B2B

  • Aussie Neo Bank Judo Secures Government Funding For SMB Loans

    April 2, 2020 bankAustralian challenger bank Judo will now have an extra $500 million to distribute in loans to small businesses amid the coronavirus pandemic, coming directly from the government, The Sydney Morning Herald ...
  • Overall Parts Solutions Mobilizes Procurement Platform

    April 2, 2020 ProcurementIn a move that brings its OPSTrax parts procurement technology to Android and iOS devices, Overall Parts Solutions (OPS) has rolled out TraxMobile, according to an announcement. The company sped up ...
  • SMBs Accuse Kabbage Of Abruptly Canceling Credit

    April 2, 2020 SMBs Accuse Kabbage Of Abruptly Canceling CreditAmid a climate in which cash needs are on the rise, it’s been reported that Kabbage Inc. has abruptly cut off credit to small business customers. Borrowers, who realized the ...
  • US Jobless Claims Hit Record 6.6M Amid COVID-19 Pandemic

    April 2, 2020 UnemploymentIn another sign that the nation’s economy is suffering amid the COVID-19 pandemic, the number of new jobless claims reached record levels last week, double the pace set a week ...
  • How Payment Variety Drives Collections Flexibility For SMBs

    April 2, 2020 In the consumer commerce world, offering customers choice in how they pay for goods and services across channels is an important part of offering an optimal end-user experience. In the ...
  • Cards Offer SMB Relief Beyond Access To Credit

    April 2, 2020 credit cardsWith cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus ...
  • Adjusting The Goalpost In Buyer-Supplier Negotiations

    April 2, 2020 Adjusting Goals In Buyer-Supplier NegotiationsManaging supplier relationships strategically is more crucial than ever to maintain supply chain flow and keep store shelves stocked. But when a company like Walmart or another Fortune 500 firm ...
  • Brex Offers Work-From-Home Card Rewards

    April 2, 2020 Brex has added new 'work from home' benefitsUpgrades to corporate card issuer Brex’s Card for Startups will accommodate the current COVID-19 lifestyle of working from home and calling for delivery to get food. The upgrades, issued March 31, ...
  • LexisNexis Juris Collaborates On Faster Legal Invoice Payments

    April 1, 2020 LexisNexisTo enhance the payment acceptance process for law firms, Juris has endorsed cloud-based payment platform ClientPay as the top choice for its users. The company said in an announcement that ...
  • UK Urges Banks To Nix Personal Guarantees For SMBs

    April 1, 2020 UKThe U.K. government is seeking an agreement with financial institutions (FIs) to forgo the need for small businesses to offer personal guarantees to get coronavirus loans, the Financial Times reported. Some ...
  • Deluge Of SMB Applications Prompts Lenders To Drop Out Of UK Stimulus Program

    April 1, 2020 Lenders Drop Out Of UK Stimulus ProgramAlready buried in emergency loan applications from small and medium-sized businesses (SMBs), five U.K. lenders have dropped out of the Coronavirus Business Interruption Loan Scheme (CBILS), according to a report ...
  • Mnuchin Will Lobby For More SMB Money When First $350B Is Gone

    April 1, 2020 Treasury Secretary Steven MnuchinTreasury Secretary Steven Mnuchin said if the $350 billion in loan funds for small and medium-sized businesses (SMBs) runs dry, he will go back to Congress and ask for more ...
  • Inventory Strategy Drives The Rise Of ‘Micro-Warehousing’

    April 1, 2020 Supply chain volatility has thrown a wrench in many organizations’ procurement strategies as buyers and suppliers struggle to connect and move goods where and when they’re needed. While eProcurement and vendor ...
  • B2B FinTech Accelerates Product Rollouts To Support SMBs

    April 1, 2020 Small- to medium-sized businesses (SMBs) are struggling to stay afloat. A new survey from Alignable via its Weekly Pulse Poll found that more than one-third of SMBs said they are struggling ...
  • Market Volatility Gives B2C Sellers’ The Chance To Go B2B

    April 1, 2020 B2B, B2C, market volativityStreamlining and fostering strategic supplier relationships is key to optimizing procurement and lowering costs. As more organizations embrace eProcurement technology, firms are looking to shrink their vendor bases to promote ...
  • Apple Will Pay Contracted Janitors And Bus Drivers During Shutdown

    March 31, 2020 Apple Contractors Will Be Paid During COVID-19Contractors with Apple who work in janitorial, bus driving and other such fields will be paid during the coronavirus shutdown, in a reversal from the tech giant’s previous position. A company ...
  • NYMBUS Accelerates SBA Loan Processing For Banks

    March 31, 2020 Nymbus will help with loans for businessesA new program from NYMBUS will help small- to medium-sized businesses (SMBs) affected by the coronavirus pandemic apply for loans through an online portal, according to a press release. The new ...
  • Corporate Travel Startup Huilianyi Raises $42M Amid Industry Turmoil

    March 31, 2020 Business TravelHuilianyi, a business travel platform, notched approximately $42 million in fundraising as China begins a possible economic renewal amid the global coronavirus pandemic, Phocuswire reported. Huaxing Capital subsidiary Huaxing New Economic ...
  • H&M Cancels Orders, But Vows Supplier Payment

    March 31, 2020 H&MAs garment makers are impacted by postponed deliveries and work cancellations amid the coronavirus pandemic, H&M noted it would accept shipment of products that have been made already. Firms like H&M ...
  • Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

