PYMNTS

SEPTEMBER 20, 2018

The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC). Asia is a particularly strong area of blockchain innovation, according to PwC, which predicted in its report that China will outpace the U.S.

Corporate Finance 75

Corporate Finance eCommerce Healthcare Finance 75

PYMNTS

APRIL 17, 2018

The technology conglomerate, which is the world’s largest smartphone and semiconductor maker, is exploring a blockchain-based ledger system to manage its international supply chain. The unit is reportedly looking into deploying a blockchain solution for Samsung Electronics. “It

Transportation 55

Transportation Manufacturing Technology Planning 55

PYMNTS

JUNE 27, 2018

This week, Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), which is already a part of several blockchain alliances including Hyperledger and R3 , announced a collaboration with energy conglomerate Repsol to co-develop blockchain solutions for joint corporate customers. Banks didn’t have all the blockchain fun this week, however.

Restructuring 63

Restructuring Currencies B2B Banking 63

PYMNTS

JULY 8, 2020

Trulioo , the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as global conglomerates.

Compliance 56

Compliance Education Budgeting Leverage 56

PYMNTS

NOVEMBER 17, 2020

For example, suppose a huge global consumer packaged goods (CPG) conglomerate wants to introduce a new shampoo. The Track BPS is an evolution from the strategy of owning the underlying rails upon which money moves, according to James Anderson , executive vice president of Global Commercial and B2B Solutions.

B2B 128

B2B Accounts Payable Accounting Technology 128

PYMNTS

FEBRUARY 3, 2020

Two of Australia’s largest conglomerates have faced significant backlash in recent weeks due to their use of reverse factoring, also known as supply chain finance, a tool that has opened up a broader conversation about the impact of such financing solutions on lengthening supplier payment terms. and Canada.

B2B 52

B2B Invoicing Restructuring Finance 52

PYMNTS

JANUARY 15, 2019

” In its Corporate Finance Priorities report, published this month, Citi Global Perspectives & Solutions (GPS) dove into an array of macro- and microeconomic factors forcing changes in corporate finance practices, including ongoing trade disputes and economic uncertainty.

Mergers and Acquisitions (M&A) 46

Mergers and Acquisitions (M&A) Corporate Finance Finance Economics 46

PYMNTS

NOVEMBER 6, 2018

Technology developed by Bloomberg is now being used by Shell ‘s Foreign Exchange Central Treasury unit to interconnect the fuel conglomerate’s operating units across 22 markets, the companies revealed Monday (Nov. Shell acquired a minority stake in the U.K.-based

Treasury 53

Treasury Foreign Exchange Auditing Startups 53

PYMNTS

NOVEMBER 21, 2018

investors and Chinese insurance conglomerate Ping An Insurance Group, according to unnamed sources. A few weeks later, in August, Basware announced the addition into its solution of NetworkPay, which supports B2B payments for companies receiving eInvoices via Basware. Bloomberg reported on Tuesday (Nov.

Mergers and Acquisitions (M&A) 51

Mergers and Acquisitions (M&A) SAP B2B Valuation 51

PYMNTS

JANUARY 17, 2019

It’s also about accounting for the industry in which a business operates, and what kind of back-end systems are already in place, even geographic location — all of which impact the way small businesses want to manage and pay their employees. ” In the U.S., ” In the U.S., ”

Compliance 69

Compliance Technology Marketing Accounting 69

PYMNTS

AUGUST 29, 2018

Shipping and logistics conglomerate UPS has launched an online platform providing warehousing-as-a-service for corporate customers. The enterprise targets online merchants in need of shipping and logistics services, and will supplement UPS’ existing eCommerce solutions for small- and medium-sized online retailers.

eCommerce 40

eCommerce B2B Leverage Securities 40

PYMNTS

JANUARY 16, 2019

Whereas traditional trade finance and supply chain finance solutions remain banks’ top priorities in the coming year, those tools will become less of a focus for financial institutions (FIs), giving way to other strategies to promote international trade. However, there is a shift emerging in the trade finance landscape.

Finance 54

Finance Banking Economics B2B 54

PYMNTS

JUNE 13, 2019

Open source blockchain technologies and developer sandboxes have made the creation of proprietary enterprise solutions, built on DLT, easier than ever — in theory. For example, corporates often go it alone when creating a blockchain solution, and that lack of a central intermediary can make it difficult for companies to find guidance.

