Blockchain bank startup BABB hires CIO, Funding Circle adds traditional lending partner, and Ripple co-founder now fifth richest person in America.
 

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January 52018

       BUSINESS TO BUSINESS EDITION

Payments Innovation

Payments Innovation Down Under, Organized By Tribes And Squads
 

Big banks can be nimble when it comes to dueling with digital disruption. One example comes from Australia: ANZ is refashioning itself into tribes and squads with a mindset that small teams can spur big change in payments and beyond, as Chris Venter, technology transformation head, tells Karen Webster.
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VC Investments

Intel Capital Leads Push To Back Big Data Startups
 

Big Data was the big winner in this week's B2B venture capital breakdown, as startups explore how to help the enterprise handle the deluge of data at its fingertips now that corporates are embracing digital tools. The industry scored the most funding, and largest single funding round, of the week, but firms targeting corporate T&E, payments friction and document management also landed on the board. PYMNTS breaks down the $104.25 million in total venture capital raised this week.
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Accounts Payable

In The UK, Invoice Processing Drags On Time, B2B Profits And Morale
 

The paper chase — of the invoice kind — can hurt supply chain efficiency, B2B relationships and even staff morale, as Wax Digital has found in a recent study. Director Daniel Ball tells PYMNTS that the key to better profits, and even happier staff, lies with automation and technology.

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