Moving analogue and manual processes to automated, digital ones represents the future of B2B payments. That’s because, against a backdrop marked by rapid technological advancement, B2B payment systems are undergoing their own significant transformations — not the least of which are being built atop the future...
The pandemic has spurred any number of efforts across various countries to restart economies as they emerge from lockdown. For India, in particular, the coronavirus has exposed some challenges for eCommerce giants such as Flipkart and Amazon – and now, there’s a new initiative to...
Cloud-based purchasing platform Vroozi will expand in the U.K. and Ireland, and work with Stratas to automate purchasing in the area, according to a press release. Vroozi will launch a procure-to-pay option, which will allow mid-market companies to expand faster by increasing spend controls, and...
Online games are growing in popularity, and regulators are starting to worry as more players are using real-world currency for in-game purchases. To fend off bad actors attempting to capitalize on this growth, gaming and gambling websites need to protect against fraud and money laundering...
June 06, 2024
Moving analogue and manual processes to automated, digital ones represents the future of B2B payments. That’s because, against a backdrop marked by rapid technological advancement, B2B payment systems are undergoing their own significant transformations — not the least of which are being built atop the future potential of commercial card usage and other innovative accounts receivable […]
July 13, 2017
Bank of America Merrill Lynch reached a new benchmark in its commercial card business last year, allowing it to secure its top ranking in three combined categories. According to a press release, BofA Merrill processed $56.3 billion in U.S. purchases in 2016 across three categories – purchasing cards, corporate cards and prepaid cards, a 9.2 […]
July 18, 2016
How did you pay for your coffee this morning? If you’re among the group of people who prefer paying in cash over a credit card, debit card or mobile payment...
October 16, 2015
Kinnek, the New York-based online marketplace that helps small businesses manage purchasing and find suppliers, has raised $20 million in Series B funding, TechCrunch reported on Thursday (Oct. 15), bringing the total...
August 20, 2014
Like many companies, Magic Steel Sale recently found itself slowed by inefficient, offline systems for invoicing, scheduling and product tracking. To overcome its hurdles, the company recently implemented an online...
