It’s no exaggeration to say that artificial intelligence (AI) is fundamentally reshaping the business landscape. But while consumer-focused applications continue to grab headlines, a quieter, first-principles revolution is underway in the B2B marketplace. Amid news Wednesday (Dec. 4) that Briefcase has raised $3 million in a...
Business-to-business (B2B) payments are undergoing a period of upheaval and reinvention. Businesses are seeking faster, more efficient and secure payment solutions, and a wide range of players are stepping up to meet these demands. The winners in the market will be those that can leverage...
In the B2B world, where deal sizes can soar into the millions, financial relationships are anything but straightforward. This makes B2B payments acceptance a complex terrain of both challenges and opportunities. By 2030, the B2B payments market size is projected to hit north of $170...
For all transactions — but especially for high-value commercial payments — speed is always a consideration, alongside the costs of those transactions, as well as security concerns. With new, higher limits on real-time payments, the choice to move away from batch processes to settlement in...
QuickBooks maker Intuit has launched a collaboration with Dutch payments firm Adyen. The partnership is designed to help small and medium-sized businesses (SMB) in the U.K. more easily manage electronic payments, Adyen said in a Wednesday (Dec. 4) news release. The companies plan to initially integrate Adyen’s...
Nuvei has launched a blockchain-based payment solution for merchants across Latin America, saying it enables these businesses to make faster cross-border B2B payments and settlements. The new solution allows businesses to use a Visa-supported physical or virtual card to make payments using stablecoins from a digital...
Accounting/payroll technology firm Sage is rolling out its AI tool, Sage Copilot. Announced Tuesday (Dec. 3) for early adopters in the U.S. and U.K., Copilot is designed to help accounting and finance teams at small- to medium-sized businesses (SMBs) tackle daily challenges such as highlighting...
The construction sector accounts for about 4.4% of U.S. GDP and is tied to about $2.2 trillion in annualized spending. On Monday (Dec. 2), the Commerce Department reported that construction spending was higher than consensus had estimated, where growth was 0.4%, and economists had expected...
In the corridors of power that govern corporate strategy, treasurers have long worked in relative obscurity. Their desks are often buried in spreadsheets, their emails filled with queries about cash positions, liquidity forecasts and hedging strategies. But as economic uncertainty persists and businesses race toward...
