PYMNTS

DECEMBER 29, 2020

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. Financier plans to strengthen its presence in Singapore and Indonesia, with an eye on expansion into Vietnam and the Philippines.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

PYMNTS

APRIL 16, 2019

In the broadest terms, APIs help speed the embrace of Open Banking, where banks’ data on accounts and transactions can be shared with third parties through the interfaces, with an eye on promoting the development of new apps and financial products. For B2B, it seems, the advent of the open API cannot come fast enough.

B2B 71

B2B Banking B2C Securities 71

PYMNTS

FEBRUARY 10, 2020

Lingering issues of trust and a foggy regulatory climate continue to hold up B2B adoption of faster payments among financial institutions (FIs), but nothing can hold it back. The latest B2B API Tracker gives numerous examples of how this is playing out. FIs, SMBs, Fintechs Eying Each Other. A report by the U.K.’s

B2B 59

B2B Treasury Banking eCommerce 59

PYMNTS

DECEMBER 26, 2018

Jolly, head of finance and channels global transaction services at Bank of America Merrill Lynch in an interview with PYMNTS for a previous edition of the PYMNTS.com B2B API Tracker. “It Of course, the FinTechs are eager to welcome corporate bank data into their own platforms to augment services for businesses, too.

B2B 70

B2B Treasury Banking Startups 70

PYMNTS

APRIL 1, 2020

In a recent conversation with Karen Webster, he discussed why big-box retailers that have struggled to compete in an eCommerce ecosystem found an unexpected leg-up as they stepped into the B2B business model. B2C Sellers’ B2B Incentive. “Now, more than ever, just relying on historic financial data is not helpful.

B2C 64

B2C B2B Marketing Education 64

PYMNTS

JANUARY 26, 2021

The partnership, which will see the bank adopting its B2B payments platform to finance trade of its corporate customers. In what the companies described is a first for South Africa’s banking sector, small business accounting platform Xero is working with Nedbank to unlock financial data of joint small business customers.

Banking 142

Banking Reconciliations Financial Data B2B 142

PYMNTS

FEBRUARY 14, 2017

The business model of SaaSOptics could, in part, be described as a B2B SaaS firm for B2B SaaS firms. million in funding last year, helps SaaS companies manage operations by providing financial management, auditing and reporting, analytics and other back-office services. The company, which raised $1.8

Financial Data 53

Financial Data Forecasting B2B Auditing 53

PYMNTS

MARCH 27, 2020

Their use for B2B payments, however, remains limited — but in the U.K., While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. A B2B Opportunity.

B2B 60

B2B Banking Securities Accounting 60

PYMNTS

JANUARY 15, 2021

Connecting transaction data from B2B payments with spend management technology means not only moving money faster, said Thakur, but also obtaining greater agility in the management of financial data that can provide a clearer picture into how organizations can (and should) manage their assets.

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

JANUARY 10, 2020

B2B technology startups continue to gain valuable attention among venture capitalists. In a recent report , seed investors explored why their focus has turned to enterprise startups as opposed to consumer-facing technology firms after the publication’s analysis revealed that today’s seed investments favor B2B startups over B2C.

B2B 52

B2B Startups B2C Management Consulting 52

PYMNTS

FEBRUARY 10, 2017

It was another week of varied investments for B2B venture capitalists, who, in total, raised more than $79 million for the space. B2B payments, alternative SME finance, enterprise cybersecurity, data management and logistics all secured a financial boost — find out which startup scored the most in our breakdown below.

B2B 51

B2B Startups Securities Investments 51

PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other. Many Moving Parts. That's error-prone, very static, and takes a lot of time.".

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

PYMNTS

DECEMBER 14, 2018

B2B startups are increasingly building themselves on top of troves of enterprise data, uncovering new ways to unlock and aggregate information across enterprise platforms, and introducing new ways to analyze and make use of that data. million was raised by B2B startups tearing down data silos.

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data. percent jump.

B2B 52

B2B Nonprofit Leverage Financial Data 52

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP integrations, FortisPay acquires Swype and Goldiam launches a B2B eCommerce platform in the U.S. Goldiam International Debuts B2B Website for US Retail Jewelry.

B2B 55

B2B Securities SAP Invoicing 55

PYMNTS

MARCH 14, 2019

Cleo said in a press release this week that it will pair its integration-Platform-as-a-Service (iPaaS), Cleo Integration Cloud, with Sage’s Intacct tool, a cloud-based financial management solution for corporates.

Financial Data 56

Financial Data Invoicing Finance Sales 56

PYMNTS

JANUARY 16, 2020

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to industrial-sized B2B real-time payments.

B2B 53

B2B Finance Banking Cash Management 53

PYMNTS

JANUARY 3, 2020

Application program interface (API) technology had a standout year in 2019 as a critical component to enabling the open banking business model, unlocking financial data from silos, as well as facilitating seamless data integration and connectivity, to power a range of financial services platforms. ”

Manufacturing 52

Manufacturing B2B eCommerce SAP 52

PYMNTS

FEBRUARY 2, 2018

Information technology (IT) management solutions provider Kaseya, which targets managed service providers (MSPs) with its offerings, is linking up with small and medium-sized business (SMB) accounting firm Xero to help businesses gain greater control over their financial data. The companies said Thursday (Feb.

