Accounts payable (AP) automation provider Medius has launched partnerships with several British value-added resellers (VARs). The collaborations, announced last week, involve partners that are experts in enterprise resource planning (ERP) software. These companies — including The Access Group, Acuity Solutions, Anthesis, Escone Solutions, and Kamarin Computers — have developed “pre-packaged connectors between Medius AP...
Companies across industries are adopting or enhancing embedded payments as a way to improve the customer experience and create new sources of revenue. Among the marketplaces and independent software vendors (ISVs) that don’t currently offer payment capabilities, 65% plan to add embedded financial products for...
Account-to-account (A2A) transfers, also known as pay-by-bank, have emerged as a convenient alternative to traditional transaction methods like credit and debit cards. By transferring money between bank accounts, this payment method bypasses traditional card networks, providing a more direct and cost-effective way to facilitate transactions....
The payments ecosystem reached an inflection point in 2023. In a world where innovative payment offerings are increasingly populating the marketplace powered by technologies like artificial intelligence, many businesses find themselves stuck using legacy solutions and payment rails with limited choice and optionality. Sticking to the way...
Data Plus and Edenred Pay have expanded their partnership to create a new embedded payments solution for hotels and hospitality businesses. The new DPPay is designed to improve the complete accounts payable (AP) process by increasing efficiency, closing communication gaps in data and automating reconciliation...
Israel’s conflict with Hamas hasn’t scared off investors. Israeli tech companies raised $1.5 billion during the fourth quarter, Reuters reported Thursday (Dec. 28), citing data from the Israel Venture Capital Research Center and LeumiTech. While that number is down 15% from the third quarter, 75...
Increasingly throughout this past year, meal kits have begun to be not so much their own discrete category as an integrated piece of a larger food eCommerce system. Take, for instance, Blue Apron. In late September, omnichannel food hall company Wonder, founded and led by...
Elon Musk’s loss in the social media advertising space has apparently been LinkedIn’s gain. The Microsoft-owned professional networking site has seen a jump in ad revenue as companies jump ship from Musk’s X platform, the Financial Times (FT) reported Thursday (Dec. 28). Yearly ad revenue at LinkedIn climbed to nearly...
In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution of business models, have ignited a pivotal shift that goes beyond mere functionality, altering how financial services are accessed and...
