Spend Management/page/2 news and trends

Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
Business // January 15, 2025

Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking & Markets business. The global financial institution will also expand the alternatives investment team in its Asset & Wealth Management...

Neobanks Navigate SMB Market Potential and Regulatory Risks
SMBs // January 13, 2025

Neobanks have gained momentum with the promise of helping consumers shift their financial lives fully online — with digital onboarding, speedier account openings and competitive rates on deposits and other offerings — in direct competition with traditional omnichannel financial institutions (FIs). Those same attributes are...

Float Financial Raises $49 Million to Expand Business Finance Platform
Investments // January 13, 2025

Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian businesses. Together with a credit facility of 50 million Canadian dollars (about $38 million) the company announced in February 2024,...

This Week in B2B: Standards, Regulations and Next-Gen Back Offices
B2B Payments // January 09, 2025

The intersection of technology, leadership and regulation is reshaping B2B in profound ways. CFOs are stepping into more strategic roles, leveraging advanced tools to drive transformation. Meanwhile, technological integration is streamlining operations across sectors, from construction to travel. Most crucially, B2B payments continue to evolve...

Interviews & Exclusives
Get Ready for a New Buzzphrase: Autonomous Commerce

January 16, 2025
AI-powered innovation is reshaping B2B payments, but not all AI is created equally, Coupa Chief Procurement Officer Michael Van Keulen writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.”   At Coupa, we recognize that the current economic environment — characterized by volatility, structural shifts, uncertainty and margin erosion […]

Real-Time Data, Real-Time Decisions: The CFO’s New Reality

January 01, 2025
In an increasingly unpredictable global economy, the roles of chief financial officers (CFOs) and treasurers have evolved beyond traditional bookkeeping and balance sheets. Today, these professionals are at the forefront...

68% of CFOs See GenAI as Crucial for Financial Reporting

December 27, 2024
Generative artificial intelligence (GenAI) is gaining attention across industries, as 65% of firms say they are already using the technology. According to a PYMNTS Intelligence report, “Outlook 2025: CFOs Envision...

Amex Sees ‘Tremendous Growth’ in Virtual Cards for B2B Payments

December 18, 2024
Complexities breed inefficiency, as business-to-business (B2B) payments throughout their history have proven. But B2B payments should be simple, easy and secure. In an era when digital transformation is reshaping every...

Quick Reads
Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business

January 15, 2025
Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking & Markets business. The global financial institution will also expand the alternatives investment team in its Asset & Wealth Management business, according to a Monday (Jan. 13) press release. Both moves […]

Float Financial Raises $49 Million to Expand Business Finance Platform

January 13, 2025
Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian businesses. Together with a credit...

Shopline and Onramp Partner on Financing for US-Based Online Merchants

December 17, 2024
Shopline and Onramp Funds have teamed up to deliver flexible financing options to eCommerce businesses. With this partnership, U.S.-based online merchants using Shopline’s commerce services platform can access capital from Onramp...

Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank

December 12, 2024
Mesh Payments has selected SoFi Bank as its sponsor bank and continues to partner with SoFi Technologies-owned Galileo Financial Technologies as its longtime payments processor. This partnership integrates Mesh Payments’ expense and...