PYMNTS

JUNE 15, 2020

GTreasury , a treasury management system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

PYMNTS

SEPTEMBER 22, 2020

The feature can connect to more than 11,000 financial institutions (FIs) and retains security through multifactor authentication and tokenization, Acumatica explained. clearing bank ClearBank is introducing multicurrency bank accounts for businesses to move funds based on foreign exchange prices in real time. In the U.K.,

Banking 110

Banking B2B Foreign Exchange Currencies 110

PYMNTS

JUNE 13, 2019

Remittence technology firm WorldRemit is stepping into the cross-border B2B money transfer market with the launch of WorldRemit For Business, reports in Africa News said Wednesday (June 12). financial services company to secure money transfer licenses in all 50 U.S. Last year the company became the first U.K. states, with the U.S.

B2B 49

B2B Marketing Foreign Exchange Investments 49

PYMNTS

NOVEMBER 22, 2019

However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena. Funding Xchange secured $10.3 Finland’s Enfuce announced more than $11 million in new funding for its B2B financial services offerings, with Maki.vc

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) B2B Foreign Exchange Startups 43

PYMNTS

MAY 24, 2016

Barclays recently announced the companies picked for its Tel Aviv accelerator program, according to reports, and while officials at the banks touted a focus on payments security, the bank has also targeted corporate payments in its startup batch.

B2B 56

B2B Startups Foreign Exchange Pharmaceutical 56

PYMNTS

MARCH 5, 2019

WorldFirst is looking to expand its B2B payments position through an acquisition of CurrencyVue, the company said on Monday (March 4). CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. .

B2B 43

B2B Foreign Exchange Risk Management Invoicing 43

PYMNTS

JANUARY 13, 2017

CSI Kick Start, a FinTech incubator operated by corporate payments company CSI globalVCard, said it has officially kicked off its second year of searching out B2B payments innovators. The company said Thursday (Jan.

B2B 49

B2B Foreign Exchange Accounts Payable Startups 49

PYMNTS

OCTOBER 21, 2016

It was another stellar week for B2B FinTech startups, which announced a collective $191.8 Funding rounds this week were all about the startups that help businesses get paid faster, through more channels, more securely, regardless of geographical location. B2B Payments. PayCommerce. ” SME Banking. .” IbanF irst.

B2B 77

B2B Startups Foreign Exchange Investments 77

PYMNTS

OCTOBER 4, 2019

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

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

MAY 1, 2018

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. The vast majority (91 percent) said they used the Bacs system to make their B2B payments, though half said they used SWIFT more than four times a month.

B2B 47

B2B Invoicing Foreign Exchange Pharmaceutical 47

PYMNTS

AUGUST 25, 2016

PayPal has only recently launched its B2B payments services through a few partnerships aimed at facilitating invoice payments. Now, the company is taking a solo approach to the space with the rollout of a new service aimed squarely at freelancers and B2B sellers. Reports on Wednesday (Aug. Reports on Wednesday (Aug. “PayPal.Me

B2B 40

B2B Foreign Exchange Invoicing Accounting 40

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. Below, find the latest in B2B venture capital funding. FinTech gearing up to launch small business banking services. Back Office. Buckzy Payments.

B2B 55

B2B Banking Foreign Exchange Startups 55

PYMNTS

OCTOBER 23, 2019

It’s the reason why paper checks remain a constant in B2B payments: Although businesses may not particularly like them, organizations already know how to send, receive and reconcile them. B2B innovators have a choice when they decide to search for a better way to move money between corporates. Work With What You’ve Got.

B2B 40

B2B Accounts Payable Foreign Exchange Treasury 40

PYMNTS

AUGUST 14, 2020

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. B2B eCommerce sales in the U.S. alone are expected to hit $1.2 trillion by 2021.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

OCTOBER 22, 2019

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

B2B Foreign Exchange Accounts Payable Banking 41

PYMNTS

MAY 13, 2020

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.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

JULY 10, 2019

Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform. Custom remittance information can be sent directly back to the foreign vendor, while the service also supports custom reporting for a buyer’s own back-office processes.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

DECEMBER 15, 2019

Workers in the bank’s foreign exchange team allegedly brought tens of millions of pounds to the bank by rigging exchange rates between 2010 and 2014. Discovery of the scheme happened while the bank was investigating a different foreign exchange rigging scandal. The bank recently reached a $4.9

Foreign Exchange 52

Foreign Exchange Banking Securities Numbers 52

PYMNTS

JULY 9, 2020

This week’s examination of the latest initiatives to target B2B payments friction from the ground up finds a mix of strategies. In a statement, Nium Global Head of Commercial Payments Sanjiv Razdan said that it is particularly important today for companies to have this B2B payment flexibility and a solution to optimize working capital.

B2B 77

B2B Foreign Exchange B2C Banking 77

PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. How B2B Sellers Overcome International AR Challenges. trillion worth of sales by 2024. About The Playbook.