Financial Data 46

Financial Data Invoicing Accounting Firms Leverage 46

PYMNTS

MARCH 10, 2017

Big Data and software as a service (SaaS) once again caught the attention of venture capitalists in the B2B FinTech space this week, but it was cross-border B2B payments that landed the most money. Cross-Border Payments. according to reports.

B2B 51

B2B Startups Manufacturing Transportation 51

PYMNTS

MAY 6, 2016

Earlier in the week, we reported on the bust that is B2B venture capital this week. There hadn’t been any investments in B2B finance and payments startups in the first half of the week, a void that casts doubt on those earlier reports of investors cozying up to startups targeting businesses, not consumers. Fleet Management. Accounting.

B2B 41

B2B Investments Startups Financial Data 41

PYMNTS

MAY 24, 2018

ACH, wire, virtual and physical cards, and other rails all come into the mix, particularly as each vie for a chance to take B2B payment market share away from paper. ” B2B sellers expanding into China, for example, have to support payments made via Alipay and WeChat, Levy explained. Paper checks may be the No.1

B2B 45

B2B B2C eCommerce Accounts Payable 45

PYMNTS

JANUARY 5, 2017

Technology firm Ricoh is jumping into B2B payments with a new service aimed at digitizing accounts receivable processes. Electronic invoicing is considered key to improving B2B payments and processes. Digital invoices, the company added, enable real-time visibility into financial data and support mobilization of the enterprise.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

PYMNTS

JUNE 26, 2019

The funding comes as MX continues to build out its data solutions for financial institutions after initially launching in 2010 as a company offering banks a personal financial management solution they could provide to customers.

Financial Data 40

Financial Data Investments Startups Banking 40

PYMNTS

APRIL 7, 2017

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. B2B eCommerce. Back in the U.S.,

B2B 43

B2B B2C Startups eCommerce 43

PYMNTS

MARCH 4, 2020

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. One of the largest investment rounds of the week went to China’s Haoqipei, a B2B eCommerce platform designed for the auto parts industry.

B2B 43

B2B Startups Marketing Investments 43

PYMNTS

FEBRUARY 27, 2018

Of course, at the heart of this advancement is increased access to detailed financial data, but it’s not easy for everyone. Small businesses (SMBs) in particular can have trouble not only gaining access to their financial data, but also making sense of it. where regulators aren’t forcing data sharing. In the U.S.,

Cash Flow Forecasting 40

Cash Flow Forecasting B2B Forecasting Financial Data 40

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy.

Financial Data 52

Financial Data Financial Reporting Auditing CFO 52

PYMNTS

APRIL 1, 2016

Q1 may be known for sluggish venture capital, but with the quarter quickly wrapping up, B2B startups aren’t entirely left in the dark. It all streamed in early on in the week, and, come Wednesday (March 30), the B2B venture capital space went radio silent. The startup provides small businesses with online financial tools, and with $6.7

B2B 40

B2B Startups Corporate Finance Finance 40

PYMNTS

MAY 11, 2017

With FinTech innovators finally starting to give B2B solutions the attention they have longed for, there are now troves of platforms companies can access, from expense management to cash flow forecasting to supplier management. AvidXchange and Vroozi are only the latest B2B FinTech companies to collaborate.

B2B 42

B2B Cash Flow Forecasting Accounts Payable Invoicing 42

PYMNTS

APRIL 7, 2020

Few are investing energy in building taller silos for their data, bumpier and more friction-filled experiences for their customers, or slower and more opaque payments processes. And this is particularly notable in B2B payments, VoPay’s area of specialty.

Leverage 83

Leverage Banking B2B B2C 83

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

DECEMBER 19, 2016

Data at the point of sale has allowed Square Capital to take off, mitigating loan risk by incorporating transaction information in its assessment of borrowers. PayPal, meanwhile, is also introducing a slew of back-office solutions , armed with troves of financial data from its SME clients.

B2C 40

B2C B2B Strategic Planning Sales 40

PYMNTS

MAY 18, 2018

Visa’s latest fuel to the B2B payments innovation fire came in the form of its inaugural Small Business Hackathon earlier this year. As payments accelerate, interest in faster and real-time payments for B2B transactions is limited. B2B transactions are more complex in nature and require more precautions for parties involved.

B2B 46

B2B Invoicing Accounting Securities 46

PYMNTS

FEBRUARY 12, 2018

They are instrumental to financial institutions’ adherence to new rules that require them to open up data streams to third-party players, and traditional FIs are (finally) participating in the data-sharing game. The EU’s PSD2 and Open Banking in the U.K.

Financial Data 40

Financial Data Banking Invoicing Accounting 40

PYMNTS

JANUARY 20, 2021

Xero , a global small business cloud accounting platform, is working with South Africa’s Nedbank to give small- to medium-size business (SMB) clients a digital, application programming interface (API)-enabled bank feed to access financial data, according to an ITWeb report.

Banking 67

Banking B2B Invoicing Accounting 67