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BNY Mellon Partners With Early Warning Services For Faster Payment Times

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Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. Due to the real-time factor, fraud can be mitigated, the release states.

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Candex Raises VC To Help Businesses Pay For Gig Services With Blockchain

PYMNTS

B2B payments startup Candex announced $3.5 This can lead to the administrative costs associated with vendor management exceeding the cost of the vendor’s services. “It B2B payments is an increasingly attractive target for investors. million in new funding late last week.

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Netspend CEO On Making The B2B Pivot

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Changing course isn’t an easy thing for businesses to do, particularly when it's a big change like shifting focus from providing services direct to consumer (D2C) to taking on a B2B model. As Netspend continues to build out its B2B business, the company is seeing similar partnership opportunities springing up across multiple verticals.

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Inventory Strategy Drives The Rise Of ‘Micro-Warehousing’

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While eProcurement and vendor management technologies can help ease the friction, B2B trade doesn’t begin with the purchase order. Smith noted that this shift has emerged as more businesses seek data analytics and business intelligence capabilities within their inventory management operations. Driving Efficiency.

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