Microsoft launches expense management app, Citi and HSBC join part of global trade finance initiative and PayStand launches in Mexico
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 192018

       BUSINESS TO BUSINESS EDITION

B2B Payments Fraud Tracker

Invoice Fraud Hits Microsoft?

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere, Patisserie Valerie finds a huge cash shortfall, and a new report says payments fraud seems inexorably on the rise.

 

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VC Investments

VCs Back Startups' Solutions For Siloed Enterprise Data

Though B2B FinTech firms looking to disrupt small business banking and expense management made some noise this week, the real focus for B2B venture capitalists centered on the data analytics space — particularly as businesses struggle to capture the data they need as it's stored across disparate platforms. In total, nearly $128 million in fresh funding was raised by business-focused tech startups this week, with more than one-quarter of that going to data management firms.

 

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Logistics

Shipwell On Driving Logistics Innovation Through Connectivity

Despite technologies like IoT and blockchain promising to revolutionize the logistics space, Jason Traff, president and co-founder of Shipwell, says shipping and freight is one of the few spaces that hasn’t seen massive technological disruptions. He tells PYMNTS that to accelerate payments, streamline data and get everybody involved onto the same page, technology must first connect businesses. Only then can innovation occur.

 

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What's Hot


Microsoft Debuts Expense Management App


Citi, HSBC Join Bank Group In Global Trade Finance Effort


PayStand Tackles B2B Payments Friction In Mexico


Azimo Steps Into Business Payments Space


NatWest Uses Blockchain For Syndicated Loans


Best Of Yesterday


Xerox Explores The 'Hybrid' Approach To Digitizing Corporate Finance


SWIFT Exit For Iran As Sanctions Loom?


A Look Inside Switzerland's Plans To Bank Crypto Businesses


 

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