The seed of FinTech innovation often comes from a desire to do things differently. In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer....
Small business cloud accounting firm Xero and B2B payments and procurement firm Bottomline Technologies have each released their latest earnings reports this week. Xero pleased investors with a 48 percent spike in revenue for the first half of FY2017, but according to reports Thursday (Nov....
Cross-border payments company Earthport can now fulfill cross-border payments initiated in India. Reports Thursday (Nov. 3) said the FinTech company received approval from the Reserve Bank of India to provide outbound international payment services to banks in the country. Earthport already provides inbound international payment...
As November kicks off and the Halloween season officially passes to the Holiday season (sorry Thanksgiving), the sizzle of the week award should doubtlessly go to the World Series Champion Chicago Cubs who finally broke their 108 year old curse. Cleveland, all we can say...
Digital procurement software firm GEP is targeting risk associated with B2B trade with a new partnership. The company revealed this week that it is partnering with Global Risk Management Solutions (GRMS) to integrate GRMS’ supplier risk management capabilities within the GEP procurement platform. The integration...
Last week, the world got its first public look at Zelle — and an announcement from Zelle’s operator, Early Warning, has 19 US financial institutions signed on and ready to roll in 2017. Those 19 financial institutions signed at this point represent approximately 76 million mobile...
Walmart and Chase are becoming payments BFFs. In late September, the two firms announced that Walmart and Sam’s Club would flip its processing business to Chase via ChaseNet. You’ll recall that Chase and Visa negotiated a pretty sweet deal about three years ago that basically...
Not every week can be a home run for B2B startups. This time, the industry saw modest gains — a couple million in funding here, another million there — with just three venture capital funding rounds. Software-as-a-Service earned some surprising investor attention, but it was...
Shopify, the eCommerce platform that enables small and medium-sized businesses to reach customers across channels, experienced total revenue growth of 89 percent year-over-year in Q3. The company also confirmed that the value of the goods sold through the merchant sites on its platform increased 100...