Corporate Finance 73

Corporate Finance B2B Leadership Technology 73

PYMNTS

AUGUST 9, 2018

IBM and shipping conglomerate A.P. An array of companies has signed on to use the solution, dubbed TradeLens, the companies said this week, and participants go beyond buyers and sellers. According to IBM and Maersk, the solution will be ready to emerge from piloting by the end of the year.

Finance 41

Finance Technology Planning B2B 41

PYMNTS

FEBRUARY 4, 2020

Tools like virtual cards (v-cards) and vendor payment optimization solutions, can address friction on both ends of a B2B transaction. But Greehan wasn’t the only industry executive to highlight the opportunity for v-card data to bridge the gap between AP and AR. Buyer-Supplier Cash Flow Management.

Accounts Payable 52

Accounts Payable B2B Invoicing Finance 52

PYMNTS

MAY 30, 2018

The beauty industry brought in more than $445 billion in sales in 2017, marking 5 percent growth over the year before. The industry is booming, and consumers who shop for beauty products have no shortage of brand options in stores and online. Beauty Buyers Go Digital. Using Data to Build New Personalization Products.

Startups 44

Startups Sales eCommerce Technology 44

PYMNTS

NOVEMBER 14, 2018

The payroll industry — and its biweekly or monthly pay schedule — hasn’t changed in decades. ” On-demand payroll is not entirely new, but recent revelations in the pitfalls of payday lending and overdraft fees have opened up a broader market for this kind of payroll solution. In the U.S.,

Education 58

Education Forecasting Banking Technology 58

PYMNTS

JANUARY 6, 2020

At the onset of Industry 4.0 , the drive toward supply chain digitization is fueling massive investments in Internet of Things (IoT), smart sensors and connected devices. According to Woo, Walmart reflects the retail sector’s particularly large interest in supply chain modernization and push to participate in Industry 4.0.

Investments 57

Investments Currencies Technology Retail 57

PYMNTS

JANUARY 18, 2019

While that characteristic can be an argument for why it is imperative that B2B commerce goes digital, it’s also one of the biggest reasons why the industry is struggling to make progress. These solutions are a far cry from the EDI-powered B2B eCommerce portals of today. The technology first emerged in the 1970s.

B2B 78

B2B eCommerce B2C Communication 78

PYMNTS

JULY 3, 2020

Artificial intelligence (AI) platform Pactum, which offers a B2B solution for corporates to automate and optimize commercial negotiations and contract management, secured a $3 million seed funding round led by Germany’s Project A, while DocuSign and previous backers also participated. With a combined $43.3

B2B 64

B2B Manufacturing eCommerce Prioritization 64

PYMNTS

MAY 18, 2018

A $7 million Series A financing round for digital identity startup Cambridge Blockchain was announced this week, with Taiwan-based manufacturing conglomerate Foxconn leading the investment through its funding unit. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments.

B2B 53

B2B Investments Startups Reconciliations 53

PYMNTS

MARCH 9, 2018

Even as a telecommunications conglomerate, it’s hardly surprising that Comcast is jumping into the world of blockchain. Beyda sees significant potential for blockchain solutions in a variety of markets. “We’ve Sometimes a database is a better solution.”.

Startups 43

Startups Advertising Technology Communication 43

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. But there is a new shakeup ahead for the industry, according to some analysts, and the force behind the movement is a big one. We’re starting to see that.”.

Currencies 43

Currencies Banking eCommerce Technology 43

PYMNTS

DECEMBER 1, 2016

In September, the technology conglomerate said blockchain is headed for mainstream adoption, predicting that towards the end of 2017, 15 percent of top banks around the globe will be running solutions built on distributed ledgers. IBM has been vocal about its support for and faith in blockchain technology in recent months.

Finance 46

Finance Manufacturing Technology Banking 46

PYMNTS

SEPTEMBER 10, 2019

Those are significant propositions for the fleet industry, with giants like Amazon and Uber Freight investing in autonomous vehicle technology to disrupt ground logistics. At the time, neither Amazon nor Embark provided comments to CNBC, which reported on the claims of their collaboration. Payments Come Into Play.

