PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Canada and India.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

MARCH 8, 2017

With hundreds of billions of dollars changing hands each year, B2B banking and payments is a big, big deal. According to industry research, the B2B payments industry moves roughly $550 billion each year, making up roughly half of the $1.2 Enter the new PYMNTS.com B2B API Tracker™. trillion global payments market. .

B2B 76

B2B Foreign Exchange Construction Cash Management 76

PYMNTS

DECEMBER 13, 2017

and will provide cash management services for such corporate customers. This platform is an important differentiator for Santander — and one that is going to be instrumental in improving the client experience and empowering clients in ways that help them manage their money and their workflows more efficiently.”.

Cash Management 42

Cash Management Treasury Corporate Finance Communication 42

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Around The B2B API World. Other banking integrations seek to revamp B2B payments.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

JANUARY 30, 2017

In the second annual survey conducted by C2FO focused on corporate treasurers based in Europe, responses showed that 75 percent of the 100 respondents wanted to invest in technology tied to trade finance. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. From pre-Series A funding to late-stage investment rounds, ranging from a modest $1 million to the week’s high point of $88 million, backers showed their versatility. In all, nearly $200 million went to B2B startups this week.

B2B 70

B2B Treasury Startups Cash Management 70

PYMNTS

SEPTEMBER 20, 2017

JPMorgan Chase is the latest financial institution to team up with a B2B payments FinTech. 19) announced news that JPMorgan is partnering with Bill.com to integrate its B2B payments technology into its own Chase platforms early next year. It’s not JPMorgan’s first FinTech partnership in its effort to boost B2B services.

B2B 50

B2B Invoicing Cash Management Accounting 50

PYMNTS

DECEMBER 26, 2018

Jolly, head of finance and channels global transaction services at Bank of America Merrill Lynch in an interview with PYMNTS for a previous edition of the PYMNTS.com B2B API Tracker. “It “I think for our industry, APIs are a very positive innovation,” said Hubert J.P.

B2B 70

B2B Treasury Banking Startups 70

PYMNTS

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.

B2B 65

B2B Cash Management Invoicing Securities 65

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. The company now operates in the U.K.,

eCommerce 142

eCommerce Finance B2C B2B 142

PYMNTS

AUGUST 16, 2020

Axle , which works in cash flow for the freight and logistics industry, has raised $27.7 million in a funding round, which it intends to go toward continuing the company’s work in automating processes and boosting cash management, according to a press release.

Finance 79

Finance B2B Cash Management Economics 79

PYMNTS

JANUARY 15, 2019

million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. and U.S.,

Securities 57

Securities Treasury Cash Management B2B 57

PYMNTS

OCTOBER 14, 2019

Headquartered in Helsinki, Enterpay’s automated invoicing payment solution works to optimize the payment process for B2B eCommerce companies, allowing them to increase profitable customers via improved credit scoring and automated invoicing. Finnish invoicing company Enterpay announced that it has closed a €1 million ($1.1

Invoicing 46

Invoicing B2B Risk Management eCommerce 46

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. investments last year.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

DECEMBER 3, 2020

But innovations in B2B payments and other corporate workflows like liquidity and cash management among the FinTech community have opened the door for a new era of corporate banking – one in which organizations are no longer willing to settle. The Drive To Upgrade. Connectivity Is Key.

Banking 105

Banking B2B Cash Management Technology 105

PYMNTS

JUNE 10, 2020

Bank features will allow freight carriers new B2B payment options such as a new dashboard for better receivables visibility and a way to pay invoices much quicker, according to a June 10 press release.

Invoicing 52

Invoicing Banking Cash Management Auditing 52

PYMNTS

JULY 24, 2017

Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses. Kyriba also identified market volatility in both the currency and political markets, as well as “rampant fraud and increasing regulatory requirement” that are pushing businesses to adopt cloud-based cash management solutions.

B2B 46

B2B SAP Profit and Loss Forecasting 46

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. The investment now values Automation Anywhere at $2.6 Automation Anywhere. million raised, U.K.-based

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. This in the wake of the OCC’s Sept.

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

PYMNTS

JULY 2, 2020

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. Optimizing Card Spend. Finding the Win-Win Scenario.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

JUNE 10, 2016

New investment rounds reached from Australia to the U.K. in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. million investment deal with another U.K. The investment comes in the form of a $4.3 million in equity investment. online lender, Satago.

Startups 40

Startups B2B Invoicing Finance 40

PYMNTS

JANUARY 11, 2021

Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.

