Flywire discusses the data gap in B2B payments optimization, Deutsche Bank launches corporate payments platform in Thailand, and OneSource Virtual launches early wage payroll cards
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 19, 2021

       BUSINESS-TO-BUSINESS EDITION

Voice of the CFO

How Finance Automation Backs A Complex Business Model

As a high-growth company with a complex billing model, Reveal understand the value of a strong data strategy. Yet its back-office financial operations still have plenty of ground to cover on the modernization journey. CFO Patrick Garvey discussed the FinTech strategy he'll use to support his company's business model, and why it's important for any business's head of IT to be on even par with the CFO.

 

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VC Investments

Accounts Receivable, Accounts Payable Emerge As Lucrative VC Targets

Though it was not the most lucrative week for B2B FinTech funding, the latest investment rounds came from a variety of markets including Saudi Arabia and Sweden. Newly-backed technologies include solutions for the accounts payable and accounts receivable side of B2B transactions, small business financial management and financing, with news of an upcoming funding round on the way for an SMB-focused challenger bank.

 

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B2B Receivables

No Remittance Data Means Lots Of B2B Payments Friction

For all the talk of B2B payments digitization last year, corporates still face plenty of friction in their payment workflows, as new data from PYMNTS and Flywire reveal. Though firms may turn to technology to tackle those individual pain points, Flywire Executive Vice President and General Manager, B2B Ryan Frere told Karen Webster that companies can be even more effective at removing friction by using software to bill and collect money from their buyers.

 

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What's Hot


Deutsche Bank, 2C2P Roll Out Collections System In Thailand


RowanPay Launches Blockchain Network


Beeline, Brightfield Team On New Over-Spending AI Solution


OneSource Virtual Debuts Access To Wages By Payroll Card


Corporate Confidence Reaches New High


Best Of Yesterday


Monopolizing The SMB Customer Relationship Through Embedded Finance


Corporate Treasurers Hedge Against The Risk Of The Unknown


Businesses Drive Up Demand For Settlement Speed


 

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