    March 31, 2020 Accounts PayableTo make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, ...
  • How Mixing Payment Rails Eases B2B Payment Squeeze

    March 31, 2020 No one payment rail can solve every point of friction in B2B payments. Instead, new research suggests embracing multiple rails can drive revenue. This week’s look at payment rail innovation explores ...
  • Blockchain Tackles Farming’s Cash Flow Bottlenecks

    March 31, 2020 Cash flow is king for independent farmers operating with thin margins and wide exposure to a variety of risks, from economic downturns to inclement weather. But the process of getting paid ...
  • The ERP Shifts From Record Keeper To Crystal Ball

    March 31, 2020 ERP Shifts From Record-Keeper To Crystal BallThe enterprise resource planning (ERP) system is a staple of large enterprises that have enough complexity in their internal processes to warrant the implementation of an equally complex tool. Despite ...
  • Lender Kabbage Furloughs Workers, Warns Of SMB Cash Shortfall

    March 30, 2020 Cuts staff, consolidates officesAs COVID-19 saps consumer demand across all manner of verticals, and small businesses bear the brunt of a sudden disappearance of revenues, the firms that lend to those SMBs are ...
  • Ripple Powers X-Border B2B Payments For Thai Bank SCB

    March 30, 2020 Ripple Powers X-Border B2B Payments For SCBAs it aims to provide small businesses and enterprise clients with instant payments, Siam Commercial Bank (SCB) of Thailand is poised to open up its consumer cross-border payments app, which is ...
  • Banks Look To Shoot Down Firms’ Revolver Drawdowns

    March 30, 2020 Banks Shoot Down Firms’ Revolver DrawdownsFor banks seeking to protect profits – and liquidity – keeping corporate clients from drawing down credit lines may be one way to brace against the volatility wrought by COVID-19. As ...
  • How Buyer-Supplier Relationships Endure A Trade Show Void

    March 30, 2020 How Buyers-Suppliers Endure A Trade Show VoidWith many B2B suppliers struggling to hold onto revenue streams as corporate buyers cancel orders and withhold payment, finding new customers is critical to surviving the volatility. Digitization and automation ...
  • B2B Payment Terms In Flux Amid Market Volatility

    March 30, 2020 late paymentsCash flow has never been more critical to businesses as it is right now, and both the private and public sectors are taking action to ensure B2B payments continue to ...
  • Trucking Sector Eyes AP Automation To Mitigate Volatility

    March 30, 2020 Immense supply chain pressures have created major headwinds for the commercial trucking industry, but it’s not only the truck drivers and shipping companies tasked with supporting the flow of business ...
  • Google, Amazon Urged To Delay SMB Cloud Payments

    March 30, 2020 cloud-azure-aws-spendTop technology conglomerates including Google, Amazon and Microsoft are being urged to allow their startup and small business customers to defer payments for cloud services, reports in TechCrunch said. According to ...
  • GrainChain Accelerates Farmer Payments With Blockchain

    March 29, 2020 GrainChain has switched to SymbiontGrainChain, the farming blockchain system for agriculture and farming business, has moved to the Symbiont network, Assembly, a change which the company anticipates will help expand its business, according to ...
  • Open Banking Platform Tink Acquires Eurobits

    March 29, 2020 Tink has acquired EurobitsEuropean open banking platform Tink will now have more room to expand with the acquisition of Eurobits, which works in account aggregation technology, according to a press release. Eurobits, the release ...
  • Shipping And Logistics: An Industry Jolted Into Digitization

    March 27, 2020 The coronavirus has turned entire industries on their heads, not least of all the shipping and logistics sector. Factory shutdowns and stay-at-home orders have disrupted manufacturing and production, with ramifications reverberating ...
  • SMB Card FinTech Bucks Coronavirus Uncertainty With Funding

    March 27, 2020 Fintech VC fundingIt’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. In a ...
  • Payments Initiation Opens The B2B Door For QR Code Payments

    March 27, 2020 QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use ...
  • SMBs’ Futures Uncertain As They Wait For Help

    March 27, 2020 Small businesses are looking for good results from the House of Representatives’ vote on Friday (March 27) on a $2 trillion stimulus package that would send funds to help them ...
  • ReloQuest Expands On-Demand Business Travel Housing Tool

    March 26, 2020 ReloQuest has added new features for RQ PROTemporary housing solution ReloQuest’s new RQ PRO automated platform aims to boost the company’s ability to offer temporary business housing with a host of new features and options, according to ...
  • Comdata Collaborates On AR Financing For Fleets

    March 26, 2020 fleetFLEETCOR company Comdata is introducing Comdata QuickPay, which will allow for faster payments for fleet owners. The financing solution is powered by Crestmark, a division of Metabank, according to a Thursday ...
  • UK Banks Criticized For SMB Coronavirus Loan Requirements

    March 26, 2020 SMB LoanU.K. government officeholders and companies have chastised financial institutions for requiring personal guarantees for emergency loans that are backed by the state. The mandate puts much of the risk that the ...
  • Tradeshift Launches Supplier Engagement Portal

    March 26, 2020 PortalTo help create supplier and buyer digital collaboration, supply chain payments and marketplace company Tradeshift rolled out Tradeshift Engage. Many companies are now seeking to speed up digitization projects as ...