Barclaycard adds virtual cards to Amadeus, logistics startups raise $1.3 billion and banks embrace Banking-as-a-Service
| | | | BUSINESS TO BUSINESS EDITION | | B2B Payments Fraud Tracker |
| State Employees In Mississippi Targets Of Direct Deposit Scam BEC makes inroads, now through attempted direct deposits into employee bank accounts, and where state employees in Mississippi are among those being targeted. Elsewhere, an MP in the U.K. stands accused of falsifying expense reports. In the U.S., a farmers' collective is bilked for millions of dollars by a former employee. |
| Logistics, Alt Lending Lead B2B Startup Funding The more than $1.59 billion raised by B2B startups this week showcases investors' interest in business finance and payments. FinTech firms â including a firm targeting B2B payments friction in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital â all landed new funding. However, it's logistics leading the mega-investment rounds this week. |
| | FinTech | | How Invisible Engines Drive FinServ Innovation Banks that want to stay competitive in the digital era have to do more than have a slick front end to their digital banking touchpoints, NovoPayment CEO Anabel Pérez tells Karen Webster â because consumers also want function and flow. Itâs why banks worldwide seek out FinTech firms as the invisible engines of innovation to connect the dots between banking on the back end and the consumer experience on the front. Details here. |
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