PYMNTS

SEPTEMBER 1, 2020

However, cross-border payments could become ever more challenging as the network shrinks and becomes more concentrated across fragmented messaging formats, wires and domestic infrastructure. Harbour & Hills has launched a B2B payments gateway in China, announcing earlier this year the acquisition of payments processor Global Envoi.

Banking 123

Banking Concentration Numbers Economics 123

PYMNTS

AUGUST 9, 2019

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. The company also offers B2B payment acceptance tools. The combined total is about $396 million for the week in VC funding. million tally. Cybereason. and affiliates.

B2B 46

B2B Accounts Payable Concentration Leverage 46

PYMNTS

NOVEMBER 3, 2020

3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. CPS will substantially enhance our B2B offerings and will bring us the opportunity to introduce REPAY’s solutions to new verticals, including education, government and media sectors.”.

Accounts Payable 56

Accounts Payable Reconciliations B2B Concentration 56

PYMNTS

JULY 13, 2020

Telehealth in its various forms is where much of the post-pandemic action is concentrated. As much as is being poured into retail healthcare, possibly more investment and innovation are concentrated on the prescription-drug market, a sector that’s forecast to hit nearly $360 billion in 2020. COVID-19 Is Taking Telehealth Mainstream.

Healthcare 87

Healthcare Concentration Startups Retail 87

PYMNTS

MARCH 5, 2019

Those smaller B2B operators “are not in the best position to be accepting and taking credit risks,” Sebastian Rymarz, chief business officer for Fundbox , told Karen Webster in a recent interview with PYMNTS. The risk can be devastating, especially if you have a lot of concentration” in one area, he said, riffing off the Munchery example. “The

B2C 63

B2C B2B Concentration Credit Risk 63

PYMNTS

OCTOBER 31, 2016

And in an interview with PYMNTS, Matt Clark, chief operating officer of Concentric, said that the acquisition was made as his firm has “found itself to be in a position as a consolidator” of firms with similar capabilities.

Invoicing 69

Invoicing Accounts Payable Concentration B2B 69

PYMNTS

FEBRUARY 19, 2020

Some firms focus on certain-sized companies, while others concentrate on specific verticals. But in the B2B case, he noted that there has been less automation. Venture capital (VC) and private equity firms, in general, have been investing in FinTech companies for years, and each firm has different specializations.

Concentration 60

Concentration B2B Investments Accounting 60

PYMNTS

JANUARY 22, 2021

Some key tools that emerged as most beneficial to treasurers included physical cash concentration, notional pooling and virtual account solutions. For instance, both cash concentration and notional pooling can enable a treasurer to understand an end-of-day cash position.

Treasury 103

Treasury Concentration Currencies Banking 103

PYMNTS

FEBRUARY 26, 2020

Our clients deserve industry-leading services that allow them to freely and fully concentrate on the success of their core business, without worrying about ever-evolving fraud,” said Liikamaa, Enfuce co-founder and chair. With ARIC Risk Hub, we remove that worry.

Banking 90

Banking Concentration Startups eCommerce 90

PYMNTS

MARCH 28, 2019

FinTech Fundbox said on Thursday (March 28) that it is expanding its partnership with Synchrony , the consumer financial services company, to make B2B credit available to the latter’s merchant client base. The market opportunity for those who would serve the B2B commerce market is huge — in Rymarz’ words, “it’s larger than life.”.

B2B 52

B2B Invoicing Concentration Finance 52

PYMNTS

JUNE 6, 2018

based customer for the service will be Income Group, which is a payroll-focused payment provider concentrated on paying employees in real time. Mastercard Send launched three years ago and, as noted in this space at the end of last month, initially started with a P2P focus and now has gone on to embrace other use cases, including B2B.

Accounting 55

Accounting Banking Concentration B2B 55

PYMNTS

MAY 19, 2020

The group, which has been focusing on further digitizing the bank’s processes during the global pandemic, will now have a new initiative headed by Sandeep Arora , global head of FinTech and Innovation with Citi Markets, with concentration on “delivering and building the best client digital experiences, across all product lines and all channels, with (..)

