The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much of the world’s economy. But even two decades and a handful of years into the 21st century, much of that...
American Express is rolling out a business credit card in Nigeria, its first such product in the country. The card offers business owners a spending limit of $10,000 and a repayment period of up to 45 days for international transactions, and comes as a result of...
Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two companies will come to an agreement, and another potential buyer could emerge, Bloomberg reported Thursday (May 9),...
In November 2000 the Nasdaq was at the 6,000 mark, just starting to shed the internet companies that had been overvalued and would eventually lead to the bursting of the internet bubble. Amazon’s stock price at the time was $1.25. And in this environment, it...
May 09, 2024
The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and delayed payments in the construction space cost businesses $273 billion in 2023 — representing nearly 14% of total construction costs, up from 12% in 2022. Partly to blame is the construction sector’s […]
May 07, 2024
Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn inflation and strict access to...
May 06, 2024
Data integrity and technology that provides flexibility are key for businesses in a dynamic market, Boost Payment Solutions CFO Mariana Lamson writes in the new PYMNTS eBook, “The Implications of...
May 04, 2024
Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy...
May 09, 2024
AppDirect has acquired Builtfirst, saying this will further its aim to become “the premier destination for marketplace solutions.” The acquisition adds Builtfirst’s self-service marketplace platform technology to AppDirect’s suite of solutions focused on its business-to-business (B2B) commerce platform, the companies said in a Thursday (May 9) press release. “This acquisition provides an immediate pathway for Builtfirst customers […]
May 09, 2024
American Express is rolling out a business credit card in Nigeria, its first such product in the country. The card offers business owners a spending limit of $10,000 and a repayment...
May 09, 2024
Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two...
May 08, 2024
Trimble has acquired Flashtract to add construction payment, compliance and lien waiver capabilities to its connected construction technology ecosystem. Flashtract’s technology streamlines the flow of payment and compliance information between construction general contractors and subcontractors,...