Invoicing 63

Invoicing Foreign Exchange B2B Accounts Payable 63

PYMNTS

JULY 8, 2016

With nearly $50 million in venture capital funding for B2B startups this week, the field didn’t fare too bad. Cross-Border B2B Payments. “It can take days for the money to reach its destination, and the transfer and foreign exchange fees are excessive and often prohibitive to SMEs.” ” Logistics.

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

MARCH 31, 2020

There are risks on all sides of a B2B transaction in the agriculture industry. While delayed B2B payments can be a challenge for any industry, the farming sector faces particularly challenging bottlenecks. Goods must be closely evaluated for quality, a process that can be slow and severely delay the release of funds.

B2B 75

B2B Foreign Exchange Finance Prioritization 75

PYMNTS

DECEMBER 21, 2020

According to CardUp CEO Nicki Ramsay , the solution adds benefits to commercial card usage, such as security, better control and visibility over expenses. Ramsay said she believes the new B2B facility and its status as a registered Visa BPSP will help the businesses benefit from more flexible payment options.

B2B 70

B2B Foreign Exchange Accounts Payable Invoicing 70

PYMNTS

MARCH 1, 2016

seeing the greatest value of investments — with China and Germany also securing massive deals, too. SoFi led the charge securing a $1 billion Series E round last August, just months after a $213 million round. deals were also joined by B2B companies. It amounted to about $12.5 reigned supreme. investments last year.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

MARCH 11, 2016

B2B funding is far from consistent. million to B2B startups. Still, B2B startups continue to land on VCs’ radars. foreign exchange payments company FairFX scored nearly $7.5 B2B eCommerce. Research released this week said Indian B2B startups are set to see a collective valuation of $50 billion by 2025.

B2B 40

B2B Startups Foreign Exchange Valuation 40

PYMNTS

JULY 8, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. Below, PYMNTS rounds up the latest in commercial card innovation as solution providers continue to drive up card usage in B2B payment scenarios.

Finance 52

Finance B2B Foreign Exchange Reconciliations 52

PYMNTS

JANUARY 7, 2021

The suite gives corporate treasury and finance professionals a new level of visibility into banking transactions and connections, with a security measure no matter where it's accessed. From [foreign exchange (FX)] to money markets and beyond, we will be offering easy access to innovative products and services from trusted Fides partners.”.

Finance 88

Finance Foreign Exchange Treasury Transportation 88

PYMNTS

JULY 29, 2016

With $95 million injected into B2B startups over the last week, venture capitalists had their purse strings loose. Reports on Tuesday (July 26) said Airwallex provides payment collection, foreign exchange, remittance and security settlement services through its integrated solutions offerings.

Startups 40

Startups B2B Foreign Exchange Banking 40

PYMNTS

DECEMBER 28, 2018

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.

Foreign Exchange 87

Foreign Exchange Banking Compliance Securities 87

PYMNTS

AUGUST 21, 2020

Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify. FXPress entered the market with a focus on cross-border payments and foreign exchange services. Beyond Payments Initiation. “But payments is just one side of the equation,” noted Conibear.

Finance 69

Finance Foreign Exchange Currencies Banking 69

PYMNTS

JUNE 7, 2018

CSI will deploy its CSI Paysystems payments platform into THG’s Energy Intelligence Software (EIS), a B2B service that enables businesses to manage utility data and invoices. “Providing easier, more secure automated payments, along with robust utility data analytics, is certainly part of that effort.”

Foreign Exchange 51

Foreign Exchange Invoicing B2B Education 51

PYMNTS

OCTOBER 28, 2019

API integration offers a way to streamline payments processing while providing access to transparent foreign exchange rates and associated fees. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).

Foreign Exchange 51

Foreign Exchange B2C Currencies B2B 51

PYMNTS

DECEMBER 10, 2020

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.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

AUGUST 6, 2020

Digital payments solution provider Payrailz has secured a reseller agreement with digital banking company Tyfone. The companies recently announced that Airwallex will wield Deutsche Bank’s foreign exchange (FX) services and integrate them via API into its own offering. Tyfone Connects FIs To Payrailz.

Banking 110

Banking Foreign Exchange Accounts Payable Technology 110

PYMNTS

JULY 9, 2019

In another solution aimed at bank account consolidation, Neo announced today (July 9) that it is expanding its foreign exchange services to include the launch of a multi-currency account after receiving clearance by the Bank of Spain. The FX Opportunity.

Foreign Exchange 60

Foreign Exchange Banking Currencies Reconciliations 60

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Still, investors placed more than $368 million into the space, often in the form of Series B rounds for a range of B2B players, including fleet management, small business (SMB) banking and global payments.

Foreign Exchange 67

Foreign Exchange Startups B2B Investments 67

PYMNTS

OCTOBER 22, 2020

A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates. We've suffered losses with the company. Treasury is in the middle of upgrading our FX infrastructure,” she said.

Healthcare 98

Healthcare Foreign Exchange Treasury Economics 98