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Today In B2B: NeweggBusiness Adds Payment Terms; Deutsche Expands Cash Management Business

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Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments. 11) press release. 11) press release.

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India VCs Target SME Cash Management FinTech

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offers cash flow management for businesses. The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. B2B payments company Happay, which provides prepaid card solutions to employers for the purposes of expense management, also recently announced a reaction to demonetization.

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Citi Expands Reach Of AR Solution Payer ID

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The financial institution (FI) announced news on Monday (Nov. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe. Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe.

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Santander Launches Enterprise Payment Link

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The bank debuted its Santander Enterprise Payment Link (EPL) solution in a press release issued Monday (Nov. Santander Bank is rolling out a new corporate payments solution aimed at supporting visibility into business transactions via wire, ACH and check.

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Treasurers Remain Unfazed By Trade Tensions, Rate Hikes

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D&B published its report on Tuesday (Nov. Federal interest rate hikes were cited as the second most influential (chosen by 22 percent of survey respondents), yet more than one-third said interest rate increases will not impact their cash management practices.

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Corporate America Hinges On Presidential Election

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Small businesses are anxious, and there is evidence that large corporates’ cash management and investment strategies are also being shaped by political uncertainty. Small business employment, cash reserves and FinTech investment plans are all being shaped by this year’s presidential election.

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EU Treasurers Prepare For Incoming Bank Fees

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Reports Thursday (Nov. European corporate treasurers are ready to react to the threat of more bank fees on their corporate accounts, new analysis found. 17) by Euromoney explored how continually low interest rates are pressuring financial institutions in Europe to impose charges on corporate deposits.

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