As financial service conglomerates and innovators move deeper into the B2B payments field, they’re finding a field of opportunity to disrupt clunky manual and legacy processes far beyond the accounts payable (AP) department. One of the biggest opportunities is in fleet payments, where cash and...
The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the global financial system, according to The Guardian. In fact, BIS said the boost in borrowing in recent years by businesses...
Credit and data analytics firm PayNet is launching an automated reporting solution for lenders to more seamlessly collect and analyze financial information on small business (SMB) borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Payments technology startup ConnexPay announced $7 million in Series A funding Thursday (June 27), as well as an expanded collaboration with Visa to reduce friction in accepting virtual cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
June was a busy month for cross-border payments — done across currencies and time zones, between consumers and corporates. Going by a simple perusal of headlines, cross-border was, has been and will be in the cross hairs of many a payments player, across many a...
Small business (SMB) accounting company FreshBooks is introducing a new feature to support recurring revenue automation for the services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Electronic Data Interchange (EDI) is a staple in the buyer-supplier relationship, enabling business partners to send data to each other electronically in a standardized format. The tool has been around for decades, but with supply chain digitization pressing full steam ahead, the ability for buyers...
Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the...
Mastercard is deploying its Masterpass technology for the first time in Turkey, collaborating with Coca-Cola Icecek to facilitate transactions between the beverage conglomerate and corporate buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
