Remove Currencies Remove eCommerce Remove Foreign Exchange Remove Reconciliations
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Asia Scores Big In B2B

PYMNTS

With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. “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.”

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New Friends Edition: Amazon, Amex, Santander, Ripple, BoA

PYMNTS

The new card partnership, however, is not Amex and Amazon’s first collaboration — they had previously worked together on an earlier initiative to enhance small businesses’ access to spend data when making purchases on Amazon Business, Amazon’s B2B eCommerce unit. The new card product will expand that functionality when it hits the market.