Remove B2B Remove Compliance Remove Foreign Exchange Remove Invoicing
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How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

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While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.

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B2B eCommerce Tips The VC Scales

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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. million in the B2B eCommerce startup, MENAbytes reports said. SaaSOptics. Clix Capital. Both Greensill and SoftBank declined to comment.

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FinTechs Expand Open Banking Opportunity For Banks

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German banking platform Mambu has announced a collaboration with TransferWise to enhance banks’ cross-border payments and foreign exchange management operations, the companies recently revealed. FAB Teams Up For Digital Invoicing. TransferWise Integrates With Mambu.

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

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Preserving trade flows of particular importance in the healthcare sector today, with cross-border B2B payments essential to this effort. Paving Way For Faster B2B Payments. In all cross-border B2B payment scenarios, transparency is also critical to promoting efficiency. to multiple vendors in China to facilitate PPE procurement.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

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From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. Visa Says Frictionless B2B Payments Are The Future; Rails Must Adapt To New Use Cases.

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Expense Management Digs Deeper Into Corporate Ground Transit

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The B2B ground transportation segment also has to cater to the differing corporate cultures around the world. Mac acknowledged a “learning curve” when entering into such an ecosystem of differing rules, language barriers and foreign exchange demands — the latter of which can also significantly complicate the expense management process.

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iBanFirst On The Future Of Cross-Border Payments

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Even for companies in markets with robust correspondent banking operations, high and hidden bank fees , foreign exchange volatility, and a lack of speed and visibility into the status of a transaction have all opened up opportunities for FinTechs in the cross-border business payments market to address these points of friction.