Transportation 53

Transportation Investments Technology eCommerce 53

PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. In an interview with PYMNTS’ Karen Webster, Visa Head of Global Business Solutions Kevin Phalen said the acquisition of Fraedom addresses one piece of the complex puzzle of B2B payments friction. “I

B2B 75

B2B Accounts Payable Investments Accounting 75

PYMNTS

MARCH 13, 2020

High-profile corporate collapses and questionable invoice discounting programs run by major conglomerates has led financial officials in the U.K., Esqueda said he’s seeing trade credit insurance providers pulling back from the oil industry as travel restrictions and coronavirus fears suppress demand and dampen prices.

Finance 69

Finance Invoicing Accounts Payable B2B 69

PYMNTS

JANUARY 31, 2018

Finastra , the FinTech conglomerate formed last year via the merger of Misys and D+H, is expanding through yet another M&A deal. The company will now integrate its eFX capabilities of Finastra’s FusionCapital Treasury suite of solutions, which enables treasurers to manage FX positions in real time. “As

Mergers and Acquisitions (M&A) 40

Mergers and Acquisitions (M&A) Foreign Exchange Treasury Banking 40

PYMNTS

DECEMBER 23, 2019

construction giant Carillion collapsed, but the saga continues to send shockwaves throughout the global construction industry. Small businesses are the fabric of the construction industry,” he said. It’s really fantastic for the industry that so much investment is starting to go into this, and it compounds.

Construction 52

Construction B2B Investments Technology 52

PYMNTS

MARCH 7, 2018

Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. Blockchain is now an official word in the Merriam-Webster dictionary.

Transportation 64

Transportation Nonprofit Technology Currencies 64

PYMNTS

SEPTEMBER 15, 2016

As trade finance has gained the confidence of many industry analysts, Barclays reportedly made a “ world first ” with its successful completion of a trade finance transaction using blockchain technology. bank processed a letter of credit between Irish food conglomerate Ornua and Seychelles Trading Company.

Problem Solving 76

Problem Solving Startups Compliance Finance 76

PYMNTS

MAY 20, 2016

Beanstream USA launched on Thursday (May 19) to provide Software-as-a-Service, offering businesses a payment processing solution to make and receive payments. The company said it services small businesses, as well as large conglomerates. Today, we are pleased to expand our portfolio of innovative solutions to our partners in the U.S.,

B2B 40

B2B Marketing eCommerce Retail 40

PYMNTS

MAY 2, 2018

IBM is no stranger to blockchain, and the technology conglomerate has several distributed ledger projects in the works. Together, the companies are testing a blockchain micro-lending solution that would broaden food vendors’ and farmers’ access to capital. Vendors accessed that capital via their mobile phones. percent to 7.57

Credit Risk 48

Credit Risk Finance B2B eCommerce 48

PYMNTS

JANUARY 13, 2020

With so many trade finance solutions available, from supply chain financing to factoring, it can be difficult and confusing for businesses — namely, small businesses — to understand which is appropriate for their needs. “Factoring should never replace a bank. That’s last-resort lending,” she said.

Finance 56

Finance B2B Invoicing Compliance 56

PYMNTS

JULY 23, 2019

China’s banking regulator is introducing stricter requirements on banks and insurance institutions that provide supply chain financial solutions in an effort to curb fraud, according to China Daily reports last week. JD.com, Suning.com Spark Concerns. for Finance and Development’s Deputy Director Zeng Gang in an interview with China Daily.

Finance 51

Finance Banking Accounts Payable Accounting 51

PYMNTS

JUNE 24, 2019

Some of the world’s largest conglomerates are raising concerns about an impending economic recession in the U.S., Forty-two percent of small businesses polled don’t currently use a back-office accounting software solution , ScaleFactor found. ” KeyBank researchers agreed. Twenty-four percent of U.K.

Finance 46

Finance Economics Invoicing Accounting 46

PYMNTS

SEPTEMBER 8, 2016

Among the copious potential use cases for blockchain, trade finance has gained the confidence of many industry analysts. The transaction was made via SWIFT infrastructure, reports said, and included the transmission of a letter of credit between Irish food conglomerate Ornua and Seychelles Trading Company.

Finance 40

Finance Startups Banking Technology 40