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Robotics Process Automation Rakes In The VC Cash

PYMNTS

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Another nine-digit investment round was landed by a startup this week. Automation Anywhere.

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Banks Prep For Brexit-Induced Corporate Loan Defaults

PYMNTS

In anticipation, banks have reportedly extended credit to corporate clients early and have begun to sell insurance to mitigate the risk of foreign exchange (FX) volatility. ” Virgin Money owner CYBG has also been extending financing to its business clients in anticipation of Brexit, particularly to U.K.

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Is B2B FinTech Heating Up At The Wrong Time?

PYMNTS

Alternative finance, challenger banks and foreign exchange players collectively made up 46 percent of funding in the country, though none of these segments secured more than 20 percent of the backing. Corporate venture capitalists (CVCs) are rising stars among startups. investments last year.

B2B 40