Microsoft launches expense management app, Citi and HSBC join part of global trade finance initiative and PayStand launches in Mexico
| | | | BUSINESS TO BUSINESS EDITION | | B2B Payments Fraud Tracker |
| Invoice Fraud Hits Microsoft? Invoice fraud â changing details so that money is routed to fraudstersâ bank accounts â may have hit Microsoft through one of its own employees. Elsewhere, Patisserie Valerie finds a huge cash shortfall, and a new report says payments fraud seems inexorably on the rise. |
| VCs Back Startups' Solutions For Siloed Enterprise Data Though B2B FinTech firms looking to disrupt small business banking and expense management made some noise this week, the real focus for B2B venture capitalists centered on the data analytics space â particularly as businesses struggle to capture the data they need as it's stored across disparate platforms. In total, nearly $128 million in fresh funding was raised by business-focused tech startups this week, with more than one-quarter of that going to data management firms. |
| | Logistics | | Shipwell On Driving Logistics Innovation Through Connectivity Despite technologies like IoT and blockchain promising to revolutionize the logistics space, Jason Traff, president and co-founder of Shipwell, says shipping and freight is one of the few spaces that hasnât seen massive technological disruptions. He tells PYMNTS that to accelerate payments, streamline data and get everybody involved onto the same page, technology must first connect businesses. Only then can innovation occur. |
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