Concentration 80

Concentration Banking Investments Marketing 80

PYMNTS

OCTOBER 12, 2016

Whatever the reason, total fund flows were $285 million for the week, with B2B coming up at 64 percent of that tally. As of late it has been the FinTech sector dominating investments, so this time around, we can see that payments firms in the B2B arena grabbed the spotlight. Want to save 50 percent on your energy bill?

B2B 69

B2B Concentration Investments Technology 69

PYMNTS

OCTOBER 5, 2017

According to Starling Bank Founder and Chief Executive, Anne Boden, corporate banking and business lending is a market that has been “highly concentrated with a few big players for too long.” In an interview with the publication, Anne Boden also offered a few details about what the B2B service will look like.

Banking 40

Banking Planning Concentration B2B 40

PYMNTS

APRIL 25, 2019

Management pointed toward traction in B2B offerings and contactless payments. Kelly said Europe is showing “good momentum,” and noted that Visa has a concentration in markets such as the U.K., In terms of headline numbers, the $1.31 in adjusted earnings per share outpaced the $1.24 that analysts had expected. Total top line was $5.5

B2B 50

B2B Currencies Concentration Forecasting 50

PYMNTS

NOVEMBER 22, 2016

“As banks concentrate on providing overdrafts to large businesses, SMEs have had to look elsewhere to support their short-term funding needs,” the executive stated. Ford pointed to the recently launched Bank Referral Scheme as an initiative that could help small businesses, too. “The referral scheme will leverage the U.K.’s

Banking 70

Banking Concentration Invoicing Finance 70

PYMNTS

SEPTEMBER 7, 2020

SMEs remains a highly concentrated industry, with the majority of business current accounts (BCAs) still provided by a small group of the largest banks,” Fouracre said, according to the press release. They will work with Countingup's long-time partner PPS, which works in processing, banking technology and issuing.

Concentration 66

Concentration Accounting Banking Finance 66

Global Finance

JULY 26, 2024

By building digital ecosystems together with their B2B distribution partners, large corporates in LatAm are transforming the way they reach and engage with their end customers, who are often small mom-and-pop stores that remain unbanked,” Bobo continues.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

OCTOBER 1, 2018

Bitcoin’s processing operation is highly concentrated within a handful of miners in China — which is getting more concentrated now, since the price of bitcoin has crashed and fewer players can afford to keep the lights on (literally, since bitcoin processing requires a massive amount of electricity).

Currencies 85

Currencies Concentration Financial Systems Leverage 85

PYMNTS

AUGUST 5, 2020

The result is a shift in T&E and expense management technology providers focusing on making the expense report more automated, agile and real-time concentrated to usher in a new phase of the market in which the expense report no longer exists at all. ”

SAP 79

SAP Concentration Entertainment Invoicing 79

PYMNTS

JANUARY 23, 2020

The main barrier blocking instant payments’ path to ubiquity in B2C and business-to-business (B2B) is the stubbornness of cash and check payments. Shrinking that gap is going to require concentrated efforts from instant payment providers if they wish to reach ubiquity. The staying power of checks and cash.

B2C 56

B2C Healthcare Concentration Entertainment 56

PYMNTS

MAY 29, 2018

The Guardian reported that the committee has also found that public works contacts are too keenly concentrated in the hands of a few firms. In individual company news, Tradeshift , the supply chain management company, is boosting B2B efforts through Tradeshift Pay.

Construction 40

Construction Concentration B2B Invoicing 40

PYMNTS

JANUARY 15, 2021

AspireHR says that digitized SAP Concur offerings that are based on the cloud in the new telecommuting environment can cut down on process-related work and assist staffers in concentrating on the tasks that their companies brought them on board to perform.

SAP 56

SAP Invoicing Concentration Education 56

PYMNTS

JANUARY 11, 2021

Pilot Company CEO Shameek Konar said in the announcement that the company is concentrated on offerings that provide “savings, efficiency and convenience” to the fleets that it serves.

Concentration 54

Concentration Accounting Sales Transportation 54

PYMNTS

NOVEMBER 5, 2019

The company is instead going to concentrate on its cross border business-to-business payments solution. Nanu told Bloomberg Nium will concentrate its efforts on cross-border payments and go after an electronic money institution license in Mexico and Brazil. So far, no one else has backed out.

