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B2B Startups Land Funding For Risk Mitigation Tech

PYMNTS

This week's B2B Venture Capital roundup saw more than $76 million in new funding. And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities.

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How Finance Departments Can Mold Risk Mitigation Into Opportunity

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Auditors are embracing automation to mitigate against the risks of errors and non-compliance, the Wall Street Journal reported last month. But as they defend against risks, auditors are also beginning to embrace the idea that risk mitigation can include identifying opportunities. “We’re

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CGI Elevates Fraud, Compliance Risk Mitigation For Banks

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” CGI was founded in 1976 and is one of the largest independent IT and business consulting firms on the globe, providing AML and risk mitigation solutions and services, with 11,000 banking experts throughout five continents.

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Why B2B Payment Pain Points Go Far Beyond The AP Department

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The global pandemic has, no doubt, changed the B2B payments landscape forever. In Australia, Adrian Floate , managing director of Cirralto , says the COVID-19 crisis has fast-tracked B2B payments modernization. "If The Commercial Card Catalyst. While in the U.S., Optimizing The Logistics-Payments Link.

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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age

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The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. 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.

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CapLinked Deploys API To Protect Blockchain B2B Transactions

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“Enterprise transactions are full of friction and risk,” said CapLinked CEO Eric M. While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction.

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B2B Payments Explores An Alternative Path To ACH Adoption

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Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks.

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