Mooncard eyes France's path to biz card adoption, Uber Freight adds reviews feature and U.S. vendors claim Saudi Arabia late payments
| | | | BUSINESS TO BUSINESS EDITION | | B2B Payments Fraud Tracker |
| Patisserie Valerie Saga Finds Fake Invoices Ongoing investigations into the £40 million fraud that felled Patisserie Valerie find that fake invoices were involved. Elsewhere in the world, misuse of procurement cards stirs investigations at several U.S. universities. In addition, Wirecard slumps on the heels of fraud reports involving allegedly bogus contracts and âround tripâ transactions. |
| B2B FinTech Firms Address Risk To Land Investor Support Stripe makes headlines with its $100 million funding round this week, but it isn't the only B2B FinTech to secure new backing. Many of the firms in this week's roundup are targeting risk â of non-compliance, loan defaults and more â with more than $205 million in combined deals. |
| | Commercial Cards | | How FinTech Plans To Shift The Tides Of France's Commercial Card Adoption In France, a culture of relying on employees to front business travel expenses, combined with a lack of value-added functionality, means commercial card adoption is significantly lower than that of the U.S. Mooncard CEO Tristan Leteurtre tells PYMNTS that, while the T&E space offers a path to broader corporate card penetration in the country, virtual cards probably still won't be on corporates' wish lists. |
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