article thumbnail

Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Plus, Everlink strikes a partnership for real-time B2B payments. Bloomberg To Incorporate Credit Risk Data. They can also assess ongoing credit quality. 2) announcement.

article thumbnail

The Diamond Industry Polishes Its B2B eCommerce Strategy

PYMNTS

The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of bottlenecks and inefficiencies that plague other markets. A B2B eCommerce Evolution. B2B eCommerce operations, dubbed Jewel Fleet.

B2B 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

While the B2B payments category was not the subject of its initial announcement, partner Lance Fenton told PYMNTS that he sees tremendous opportunity in the sector. One of the best things about B2B payments is it can work across verticals. Fenton said Serent has an advantage in understanding the healthcare vertical. “In

B2B 79
article thumbnail

B2B eCommerce Tips The VC Scales

PYMNTS

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. See all of the latest B2B fundraises below. FunBox works with other lenders to underwrite financing to self-employed, small merchants and new-to-credit customers, reports said. SaaSOptics. Clix Capital.

B2B 51
article thumbnail

In B2B, Ness Looks For Just The Facts With Big Data

PYMNTS

For SMBs — and especially firms operating in the B2B arena — the movement to embrace Big Data is one that must happen sooner rather than later. The movement toward the cloud has simplified embracing new technologies but only somewhat, as the options tied to Big Data, in terms of methodologies and platforms, have grown as well.

B2B 41
article thumbnail

Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce

PYMNTS

According to a report in ZDNet , Westpac said that “a mix of technology and human error” and “deficient financial crime processes” were behind the financial institution’s (FI’s) lack of compliance with anti-money laundering (AML) regulations. Westpac said it identified three drivers of compliance failures, ZDNet reported.

Banking 75
article thumbnail

nanopay: The Global Middleman For Payments

PYMNTS

Now, customers in those countries can use the platform to send money to each other and have all the complex cross-border and compliance components handled by nanopay. First, a middleman removes the credit risk. Second, it removes the currency risk. If the exchange rate fluctuates, banks can lose U.S.