Moving B2B payments processes away from paper checks to electronic payments can take a variety of forms. One method marketed by major bankcard brands is the virtual card. However, healthcare providers aren’t so enamored with products that one provider says boosted its card-acceptance costs by...
The Ocean Freight industry has new sector standards about electronic invoicing. According to the Ocean Freight Industry EIPP Standards Advisory Board (SAB), the purpose of the guidelines is to “focus on key handling processes and required data elements for invoice and credit note presentment.” With...
As the healthcare sector continues to evolve, how will this affect the payments aspect? A recent report dove into this issue, and found that more responsibility is falling onto patients. However, what exactly does this mean for the industry, and what steps must be taken...
International trade in goods and services for May showed the U.S. deficit dropping as exports outpaced imports for both the month and year over year, government data show. Goods categories leading the rise in exports included automotive and consumer products as well as industrial supplies...
Between 2008 and 2013, global investment in financial services technology ventures tripled according to a recent study by Accenture and the Partnership Fund for New York City. Specifically, it grew from $928 million to $2.97 billion in the five-year period. The report predicted that the global fintech investment...
The U.S. Department of Agriculture wants to increase the fee Canadian truckers must pay when they cross the U.S./Canada border. As reported by the Toronto Sun, the American government stated that it has to recoup the cost of fighting pests brought into the country on...
NewEgg has been a staple on the consumer electronics stage now for years and recently made a decision to open its online marketplace to third-party sellers. It also struck a deal to bring in data management and metrics into its marketplace system.
If the U.S. state-run export lender closes, private sector trade finance might not be able to fill the gap, according to a recent MSN Money article, as the sector has not fully recovered from its financial-crisis collapse. The Export-Import Bank is an 80-year old institution that...
Truck replacement parts are as easy to order online as books and running shoes, thanks to a new e-commerce site launch by Daimler Trucks North America. Why did this mega manufacturer decide to take that route?
