B2B

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output.

Source: en.wikipedia.org

Payments Company Payroc Acquires East Commerce

Payments Company Payroc Acquires East Commerce
Payments Company Payroc Acquires East Commerce
January 14, 2022  |  Acquisitions

Global payments company Payroc has acquired East Commerce Solutions, a merchant service handling $2 billion dollars in annual processing volume, according to a Friday (Jan....

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Afreximbank’s Payment System Goes Live With 12 African Banks
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022  |  Cross-border Payments

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more...

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Indian Logistics Firm Shiprocket Acquires Rocketbox
Indian Logistics Firm Shiprocket Acquires Rocketbox
January 14, 2022  |  Acquisitions

Indian logistics fulfillment startup Shiprocket has acquired truck aggregator platform RocketBox to provide online retailers with cargo shipping solutions. Get the Full Story Complete the...

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Small Businesses Turn to Payments Tech to Address Persistent Problems
Small Businesses Turn to Payments Tech to Address Persistent Problems
January 14, 2022  |  Payment Methods

It’s a new year — time to turn over a new leaf as the problems of 2021 fade fully into the background. Wishful thinking, indeed....

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47% of Businesses Say the Pandemic Has Affected Their Payment Acceptance Capabilities
47% of Businesses Say the Pandemic Has Affected Their Payment Acceptance Capabilities
January 13, 2022  |  B2B Payments

Companies of all types have had to adjust quickly to pandemic-driven changes in how businesses and individuals shop and pay. Business-to-business (B2B) companies that have...

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NextSmartShip Forms eCommerce Deal With LyncMed
NextSmartShip Forms eCommerce Deal With LyncMed
January 13, 2022  |  Partnerships / Acquisitions

The eCommerce fulfillment service provider NextSmartShip announced Thursday (Jan. 13) it had formed a partnership with LyncMed, an eCommerce medical instrument platform. Get the Full...

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Legion Capital Debuts Nationwide Online Real Estate Lending Platform
Legion Capital Debuts Nationwide Online Real Estate Lending Platform
January 13, 2022  |  Real Estate

FinTech-enabled small and medium-sized business (SMB) private equity lending company Legion Capital Corporation on Thursday (Jan. 13) said it will expand its lending portfolio with...

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B2B Marketplace Aims to Simplify Nuts-and-Bolts Procurement Processes
B2B Marketplace Aims to Simplify Nuts-and-Bolts Procurement Processes
January 13, 2022  |  B2B Payments

The fastening products industry is complex, involving myriad back-order products, custom requests and specific documentation about test reports and compliance. Get the Full Story Complete...

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FundThrough Buys BlueVine Invoice Factoring Division
FundThrough Buys BlueVine Invoice Factoring Division
January 13, 2022  |  B2B Payments

FinTech FundThrough on Thursday (Jan. 13) announced it has acquired financial technology company BlueVine’s invoice factoring business, accelerating its strategic focus on embedded finance and...

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