Mastercard links with Vipera for spend management, Cambridge and QUAIL partner on vendor payments, and Accenture explores VCs’ interest in B2B FinTech.
| | BUSINESS TO BUSINESS EDITION | Faster Payments Tracker⢠|
TRENDING: Fixing B2B Paymentâs $18.5 Trillion Problem B2B cross-border payments snag when compliance checks donât keep up the pace. Thatâs an $18.5 trillion problem, according to Brion Nazzaro, U.S. and group compliance director of WorldRemit. Itâs a problem, Nazzaro says, that can be solved using digital tools that already speed P2P remittances. He explains in the latest Faster Payments Trackerâ¢. |
Amazon, Walmart Announce New Blockchain Ventures Blockchain is now an official word in the Merriam-Webster dictionary, and its addition is symbolic of the technologyâs continuing proliferation. More concrete evidence of blockchainâs growing popularity includes new research that predicts VC investments in blockchain companies to surpass 2017 levels, as well as the latest moves by some of the worldâs largest companies â including Amazon, Walmart and JD.com â to deploy blockchain solutions. |
| Payments Innovation | What's Driving VCs' Attention To B2B FinTech FinTech's popularity with investors shows no signs of slowing, with data finding 2017 funding for the industry to hit its highest yet. The numbers point to the B2B FinTech market as an increasingly important space for VCs, too, says Accenture Financial Services practice senior managing director Julian Skan. He tells PYMNTS how AltFin and bank collaboration drive up the value of B2B players, and why investors are realizing that, in some ways, B2B startups may be a better bet than B2C. | | |
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