B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.
Flatpay Raises $16 Million for Flat-Rate POS Technology
Flatpay Raises $16 Million for Flat-Rate POS Technology
June 26, 2023  |  Point of Sale

Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and...

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Finance Automation Platform Ramp Acquires AI Startup Cohere.io
Finance Automation Platform Ramp Acquires AI Startup Cohere.io
June 26, 2023  |  artificial intelligence

Finance automation platform Ramp has acquired artificial intelligence (AI) startup Cohere.io. This acquisition will bring generative AI to finance, which will help automate workflows, improve customer experiences, and...

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Odoo Receives $164 Million to Expand Business Software Suite Globally
Odoo Receives $164 Million to Expand Business Software Suite Globally
June 26, 2023  |  Investments

Odoo has received a strategic investment of 150 million euros (about $164 million) to continue its global expansion. The Belgium-based provider of open-source integrated business...

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UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
June 26, 2023  |  Investments

TreasurySpring has secured $29 million to grow its fixed-term fund (FTF) platform. The firm plans to increase its headcount by 50%, adding to its product, sales and marketing...

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Digital Platforms Look to Speed Logistics Sector Innovation
Digital Platforms Look to Speed Logistics Sector Innovation
June 26, 2023  |  Shipping

The industrial economy’s iceberg of institutional inertia is showing signs of melting. New tools and platforms that can streamline and digitize shipping and logistics processes,...

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Late Payments Push More Businesses Toward AP Automation
Late Payments Push More Businesses Toward AP Automation
June 26, 2023  |  Accounts Payable

Business-to-business (B2B) payments are the lifeblood of the modern economy, with businesses spending trillions of dollars on merchandise, services and other goods from their vendors...

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New B2B Tech Reshapes Buyer-Supplier Dynamics While Unlocking Working Capital
New B2B Tech Reshapes Buyer-Supplier Dynamics While Unlocking Working Capital
June 23, 2023  |  B2B Payments

Need a penny, take a penny has never quite flown in the B2B world. Now, contemporary buyer-supplier dynamics are being continually reshaped against the backdrop...

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FreedomPay to Integrate Visa’s Network Tokenization Capabilities
FreedomPay to Integrate Visa’s Network Tokenization Capabilities
June 23, 2023  |  Partnerships

FreedomPay will integrate Visa’s network tokenization capabilities with its own global identity and tokenization framework. This integration will enable network tokens across card brands, help merchants remain compliant with...

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Humanoid AI Robots Step Out of SciFi and Into the Service Economy
Humanoid AI Robots Step Out of SciFi and Into the Service Economy
June 22, 2023  |  Artificial Intelligence

Are we entering the age of the machine? As sci-fi-styled hardware and futuristic software advance together nearly in step, observers could be forgiven for wondering...

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