Kabbage launches payment processing service, Mastercard expands its Brex corporate card collaboration and IPS discusses Fed's eInvoicing plans
| | | | BUSINESS-TO-BUSINESS EDITION | | Visa: Tap-To-Pay Gains Steam As B2B Volume Hits $1T, Annualized In the continued drive to become a "network of networks," Visa finished its fiscal year with payment volumes up 9 percent, cross-border payment volumes up 7 percent â and B2B volumes at $1 trillion annualized. CEO Alfred Kelly pointed toward expanded growth with traditional FIs and FinTech firms â and shed light on how SRC can smooth eCommerce friction points. Take a dive. |
| China B2B FinTech Nabs The Venture Capital Spotlight U.K. challenger banks Tide and Starling Bank ramped up their competition once again, as the two rivals each announced new funding. Yet, small business banking wasn't the only highlight of this week's B2B venture capital roundup, with the two largest fundraises showcasing China's rising B2B FinTech ecosystem in areas like expense management and invoicing. Hereâs our look. |
| | IPS | | What eInvoicing Standardization Could Mean For AP Automation While all eyes are on the Federal Reserve's faster payments initiatives, the Fed is quietly working on another less flashy (though no less important) initiative: eInvoice standardization. IPS President and CEO Greg Bartels tells PYMNTS about the major impact this would have on accounts payable operations â and, in the meantime, tech's role in tackling invoice processing friction. |
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