Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before everyone else signs on, too, realizing the dynamics that make platforms so efficient. The digitization of retail commerce is now...
Today in B2B payments, Live Oak Bank adds 10 lenders to its general Small Business Administration (SBA) lending team, while ACI Worldwide’s former corporate online banking unit becomes an independent company. Plus, everphone raises $32 million for Phone-as-a-Service, while a merger creates an end-to-end digital...
Mickey, a tech startup digitizing the trading of physical commodities, has joined with B2B eCommerce and digital marketplace MaterialsXchange, which matches lumber buyers and sellers across the U.S. and Canada, a press release said Thursday (Sept. 1). This will expand Mickey’s footprint into the commodity...
Today in B2B payments, a lack of in-house know-how hinders companies’ attempts to digitize, while buy now, pay later (BNPL) connects buyers and suppliers. Plus, Billtrust and Flywire modernize B2B payments; private labels and better packaging can remove the stigma around products made in Africa;...
September 20, 2022
Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before everyone else signs on, too, realizing the dynamics that make platforms so efficient. The digitization of retail commerce is now firmly rooted in platform dynamics — Amazon being a good […]
