B advantages, a press release from ClearBank says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. This week’s commercial card innovation roundup includes initiatives in areas like employee expense and small business credit, but some of the...
Corporates of all sizes and verticals are taking an introspective look at internal operations to pinpoint areas of opportunity for working capital optimization. Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy...