Banking 40

Banking Concentration Startups eCommerce 40

PYMNTS

OCTOBER 29, 2018

In addition to this B2B service, the company also offers subscriptions directly to consumers. TAO Connect licenses its services to colleges, universities, hospitals and medical networks, which then make the service available to the students or patients they cover.

B2C 55

B2C Education Concentration B2B 55

PYMNTS

AUGUST 25, 2016

Doing so, the company said in its announcement, means “cross-border transactions and multi-entity cash will be concentrated in one place.” According to ING, Virtual Cash Management is a way for corporate money managers to use virtual IBAN bank accounts that link to a single account.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40

PYMNTS

MAY 1, 2018

Much of that was concentrated in India, which, along with China, holds the continent’s only unicorns so far this year. One of the nation’s most recent B2B FinTechs to land funding is Fyle, a small business expense management company that landed $1.1 million from Pravega Ventures, Beenext and Freshworks.

B2B 40

B2B Microsoft Office Concentration Compliance 40

PYMNTS

AUGUST 13, 2018

A business’ existing relationship with corporate buyers and vendors, as well as B2B payments behavior, makes a difference to buyers. A business that has its B2B relationships concentrated to a single vendor can also jeopardize a firm’s attractiveness to a buyer. “Now is a good time to sell.

Marketing 40

Marketing B2B Concentration Sales 40

PYMNTS

DECEMBER 4, 2019

In another statement, WePay VP of Marketing Jennifer Lewis said, “Small businesses want to concentrate on growing their businesses, but often get bogged down with backend operations that take a lot of their time. .” JPMorgan Chase’s integrated payments business, WePay , will enable the payments processing integration.

Invoicing 52

Invoicing Concentration Forecasting Compliance 52

PYMNTS

JANUARY 24, 2019

This has given rise to certain questions, which range largely around concerns of concentration, need for competition, and the resultant impact on economic efficiency and financial stability,” the bank said. Among the dominant players: UPI, IMPS and others.

Concentration 62

Concentration Banking Leverage Retail 62

PYMNTS

FEBRUARY 1, 2021

Also, the collaboration will see Enigma rolling out its new Merchant Revenue Trends product, which will see exclusive access to revenue trends, transaction volumes and customer concentration at over 20 million businesses. These businesses are making investments to adapt to our new reality, yet they still struggle to access credit.

Analyzing Data 49

Analyzing Data Concentration Technology Numbers 49

PYMNTS

JUNE 15, 2020

In particular, businesses are trying to move away from “single-buyer concentrations,” while upping demands for cash payments as well as “requests for letters of credit, payment guarantees, self-insurance and the adoption of credit insurance,” the report found.

Invoicing 52

Invoicing Concentration Numbers Marketing 52

PYMNTS

AUGUST 12, 2016

Both B2B and B2C disbursements are dominated by checks but are headed toward a formation of networks that will adapt constantly, along with tech innovation and new requirements across mobile money and credit cards and other payment methods. billion unbanked and underbanked people in the world, with concentration in developing nations.

B2C 40

B2C Concentration B2B Currencies 40

PYMNTS

APRIL 29, 2019

“Most of the decline [in optimism] was concentrated in assessments of current conditions in the national economy, but future economic prospects remain at the same level as last quarter,” explained University of Michigan Institute for Social Research’s Associate Professor Dr.

Analyzing Data 67

Analyzing Data Concentration Economics Finance 67

PYMNTS

NOVEMBER 26, 2019

With innovation in mind, EMIs [electronic money institutions] have to not just concentrate on business development, but also dedicate enough resources to stay compliant with the regulatory protocols in place,” he said.

Compliance 73

Compliance Concentration Restructuring Banking 73

PYMNTS

MARCH 8, 2019

The company introduced business banking services last year after initially coming onto the market as a retail banking disruptor, pointing to a “highly concentrated” corporate banking sector “with a few big players for too long,” according to Starling Bank Founder and Chief Executive Anne Boden.

Concentration 47

Concentration Banking Planning Securities 47