| Artificial Intelligence, AP Automation Prove Hot Tickets With VCs
Between the impressive $300 million funding raised by AvidXchange and Element AI's healthy $103 million round, B2B FinTechs saw one of the strongest weeks for funding so far this year. But don't overlook the little guys: SME accounting, accounts receivable, and blockchain all landed more cash from investors this week, proving interest in B2B finance and payments innovation is alive and well.
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| 39 U.S. States Were Hit By Russian Cyberattacks Before 2016 Election
Bloomberg reports that 39 states were affected by Russian cyberattacks in the months leading up to the 2016 U.S. presidential election. That's twice as many states as previously reported, and officials still don't know how deep the rabbit hole goes. Plus: Is bitcoin to blame for the surge in ransomware attacks? How do you rob a bitcoin bank account? Are these remote controlled cameras watching you? And who's carrying out the large-scale cyberattack against al-Jazeera in Qatar?
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| | eInvoicing | | Why eInvoice Adoption Wonât Guarantee ePayments Adoption
Even with the rise in electronic invoicing companies, Transcepta Vice President of Corporate Strategy and Development, Shan Haq, says the industry has failed to address a massive portion of suppliers that still bill their clients with paper invoices. In a recent interview with PYMNTS, Haq explains how that gap came to be and delivers some bad news to the B2B payments industry: Even if electronic invoicing adoption increases, Haq hasnât seen a link to rising electronic B2B payments adoption. Read More... |
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