PYMNTS

MARCH 29, 2018

Any FinTech operating in the procure-to-pay, vendor payments and accounts payable (AP) spaces can’t deny the fact that paper checks are a headache. But they also can’t deny that checks continue to make up about half of the supplier payments volume (in the U.S., The market should have a choice,” he said. “It

Checks 43

Checks B2B ACH Payments 43

PYMNTS

NOVEMBER 22, 2019

However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena. Finland’s Enfuce announced more than $11 million in new funding for its B2B financial services offerings, with Maki.vc leading the investment.

B2B 43

B2B FinTech Cross-Border Payments Payroll 43

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations. Chainalysis.

B2B 69

B2B Commercial Card Small Business Risk Mitigation 69

PYMNTS

JUNE 12, 2018

billion from its early investments in B2B FinTech, according to Forbes reports Monday (June 11). But the companies that secured early investments from Index Ventures are also operating in the B2B FinTech realm, showcasing the rising popularity of enterprise-targeting companies with investors. Its float could fetch $1 billion.

B2B 40

B2B FinTech Risk Mitigation PayPal 40

The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59

PYMNTS

JUNE 24, 2020

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Averse to the risk of change, the property and casualty (P&C) insurance arena has been resistant to embrace electronic payments when disbursing funds to claimants. Easing The Migration.

Business Continuity 114

Business Continuity Mitigation Risk Continuity 114

The Fintech Times

JULY 29, 2024

They invest in advanced cybersecurity protocols to safeguard sensitive information and employ AI-driven algorithms for continuous monitoring and risk mitigation. “Successful platforms prioritise proactive compliance measures and user education.

FinTech 69

FinTech Due Diligence Cybersecurity Risk Mitigation 69

PYMNTS

JULY 28, 2020

Offering eWallet and bill payment services, among others, Kabbage Checking aims to address SMBs that are “too often left out, overlooked and underestimated,” according to the company’s president, Kathryn Petralia, who added that SMBs need digital banking solutions “without sacrificing anything they expect from a bank.”

FinTech 111

FinTech Risk Mitigation Mitigation eWallet 111

PYMNTS

MARCH 20, 2020

But lenders themselves, even industry incumbents, are also quickly recognizing the potential that unlocking data has not only on improving the SMB borrowing experience, but on significantly improving their own internal operations, particularly when it comes to risk mitigation. ” The U.S.’s ’s Open Banking Path.

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

PYMNTS

JUNE 17, 2020

Today, B2B payment terms are in dramatic flux, while supply chain disruptions have led to bottlenecks that leave some vendors in short supply of cash. Broadening Risk Mitigation. As a result, grocers and other large corporate buyers, in many cases, accelerated their supplier payment terms to as soon as three days.

Finance 68

Finance Mitigation B2B Underwriting 68

PYMNTS

AUGUST 17, 2018

B2B FinTech is undoubtedly a hot spot for venture capitalists (VCs) this year. However, this summer, a different kind of B2B startup has captured investors’ attention. Cloud-based risk and auditing management provider AuditBoard raised $40 million in Series B funding, announced this week, led by Battery Ventures.

B2B 40

B2B Audit Risk Mitigation Blockchain 40

PYMNTS

JANUARY 28, 2021

When it comes to strengthening the B2B payment proposition, oftentimes, tackling friction for only one side of a transaction is no longer sufficient. As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers.

Innovation 61

Innovation Payer Cross-Border Payee 61

PYMNTS

AUGUST 15, 2019

As Peter Robinson, EuroCommerce payments adviser, told PYMNTS in the PSD2 Tracker, businesses are looking toward their card acquirers to fill the education gap. However, the watchdog said, p-cards and B2B transactions aren’t necessarily all exempt. “In However, that does not automatically exempt all B2B payments.

Payments 49

Payments Commercial Card Risk Mitigation Mitigation 49

PYMNTS

JULY 23, 2019

Tokyo Shoko Research, a Japan -based commercial database, has signed an agreement with SAP Ariba in the latter’s effort to strengthen its supply chain risk mitigation offerings. million Japanese companies to augment its SAP Ariba Supplier Risk solution, the companies said in a press release Monday (July 22).

Risk 47

Risk Risk Mitigation Payment APIs and Integration Database 47

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. “This combination increases data accuracy, and shortens payment cycles.” Going Further With Open Banking.

Automation 83

Automation Payment APIs and Integration B2B Accounts 83

PYMNTS

JUNE 24, 2019

Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp. In a press release , Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized businesses (SMBs).

Acquirers 51

Acquirers B2B Risk Mitigation Large Merchants 51

PYMNTS

NOVEMBER 19, 2018

NACHA’s Payments Innovation Alliance released a report with details from its first formal in-person meeting of the Faster Payments Playbook Project Team. The Faster Payments Playbook will give tools for financial institutions and business end users that will enable them to have a better understanding on faster payments.

