KPMG launches B2B payments fraud solution, ACI Worldwide joins US Faster Payments Council, and TriumphPay talks shipping's biggest accounts payable challenges
| | | | BUSINESS-TO-BUSINESS EDITION | | The Payments And The Platform Economy Playbook⢠|
| Fraud Control, Business Travel And Staying Competitive In The Sharing Economy There is no faster way to lose a customer than to sell them a fake product, as homesharing platforms are finding â especially when servicing business travelers. Fending off fraudsters from posting false advertisements is, however, easier said than done. Chung-Man Tam, CEO of peer-to-peer (P2P) business travel booking site 2nd Address, explains how listing fraud is contributing to loss of trust for homesharing platforms and how artificial intelligence (AI) can help. |
| B2B FinTechs Diversify Funding Strategies With M&A, IPOs Talk of a weakening tech venture capital market continues to grow, but new research suggests B2B FinTechs need half as much funding as B2C firms to reach unicorn status. Plus, as this week's B2B Venture Capital roundup reveals, the B2B space is diversifying its fundraising strategies through merger and acquisition (M&A) activity and initial public offering (IPO) plans. |
| | Accounts Payable | | Why Carriers' AR Hurdles Are Key To Solving Shippers' AP Problems Shipping and logistics is notorious for its complexity. Shippers, freight brokers and carriers all have their own systems of record, and when peripheral service providers like factoring companies are thrown into the mix, it's a recipe for cash-flow bottlenecks. TriumphPay Senior Vice President and Chief Operating Officer Melissa Forman explains why accounts payable technology, in this market, will not be successful unless it takes into account carriers' biggest accounts receivable challenges too. |
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