TurboTax maker Intuit debuted a new product suite for mid-market businesses. Intuit Enterprise Suite is designed to serve an $89 billion total addressable market of larger, mid-market businesses whose needs become more complex as they scale, according to a Tuesday (Sept. 17) press release. “As...
Mondu said its new Stripe integration allows business-to-business (B2B) merchants and marketplaces to offer Mondu’s buy now, pay later (BNPL) options through their existing Stripe setup. This “Mondu via Stripe” offering is now available to businesses in the Netherlands, Germany and France, and will expand...
Last week (Sept. 12), OpenAI introduced its new “o1” model series with enhanced reasoning capabilities. But do the new reasoning capabilities of commercially available artificial intelligence (AI) systems give businesses today, particularly in the B2B space, a real reason to use them? The answer — at least for...
Supply-chain financing solutions provider Credlix says it is expanding into Mexico. The company announced the expansion — bolstered by a $50 million investment from B2B eCommerce brand Moglix — last week, saying it is in line with Credlix’s goal of helping exporters in developing markets...
Digital transformation isn’t as easy, or simple, as turning a switch that’s “off,” “on.” Rather, it’s a series of interlinked and ideally compounding process modernizations. Digital transformation takes time. And within the engine of progress, optical character recognition (OCR) is proving to be a key...
Digital transformation is a one-way street and a two-way journey — particularly within B2B. Embracing innovation is a one-way exercise in that businesses that realize the benefits of leaving paper-based and manual processes behind rarely pull a U-turn and pick those error-prone and friction-filled solutions...
For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing sales momentum, and being judicious on costs. On that latter endeavor — spend management — companies and platforms are using...
Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade Payment Platform (GTPP) is scheduled to go live by the end of October, Visa said in a Wednesday (Sept. 11) press...
Boost Payment Solutions has introduced a solution that allows enterprise buyers to use their existing U.S.-issued commercial cards to pay suppliers in more than 180 countries. The new Boost 100XB also enables financial institutions and program managers who issue commercial cards on U.S.-based BINs to expand the...