NACHA 63

NACHA Faster Payments Risk Mitigation Payments 63

PYMNTS

JANUARY 31, 2019

Accelerated payments are taking off in several markets around the world, and NACHA’s latest figures demonstrate U.S. demand for faster payment capabilities, too. the Federal Reserve’s Faster Payments Task Force published a report last April urging the nation to review the current regulatory landscape.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. India landed on this week’s B2B venture capital board again on Tuesday, thanks to Schedulers Logistics. Supply Chain Management. Schedulers Logistics. LEAP India.

B2B 40

B2B Cybersecurity Risk Mitigation Finance 40

PYMNTS

NOVEMBER 10, 2017

Alternative small business lender Ultimate Finance is adding a new product to its offering built on Big Data and risk mitigation technologies. companies in the food and agriculture space, thanks to a drop on sterling value and delays in payment from these firms’ own corporate customers. 9), Ultimate Finance, based in the U.K.,

Finance 40

Finance Risk Mitigation Mitigation B2B 40

PYMNTS

AUGUST 23, 2017

Business intelligence company CubeLogic has announced its support for Trade Credit Insurance as part of an overall risk mitigation strategy. ” The company noted while it supported the use of Trade Credit Insurance, the tool should not be used as a replacement for broad risk mitigation strategies.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Risk Management 40

PYMNTS

MARCH 8, 2019

Through the partnership, Zurich Insurance Group will provide corporate customers with riskmethods’ supply chain risk identification and management technologies. The average value of late payments for each small to medium-size business (SMB) is estimated to be $21,000, the company said. coming from larger corporates.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

PYMNTS

JULY 22, 2019

The takeover of Switzerland-based STEPcom will enhance Canada-based Descartes’ current offering by adding STEPcom’s B2B supply chain integration solutions to its product suite. The takeover also presents new opportunities for Descartes to aggregate a broader range of supply chain data starting earlier in the B2B transaction cycle.

Risk Mitigation 46

Risk Mitigation B2B Agreements Mitigation 46

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. One startup, Colombia’s Portal Finance, also signals investors’ appetites for multitasking B2B FinTech startups.

Finance 46

Finance Risk Mitigation Underwriting B2B 46

PYMNTS

OCTOBER 23, 2020

"That process of gathering data and having your expert personnel evaluate it to determine that risk is definitely the biggest challenge.". Risk Focus In Flux. Pre-pandemic, cybersecurity risks among third-party partners like suppliers had been top priority. Thinking Ahead.

Risk 57

Risk Risk Mitigation Mitigation Cybersecurity 57

PYMNTS

OCTOBER 16, 2018

Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded supply chain of contractors and subcontractors adding hurdles in the financial supply chain.

Mitigation 64

Mitigation Payments Risk B2B 64

PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

SEPTEMBER 11, 2018

According to Jay Wissema, director of business development at cross-border payment solutions provider Volopa, recent events in the global markets have heightened awareness of the importance of foreign exchange volatility risk mitigation. Part of SMBs efforts’ to address a volatile market should be FX risk mitigation.

Cross-Border Payments 40

Cross-Border Payments Risk Mitigation Cross-Border Mitigation 40

PYMNTS

NOVEMBER 12, 2018

However, these professionals have their own ideas about where corporate payments innovation should be headed. A new report from BNY Mellon , “The Future of Payments: A Corporate Perspective,” surveyed a few corporate clients of the institutions’ Treasury Services unit.

Innovation 44

Innovation Cross-Border Real Time Payments Cross-Border Payments 44

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

PYMNTS

MARCH 14, 2016

Supplier risk mitigation is key for any B2B trade deal, especially as these transactions grow across borders into uncharted territory with unfamiliar business partners. Online B2B eCommerce site DHgate.com is looking to ease anxieties of international trade by launching a trust and safety department.

Cross-Border 40

Cross-Border Risk Mitigation B2B Risk Management 40

PYMNTS

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar.

Risk Mitigation 40

Risk Mitigation Risk Mitigation Treasury 40

PYMNTS

DECEMBER 5, 2018

Risk mitigation isn’t a new concept, Simkins noted, but today’s organizations are often unfamiliar with the correct strategies they need to deploy when mitigating third-party cyber risk. Hospital network Atrium Health revealed that the data of up to 2.65

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

PYMNTS

JUNE 20, 2017

There are several ways heightened data management can yield more effective risk mitigation , Hazeltree noted. Cyber risk exposure, the paper noted, is about more than who owes you money; the strengthen of that counterparty involves their financials, capital structure and other metrics. One is in assessing counterparty strength.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

PYMNTS

APRIL 10, 2019

The Association of Financial Professionals released new data this week that revealed the threat of payments fraud continues to climb, particularly for large enterprises, as scams like ACH fraud and the Business Email Compromise climb to record levels. But the latest analysis of U.S.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. But how businesses reshape their payment practices varies. But how businesses reshape their payment practices varies. Payments Rails.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment.

Automation 42

Automation Accounts Payments Disputes 42