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Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. Treasury is very well-positioned to handle all of these activities,” added Sinha. trillion by 2021.
B2B FinTech BitPesa , which operates a platform offering foreignexchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company focuses on global currency trading solutions and financial services in both the B2B and B2C frontier.
API integration offers a way to streamline payments processing while providing access to transparent foreignexchange rates and associated fees. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).
With its newest offering designed for legal cannabis businesses , AeroPay ‘s B2C and B2B payment tools aim to help companies in this market migrate away from manual and paper-based payment methods. Oxbury Bank , which secured its full banking license in the U.K. ” AeroPay Elevates The Bank Transfer.
This is even more true for B2C marketplaces. It’s the users who often become the victims in stringent security measures when fraud detection is too broad. percent) but far more than for areas like foreignexchange (9.6 But what makes companies like eBay, Tableau and Netflix popular is ease and speed of use.
The biggest deals, unsurprisingly, were in the B2C finance segment. foreignexchange payments company FairFX scored nearly $7.5 China’s Alibaba may dominate several verticals, like consumer eCommerce, but one local startup secured new financing to take that leader on in the world of the enterprise. This time, the U.S.
As Chakravarti told Karen Webster in a PYMNTS podcast in the “Treasurer’s Need to Know” series, there are several forces at work, impacting businesses and also the ways that treasurers and their teams manage cash, liquidity and foreignexchange. And when businesses start transacting with each other, well, that’s very big.”.
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