Prospa Pursues IPO (Again) | Banks’ $1B FX Rigging Fines | The Back Office Eyes The POS

8 days ago


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Prospa to try again for IPO, EU fines banks for FX manipulation and Yoke Payments talks connecting the front and back office
 


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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE


May 17, 2019


       BUSINESS TO BUSINESS EDITION

B2B Fraud Tracker


Ireland’s Growing Invoice Redirect Fraud Problem


Authorities in Ireland warn businesses about a rise in “CEO fraud” that gets unwitting victims to pay up in invoice redirect fraud. Separately, individual cases show the impact of invoice fraud on businesses as disparate as healthcare companies and feed stores.


 


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VC Investments


SoftBank Investment Creates $3.5B Supply Chain Finance Firm


Software-as-a-Service proves a popular target with investors this week, particularly in the cybersecurity space. However, the largest round came courtesy of the SoftBank Vision Fund, which provided $800 million to a supply chain finance company, bolstering its valuation up to about $3.5 billion. Plus, news this week emerged of a few upcoming IPOs that will further test investors' appetite for B2B firms.


 


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Data & Business Intelligence

Why The Back Office Should Pay Attention To The POS


The B2B financial services space now recognizes the importance of its platforms integrating with each other. However, that often leaves one massive silo in place, separating the front office from the back. Yoke Payments VPs Mike Johnson and Ben Thomas explain to PYMNTS why the point-of-sale must be integrated to back-office platforms like inventory and accounting, too.


 


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