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Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification

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Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP integrations, FortisPay acquires Swype and Goldiam launches a B2B eCommerce platform in the U.S. Singapore Grants eDoc Firm xSuite Peppol Certification for Invoices.

B2B 55
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VCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices

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This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing platform MarketInvoice. The company will also focus on customer acquisition and enhancement of its machine learning use, reports said.

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The Lasting Impact Of Corporates’ Mistrust Of The Cloud

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Mainly, large enterprises that weren’t ready to implement cloud-based ERP systems instead decided to have top providers like Oracle and SAP develop customized, on-premise solutions. One accountant may be working with revenue teams, while another is working with billing and invoicing.

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For Improving Financials, Putting Big Data Into Context Is Key

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A report by SAP published last September found that 74 percent of corporates surveyed acknowledged that agility is limited because of the size of their data landscape; 86 percent admitted they know they aren’t getting the most out of the data available within the enterprise. That complexity has corporates missing out on money.

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Payments Heavyweights Dig Heels Deeper Into Commercial Cards

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This week’s Commercial Card Innovation Tracker finds the biggest names in the industry, as well as FinTech newcomers, stepping in to drive further adoption of the corporate card. American Express commercial cards have been a staple for many corporates over the years. American Express Debuts AP Tool. Now, with $10.2