Treasury 79

Treasury B2C Prioritization Healthcare 79

PYMNTS

OCTOBER 17, 2017

In B2B payments, it’s not just the movement of money that’s a pain point for companies — it’s the tracking of that payment and the ability to reconcile those transactions that can be a major headache for both payers and payees. In addition to the joint solution, Visa also revealed it has made a strategic investment in Billtrust.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

JUNE 21, 2018

But a company’s interest and efforts to adopt new technologies does not always mean that all B2B payment processes are improved. Instead, new research suggests that the enterprise is embracing some tools and tech (but not all), and applying them to some aspects of B2B payments (but not all).

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

DECEMBER 11, 2019

Those pain points expand far beyond the retailer’s walls, too, as these businesses are forced to figure out how to utilize high volumes of cash to make payments to their B2B suppliers. Traditionally, B2B commerce is conducted over the phone and via email. An Emerging Late Payments Problem. “Sometimes they forget.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

FEBRUARY 13, 2019

12) said Solomon spoke at a Florida conference hosted by Credit Suisse, and delved into Goldman’s plans to expand its corporate services, including cash management, and diversify its customer base. You can move the needle over a period of time with reasonable investments,” he said. Reports in Reuters Tuesday (Feb.

Marketing 46

Marketing Cash Management Finance Investments 46

PYMNTS

DECEMBER 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

Accounts Payable 49

Accounts Payable B2B Invoicing Corporate Finance 49

PYMNTS

SEPTEMBER 19, 2019

Not all that long ago, treasurers would take stock of cash positions at the start of the day … to the best that they could, since some banks might not report positions daily. Liquidity and cash investment plans would be made by 10 a.m. Cash management becomes a continuous process, throughout the business day.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

DECEMBER 5, 2019

Many of those pain points are, by now, well-known in the B2B payments space. Ingvoldstad highlighted top hurdles in employee spending, pointing to the “inconvenience” professionals face when employees are forced to use their personal cash and cards to make payments while on the clock, only to wait weeks for reimbursement.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

SEPTEMBER 30, 2020

As returns from cash management offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in 2020. Dignari Capital’s investment will work to grow access to various funding channels.

Finance 95

Finance Banking Forecasting Cash Management 95

PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. Cash flow burdens often come down to the benefits paradox. But it’s not the only B2B FinTech firm that secured new investments. B2B eCommerce. CloudCraze.

B2B 43

B2B Valuation eCommerce Investments 43

PYMNTS

JULY 19, 2018

Using API technology, customers can integrate Santander’s cash management solutions into existing ERP systems. The latest B2B industry tracker shows that these types of transactions are critically important to banks and other legacy financial institutions. In another example, Santander U.K.

B2B 46

B2B Cash Management Banking Leverage 46

PYMNTS

SEPTEMBER 4, 2018

Deutsche Bank’s report also pointed to liquidity management, investment, and cash application as some of the processes that benefit from faster payments and access to transaction data in real-time.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

NOVEMBER 3, 2017

“What used to be the case was the FI has two platforms — a consumer platform and a cash management platform.”. The cash management solution was built for larger enterprises and priced as such, the executive explained. And on the cash management side, it was too much of a product — and cost prohibitive,” said Malhotra. “So

Banking 43

Banking Cash Management B2C Treasury 43

PYMNTS

SEPTEMBER 28, 2020

Business clients of BNY Mellon will now have access to GTreasury's treasury management and payment technologies, which the bank said will provide enhanced visibility into financial positions and greater opportunity to use assets. In Italy, digital bank Illimity is investing in open banking through the acquisition of HYPE.

Treasury 81

Treasury Banking Cash Management Invoicing 81

PYMNTS

JULY 6, 2018

In a press release , Banco Santander revealed it would implement iGTB’s Intellect Payments Services Hub (IPSH) into its Santander Corporate & Investment Banking unit. Businesses can monitor incoming and outgoing payments and gain access to operational controls, the firms explained.

Cash Management 43

Cash Management Banking Investments Technology 43

PYMNTS

DECEMBER 12, 2017

“Most businesses and accountants still rely on antiquated, paper-based methods to manage some stages of their process,” he said in an emailed interview with PYMNTS, pointing to the continuing popularity of checks and wire. About 44 percent of payments received are in the form of a paper check too, the report noted.

Accounting 44

Accounting Cash Flow Forecasting B2B Invoicing 44