Amazon Business invoicing takes effect, AvidXchange on B2B's future and Citi integrates commercial cards into Cvent.
| | BUSINESS TO BUSINESS EDITION | In FinTech, The Race For Patents (And More) Patents are the lifeblood of innovation, and innovation the lifeblood of FinTech. In the race for FinTech-related patents, it seems tech firms are leading banks. Elsewhere, the U.K. garners some headlines tied to cross-pollination between traditional financial players, AI and tech upstarts. No surprise, itâs all aimed at digitizing financial services. |
How Traveling Employees Turn Into Banks For Their Employers Expense reports and reimbursements are a burden on finance departments, yet Conferma estimates U.K. employees spend a combined $380M of personal cash when traveling for work. This essentially turns workers into a bank for their employers, Conferma research warns, and it's adding cash flow stress on those professionals. |
| Data Drivers | Who Has The Balance Of Power In B2B Payments? A podcast that began as a chat about the adoption of Same Day ACH in the middle market turned into a thoughtful and â at times â spirited debate about who really holds the power in the B2B payments world: buyers or suppliers. AvidXchange Co-founder Chris Elmore said the suppliers do; Karen Webster begged to differ. Who made the most persuasive case? | | |
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