commercial payments

Visa Completes Pilot Test of CBDC in Hong Kong
Visa Completes Pilot Test of CBDC in Hong Kong
November 02, 2023  |  CBDC

Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....

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Amazon Business Enters BNPL Space With Affirm Partnership
Amazon Business Enters BNPL Space With Affirm Partnership
November 02, 2023  |  Buy Now Pay Later

Amazon Business is offering buy now, pay later (BNPL) services in collaboration with Affirm. Amazon Business started rolling out Affirm Thursday (Nov. 2) to eligible...

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75% of Millennials Don’t Trust Themselves to Buy Insurance Online
75% of Millennials Don’t Trust Themselves to Buy Insurance Online
November 02, 2023  |  Insurance

Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60%...

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Over 50% of Retailers Plan to Enhance AP Systems With Digital Investments
Over 50% of Retailers Plan to Enhance AP Systems With Digital Investments
November 02, 2023  |  Spend Management

In today’s rapidly evolving business landscape, firms are increasingly embracing digital advancements that can transform working capital management, streamline their accounts receivable (AR) and accounts...

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Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
November 01, 2023  |  Acquisitions

San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media...

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ORO Labs Raises $34 Million for Smart Procurement Workflow Platform
ORO Labs Raises $34 Million for Smart Procurement Workflow Platform
November 01, 2023  |  B2B Payments

Smart procurement workflow platform ORO Labs has raised $34 million in Series B funding. The firm will use the new capital to meet the demand for solutions...

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UK Financial Regulator Grants Mangopay E-Money Banking License
UK Financial Regulator Grants Mangopay E-Money Banking License
November 01, 2023  |  Commercial Payments

Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov....

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CRM Firm HubSpot Acquires B2B Intelligence Company Clearbit
CRM Firm HubSpot Acquires B2B Intelligence Company Clearbit
November 01, 2023  |  Acquisitions

Customer relationship management platform HubSpot is acquiring B2B intelligence firm Clearbit. This move aims to enhance HubSpot’s customer intelligence capabilities and enable its clients to grow with industry-leading...

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Mastercard and EedenBull Collaborate on SMB Spend Management Tool
Mastercard and EedenBull Collaborate on SMB Spend Management Tool
November 01, 2023  |  SMBs

Mastercard and EedenBull, a FinTech focused on digital payment management solutions, teamed up to introduce a card and spend management solution for small- to medium-sized...

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