Revolut Business expanded the availability of its “borderless financial super app for businesses” to Singapore and is looking to add other markets. “We’re here to empower Singaporean companies of all sizes, including 1,000+ who signed up to our waitlist,” the company said in a Tuesday...
No one is an island. And in our interconnected and digital world, no company is, either — meaning that the cost of a single facet’s downtime on B2B partners can be catastrophic. For proof, just look at the ongoing fallout from the July 18 disruption...
The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are particularly challenging for small and medium-sized businesses (SMBs) that rely on timely payments. The demand for efficiency and trust necessitates...
Cartona has raised $8.1 million in a Series A extension fundraise to continue growing the product rollout, verticals and offerings of its B2B platform for businesses in Egypt and, in the future, other markets in the Middle East and North Africa (MENA) region. The platform currently...
The Alibaba International Digital Commerce Group plans to launch an artificial intelligence (AI)-powered “conversational sourcing engine” in September. This new tool will facilitate the global B2B sourcing process for small- to medium-sized businesses (SMBs) by enabling quicker, easier searches for potential business partners and products, the company...
The phrase “going digital” has transformed from a mantra to a business model. And at the same time, the transformation from paper-based processes to digital solutions has become not just a strategy but an imperative — one that is revolutionizing B2B payments and operations. This...
B2B payments have traditionally been defined by legacy versus electronic mechanisms. But in today’s nuanced and dynamic landscape, the ongoing evolution of B2B payments is increasingly marked by solutions and innovations that strike a delicate balance between traditional methods and emerging technologies. PYMNTS sat down...
If all goes well, the future of business processes won’t look anything like its past. And that holds particularly true in business-to-business (B2B) payments, where the past — and even the present — is riddled with manual processes, paper-based workflows and legacy inefficiencies. And those...
Every coin has its flip side. And when it comes to the finance and treasury functions of their organizations, businesses are increasingly calling both ‘heads’ and ‘tails’ to navigate today’s operational uncertainties. This shift toward a greater convergence and potential synergies between the roles of...
