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.

OFX Buys Canadian FX Firm Firma for $70M
OFX Buys Canadian FX Firm Firma for $70M
December 19, 2021  |  Partnerships / Acquisitions

International money service provider OFX Group Limited has announced an agreement to acquire Firma, a global foreign exchange service, a press release says. Get the...

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Pantera Tools to Launch Invoicing, Payments Processing
Pantera Tools to Launch Invoicing, Payments Processing
December 19, 2021  |  B2B Payments

Pantera Tools is rolling out its direct invoicing feature, which allows users to consolidate their business systems, according to a Saturday (Dec. 18) press release....

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Phone-as-a-Service Startup Everphone Rolls Out in US With Miami Headquarters
Phone-as-a-Service Startup Everphone Rolls Out in US With Miami Headquarters
December 17, 2021  |  Mobile

Berlin’s phone-as-a-service (PaaS) startup Everphone is readying for its launch in the U.S. with headquarters in Miami, Florida, one of the country’s fastest-growing technology hubs,...

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Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
December 17, 2021  |  Investments

Tiger Global Management LLC has jumped into the booming Pakistan startup market with an investment in small business-focused digital bookkeeping platform CreditBook, Bloomberg reported Friday...

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75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
December 17, 2021  |  Cryptocurrency

Financial institutions (FIs) are preparing for an anticipated surge in the usage of cryptocurrency, and competition among FIs angling to underpin businesses’ cryptocurrency payments is...

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Telematics, Software and Fuel Cards Streamline Fleets’ Fuel Tax Compliance
Telematics, Software and Fuel Cards Streamline Fleets’ Fuel Tax Compliance
December 17, 2021  |  Transportation

Anyone who has had to keep track of business travel for mileage reimbursement can understand the challenges faced by interstate commercial carriers. Get the Full...

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China’s Alibaba Sets $100B GMV Target
China’s Alibaba Sets $100B GMV Target
December 17, 2021  |  eCommerce

Chinese eCommerce giant Alibaba has set a $100 billion gross merchandise volume target for Lazada, its southeast Asian online marketplace. Get the Full Story Complete...

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Bakkt, BringMeThat.com Bring Crypto to Gig Economy 
Bakkt, BringMeThat.com Bring Crypto to Gig Economy 
December 17, 2021  |  Gig Economy

Digital asset marketplace Bakkt Holdings, Inc. on Friday (Dec. 17) partnered with food delivery service BringMeThat.com to stake its claim on the gig economy.  Get...

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Bottomline Technologies to Go Private Following $2.6B Sale
Bottomline Technologies to Go Private Following $2.6B Sale
December 17, 2021  |  Partnerships / Acquisitions

Payments and invoice management platform Bottomline Technologies will become a privately held company following a planned $2.6 billion acquisition by software investment firm Thoma Bravo....

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