Airbnb strengthens Concur partnership, CFPB proposes more changes to payroll card rules, and how ACH can serve both AR and AP.
 

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July 142017

       BUSINESS TO BUSINESS EDITION

Cash Management

ACH Becoming The Mediator Between Conflicting AR, AP Needs
 

Disrupting the B2B payments industry can be a lucrative opportunity, but as FinTechs target either the accounts receivable or the accounts payable side of B2B transactions, the space increasingly sees the priorities of either end start to conflict. Paybox, a company that positions itself on both sides, discusses some of the trends — like ACH payments — that may help AP execs embrace the digitization they want, while helping AR execs get paid faster.
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VC Investments

Cybersecurity, AltFin And A Surprise Startup Prove B2B FinTech Funding Heats Up
 

B2B FinTech venture capitalists are finally in the full swing of summer, with one of the hottest weeks in the industry so far. More than $167 million was funneled into the industry, with the enterprise cybersecurity space taking home the gold for most money raised. But — surprise! — one startup operating in a B2B FinTech industry rarely seen on the VC roundup landed the second-largest investment round of the week. Check out who it is.
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Innovation

UpKeep Helps Facilities Maintenance Go Digital
 

While most people might not think of maintenance workers as desperately in need of a digital upgrade, the facilities managers of the world would likely beg to differ. UpKeep’s software platform turns a once paper-dominated, inefficiency-laden process for assigning and tracking work into a digital hub that streamlines that workflow. Karen Webster talked to CEO and Founder Ryan Chan about why two of the biggest names in venture capital kicked in some cash, how two of the biggest names in hospitality are using it — and its potential application in the gig economy.

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