commercial payments

FedEx Tamps Down 2025 Outlook Despite Digital Transformation Efforts
FedEx Tamps Down 2025 Outlook Despite Digital Transformation Efforts
September 19, 2024  |  Earnings

In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and...

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Forward Financing Gains $450 Million Credit Facility for Revenue-Based Financing
Forward Financing Gains $450 Million Credit Facility for Revenue-Based Financing
September 19, 2024  |  Alternative Finances

Forward Financing has increased its existing $250 million credit facility to $450 million to support continued growth of its revenue-based financing for small businesses across...

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This Week in B2B: Realizing Operational Certainty Through Payments Innovation
This Week in B2B: Realizing Operational Certainty Through Payments Innovation
September 19, 2024  |  B2B Payments

The B2B landscape is full of what buyers and suppliers don’t know. In today’s rapidly evolving landscape, B2B businesses across the transaction frequently find themselves...

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Capmont Launches $111 Million Fund for B2B Tech Startups
Capmont Launches $111 Million Fund for B2B Tech Startups
September 19, 2024  |  Investments

Munich-based venture capital (VC) firm Capmont Technology has reportedly launched a $111 million fund. The company, which has raised $334 million since its founding in 2016, focuses...

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Cardless Enters Small Business Space With Alibaba Credit Card Partnership
Cardless Enters Small Business Space With Alibaba Credit Card Partnership
September 19, 2024  |  SMBs

Co-branded credit card FinTech Cardless is entering the small business space. The move is designed to offer small- to medium-sized businesses (SMBs) financial products and...

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Global Embrace of eInvoicing Targets Fraud
Global Embrace of eInvoicing Targets Fraud
September 19, 2024  |  B2B Payments

Businesses want to be paid in a timely manner. Governments want tax revenue. The advantages of cutting down on paper — and, specifically, paper invoices...

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How AI and Blockchain Innovations Are Reshaping Cross-Border Commerce
How AI and Blockchain Innovations Are Reshaping Cross-Border Commerce
September 19, 2024  |  Cross Border Commerce

The bigger the connected economy gets, the smaller the effort it takes to join. In today’s increasingly interconnected world, cross-border commerce is no longer a...

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AtoB Raises $130 Million to Fuel Transportation Payments Services
AtoB Raises $130 Million to Fuel Transportation Payments Services
September 19, 2024  |  Investments

Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. The Series C round was led by General Catalyst and Bloomberg Beta with participation from Mastercard and trucking...

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Target Taps PepsiCo’s Jim Lee as New CFO
Target Taps PepsiCo’s Jim Lee as New CFO
September 19, 2024  |  Personnel

Target has picked longtime PepsiCo executive Jim Lee as its new chief financial officer (CFO). Lee, who spent more than 25 years with the food and beverage giant, will join...

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