Barclaycard adds virtual cards to Amadeus, logistics startups raise $1.3 billion and banks embrace Banking-as-a-Service
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 222019

       BUSINESS TO BUSINESS EDITION

B2B Payments Fraud Tracker

State Employees In Mississippi Targets Of Direct Deposit Scam

BEC makes inroads, now through attempted direct deposits into employee bank accounts, and where state employees in Mississippi are among those being targeted. Elsewhere, an MP in the U.K. stands accused of falsifying expense reports. In the U.S., a farmers' collective is bilked for millions of dollars by a former employee.

 

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VC Investments

Logistics, Alt Lending Lead B2B Startup Funding

The more than $1.59 billion raised by B2B startups this week showcases investors' interest in business finance and payments. FinTech firms — including a firm targeting B2B payments friction in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital — all landed new funding. However, it's logistics leading the mega-investment rounds this week.

 

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FinTech

How Invisible Engines Drive FinServ Innovation

Banks that want to stay competitive in the digital era have to do more than have a slick front end to their digital banking touchpoints, NovoPayment CEO Anabel Pérez tells Karen Webster — because consumers also want function and flow. It’s why banks worldwide seek out FinTech firms as the invisible engines of innovation to connect the dots between banking on the back end and the consumer experience on the front. Details here.

 

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What's Hot


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LendingClub Links Lenders To Loan Metrics Via Brismo


FDIC: Banks Pull In $237B In 2018


Best Of Yesterday


Challenging The Truths Of Small Business Banking


EU Parliament Eyes New Rules On Cross-Border Payment Fees


Getting Past The IRS: Tech Brings Efficiency To Mileage Reimbursements


 

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