What’s Hot In B2B

Revenues Grow While Profits Flat For Over Half Of US SMBs

Revenues Grow While Profits Flat For Over Half Of US SMBs
Revenues Grow While Profits Flat For Over Half Of US SMBs
January 06, 2020  |  SMBs

More than half of U.S. small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017,...

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UK Government Awards Contract Despite Contractor’s Bad Credit
UK Government Awards Contract Despite Contractor’s Bad Credit
January 06, 2020  |  B2B Payments

The U.K.’s Crown Commercial Service (CCS) announced that Britain’s biggest construction company Balfour Beatty would be hired, even though it was among major construction firms...

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Changes To Business Lending Underway At India’s PSU Banks
Changes To Business Lending Underway At India’s PSU Banks
January 06, 2020  |  B2B Payments

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. 3).  Get...

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Bookkeeping Platform Receipt Bank Raises $73M
Bookkeeping Platform Receipt Bank Raises $73M
January 05, 2020  |  B2B Payments

Digital bookkeeping platform Receipt Bank notched approximately $73 million in equity and debt in a Series C funding round, according to an announcement by global...

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KPMG, PwC, EY To Put $9B Toward AI, Data Tech
KPMG, PwC, EY To Put $9B Toward AI, Data Tech
January 02, 2020  |  B2B Payments

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to...

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Corporates Brace For Cloud Computing Accounting Changes
Corporates Brace For Cloud Computing Accounting Changes
January 02, 2020  |  B2B Payments

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., has released new guidance on computing costs for cloud computing to take...

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UK SMB Lending Challenger B-North Raises $2.6M
UK SMB Lending Challenger B-North Raises $2.6M
January 02, 2020  |  B2B Payments

U.K. startup B-North has raised £2 million (€2.34 million or $2.6 million USD) from existing and new investors through equity crowdfunding platforms Crowdcube and GrowthFunders, according to...

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Commercial InsurTech Bold Penguin Buys xagent To Expand B2B Range
Commercial InsurTech Bold Penguin Buys xagent To Expand B2B Range
January 02, 2020  |  B2B Payments

The commercial InsurTech Bold Penguin is acquiring excess and surplus brokerage tech platform xagent so it can scale service to insurance carriers, brokers and agents,...

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