commercial payments

Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

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Loop Secures $35 Million to Grow Transportation Logistics Platform
Loop Secures $35 Million to Grow Transportation Logistics Platform
October 03, 2023  |  Investments

Loop, a transportation logistics startup, has secured $35 million in a Series B funding round to grow its modern audit and payment platform for the...

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Bringg Adds Delivery Management Platform to Google Cloud Marketplace
Bringg Adds Delivery Management Platform to Google Cloud Marketplace
October 03, 2023  |  Retail

Bringg has launched its Delivery Management Platform on Google Cloud Marketplace to help retailers and eCommerce enterprises optimize their last-mile delivery process. By deploying Bringg’s solution portfolio, companies...

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How AI Helps Turn the Finance Function Into a Competitive Moat
How AI Helps Turn the Finance Function Into a Competitive Moat
October 03, 2023  |  B2B Payments

Sustainable growth comes from consistent organizational buy-in at the executive level. “It is about setting strategic direction from the top,” Aanchal Kochhar, head of product...

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Visa to Invest $100 Million in Generative AI for Commerce and Payments
Visa to Invest $100 Million in Generative AI for Commerce and Payments
October 02, 2023  |  artificial intelligence

Visa has launched a new $100 million generative artificial intelligence (AI) ventures initiative, aiming to invest in companies focused on developing generative AI technologies and applications...

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Working Capital Deserts on Main Street Challenge Small Business Survival
Working Capital Deserts on Main Street Challenge Small Business Survival
October 02, 2023  |  SMBs

Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue...

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Weavr to Close Its Recently Acquired Open Banking Payments App
Weavr to Close Its Recently Acquired Open Banking Payments App
October 02, 2023  |  B2B Payments

London-based embedded finance provider Weavr has said it will close its open banking payments app, Comma. The company acquired the app in March and will close...

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Small Business Bankruptcies Jump as Capital Grows Scarce
Small Business Bankruptcies Jump as Capital Grows Scarce
October 02, 2023  |  SMBs

Rising interest rates have reportedly helped fuel a spike in small business bankruptcies. As The Wall Street Journal  (WSJ) reported Sunday (Oct. 1), the jump...

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