Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their B2B payments processes up to date with the latest technology. Given the economic volatility over the past few years and...
Adaptive raised $19 million in a Series A funding round to scale its artificial intelligence-powered financial platform for businesses in the construction industry. The platform was launched in February 2023 and now has more than 280 construction companies managing over $1.4 billion of project volume...
B2B payments are famously never just payments, but a sophisticated combination of workflows and data. With the news Thursday (July 11) that Bank of America has added a transaction search engine to its CashPro banking platform, B2B solutions that bundle value-added services is gaining ground...
Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay solution, the companies said in a Thursday (July 11) press release. It follows Zone’s acquisitions of financial reporting solution provider Solution 7...
July 02, 2024
B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and sunk time and costs. All these factors can lead to longer DSO (days sales outstanding), adversely affecting firms’ financial health. That’s why, with the news […]
July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...
June 06, 2024
Moving analogue and manual processes to automated, digital ones represents the future of B2B payments. That’s because, against a backdrop marked by rapid technological advancement, B2B payment systems are undergoing their...
May 27, 2024
Businesses, particularly global ones, exist and transact across fragmented payment ecosystems. Just ask any organization about their cross-border growth plans and how it’s going from a payments perspective: the absence...
July 15, 2024
Adaptive raised $19 million in a Series A funding round to scale its artificial intelligence-powered financial platform for businesses in the construction industry. The platform was launched in February 2023 and now has more than 280 construction companies managing over $1.4 billion of project volume on the platform, Adaptive said in a Monday (July 15) […]
July 11, 2024
Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay solution, the companies said in...
July 11, 2024
Billtrust extended its collaboration with Visa, meaning Visa will continue to offer its financial institution clients access to Billtrust’s Business Payments Network (BPN). The two companies teamed up to launch...
July 09, 2024
Symbeo’s accounts payable (AP) automation and artificial intelligence (AI)-enabled optical character recognition (OCR) solution, RapidInvoice, is now available on the Amazon Business App Center. This partnership will extend the reach...
