Spend Management/page/4 news and trends

Amex Sees ‘Tremendous Growth’ in Virtual Cards for B2B Payments
B2B Payments // December 18, 2024

Complexities breed inefficiency, as business-to-business (B2B) payments throughout their history have proven. But B2B payments should be simple, easy and secure. In an era when digital transformation is reshaping every element of business operations, virtual cards are emerging as a powerful tool to help streamline...

Shopline and Onramp Partner on Financing for US-Based Online Merchants
Partnerships // December 17, 2024

Shopline and Onramp Funds have teamed up to deliver flexible financing options to eCommerce businesses. With this partnership, U.S.-based online merchants using Shopline’s commerce services platform can access capital from Onramp Funds, which is a funding provider focused on eCommerce businesses, the companies said in a...

Flexible Working Capital Solutions Top Holiday Wish List for B2B Firms
Spend Management // December 13, 2024

B2B firms have two items at the top of their wish list this holiday season: more liquidity, and greater operational efficiency. These dual priorities reflect the pressure to navigate uncertain economic conditions, escalating supply chain complexities and evolving customer expectations. Today’s financial landscape represents a...

Banks Step Up Due Diligence on Non-Bank Borrowers
Bank Regulation // December 13, 2024

For banks, the ever-expanding push into global markets also has included a broadening of lending activities — to the tune of trillions of dollars. In many cases, the party on the other side of the transaction tends to be a non-bank firm. New guidance from...

Interviews & Exclusives
Amex Sees ‘Tremendous Growth’ in Virtual Cards for B2B Payments

December 18, 2024
Complexities breed inefficiency, as business-to-business (B2B) payments throughout their history have proven. But B2B payments should be simple, easy and secure. In an era when digital transformation is reshaping every element of business operations, virtual cards are emerging as a powerful tool to help streamline payments, improve financial control and foster strong relationships between buyers […]

Banks Eye Stablecoins to Accelerate Cross-Border Innovation

December 09, 2024
Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. But with the news Thursday (Dec. 5) that the U.S. licensed FV Bank is now supporting...

How to Take a Flamethrower to Free Trapped Treasury Data

December 04, 2024
Not all data is created equally. And for 21st century finance and treasury teams attempting to navigate today’s atypical and dynamic economic environment, it’s not just about having data —...

Panel: Small Businesses Want Control, Automation Gives It to Them

November 13, 2024
Small- to medium-sized businesses (SMBs) have historically faced outsized challenges relative to their own footprint. From managing ever-growing tech stacks to optimizing cash flow amidst economic volatility, SMBs already have...

Quick Reads
Shopline and Onramp Partner on Financing for US-Based Online Merchants

December 17, 2024
Shopline and Onramp Funds have teamed up to deliver flexible financing options to eCommerce businesses. With this partnership, U.S.-based online merchants using Shopline’s commerce services platform can access capital from Onramp Funds, which is a funding provider focused on eCommerce businesses, the companies said in a Tuesday (Dec. 17) press release emailed to PYMNTS. “Our partnership […]

Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank

December 12, 2024
Mesh Payments has selected SoFi Bank as its sponsor bank and continues to partner with SoFi Technologies-owned Galileo Financial Technologies as its longtime payments processor. This partnership integrates Mesh Payments’ expense and...

Mynt Raises $23 Million to Expand Spend Management Solution in Europe

December 11, 2024
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the...

PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition

December 06, 2024
Polish FinTech PragmaGO has completed its acquisition of Romanian FinTech Telecredit IFN (Omnicredit), saying this move will help the company enter more markets in Central, Eastern and Western Europe in the...