Remove B2B Remove Compliance Remove Foreign Exchange Remove Securities
article thumbnail

Banking-as-a-Service Tops This Week's B2B VC Roundup

PYMNTS

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

B2B 91
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. million in the B2B eCommerce startup, MENAbytes reports said. SaaSOptics. ForwardLine Financial. Clix Capital.

B2B 51
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

Russian Central Bank Ends FX Competition

PYMNTS

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. The five companies — Forex Club, Alpari Forex, Trust Forex, InstaForex and TeleTrade — will see their licenses expire on Jan.

article thumbnail

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

PYMNTS

Preserving trade flows of particular importance in the healthcare sector today, with cross-border B2B payments essential to this effort. to China within only a few hours in order to secure a PPE shipment for healthcare providers. Paving Way For Faster B2B Payments. to multiple vendors in China to facilitate PPE procurement.

article thumbnail

Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker

PYMNTS

The financial institution or corporate client gets transparency into fees and foreign exchange rates as well as visibility of payment settlement. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. Customers can make payments via Bank of America’s SWIFT gpi solution.

article thumbnail

Deep Dive: Emerging Response To B2B, P2P Cross-Border Payments Pain

PYMNTS

This month’s Deep Dive explores the frictions currently afflicting the B2B cross-border payments and P2P remittances spaces, as well as the solutions being developed to accelerate transactions and reduce pain points. International B2B Payments Pains. Limited connections between FIs can cause delays and higher costs as well.

B2B 41
article thumbnail

Red Hat: Innovating Payments The Open Source Way

PYMNTS

This is where open source technology has typically come to the rescue, in particular containerization and container orchestration technology based on the Kubernetes ecosystem, which allows FSI players to secure, manage and scale horizontally their payment processing functions across different computing environments. 1: Security.