commercial payments

Efficient Capital Labs Secures $7 Million in Funding Led by QED Investors
Efficient Capital Labs Secures $7 Million in Funding Led by QED Investors
July 13, 2023  |  Startups

Efficient Capital Labs (ECL) has closed a $7 million funding round led by QED Investors. Founded in early 2022, the startup provides business-to-business (B2B) software-as-a-service (SaaS) companies...

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Trunk Tools Raises $9 Million for Faster Construction Pay
Trunk Tools Raises $9 Million for Faster Construction Pay
July 13, 2023  |  Investments

Construction-focused FinTech Trunk Tools has raised $9 million to help workers get paid faster. The company’s seed round, announced Thursday (July 13), comes at a time when instant payroll...

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Silo Technologies Raises $132 Million in New Capital
Silo Technologies Raises $132 Million in New Capital
July 12, 2023  |  Supply Chain

Silo Technologies, a provider of financial technology for distributors and grower shipper businesses in the perishable food supply chain, has raised $132 million in new...

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Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
July 11, 2023  |  Fraud Prevention

When it comes to digital risk, the best defense is a good offense. That’s because while firms may be feeling whiplash regarding the hyper-rapid advances...

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Freightos Reduces Headcount by 13% in Operational Efficiency Plan
Freightos Reduces Headcount by 13% in Operational Efficiency Plan
July 11, 2023  |  Shipping

Freightos is reducing its headcount by 13%, or about 50 employees, as part of its plan to cut costs and boost efficiency. This operational efficiency plan...

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FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
July 11, 2023  |  Real-Time Payments

Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use...

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Macro Challenges Spur Digital Healthcare Pivot to B2B 
Macro Challenges Spur Digital Healthcare Pivot to B2B 
July 10, 2023  |  Healthcare

Direct-to-consumer (D2C) platforms emerged as an early winner of the business landscape’s digitization.  From consumer goods to healthcare, D2C platforms and their transformative go-to-market strategies...

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BlueAlly Expands Portfolio With Acquisition of B2B Technologies
BlueAlly Expands Portfolio With Acquisition of B2B Technologies
July 10, 2023  |  Acquisitions

BlueAlly Technology Solutions has announced the acquisition of B2B Technologies, bringing together two industry players in the cloud and digital services sector. BlueAlly is reinventing the value-added reseller (VAR)...

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B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
July 10, 2023  |  B2B Payments

As companies look to steer their business strategy to drive growth, Pierre Lion, chief growth officer at FinTech firm Mangopay, says thinking globally should be...

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