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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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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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Boost Payment Solutions, GHX Team To Ease Healthcare Organization Payments

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is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. Commercial cards have become an effective cash management solution, especially during the pandemic’s disruptive effects on how organizations choose to pay and hold cash.

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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

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TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. BAMFi was founded in 2012 and offered cash management and working capital solutions for transportation, construction, oil and gas, and temporary staffing service providers. The company was recently ranked 121 on the 2019 Inc.

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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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