Western Union partners with Certify, RBS gets defensive about SMB scandal and why blockchain needs cooperation and competition.
| | | | BUSINESS TO BUSINESS EDITION | | TRENDING: The Role Of APIs In Igniting LATAM B2B X-Border Payments eCommerce in Latin America is now an $80 billion business â and with that comes the pain of paying suppliers cross border. APIs are helping to automate delivery and speed of payment in the Latin America market, says Kevin Fox, vice president at NovoPayment, in the latest issue of the latest B2B API Tracker. This monthâs issue explores the role of APIs in overcoming cross-border payables pains, and updates the player profiles of more than 40 providers in the space. |
| VC Seems To Fizzle Out For B2B FinTechs Once again, alternative finance generated the most backing from investors this week in the world of B2B FinTech â though not from venture capitalists. Instead, VCs leaned conservatively toward a mix of firms operating in the financial management space for SMBs, and in the treasury management market for mid-level and larger enterprises. All in all, investments totaled more than $178.6 million, though more than 80 percent of that came in the form of debt funding. It seems VC has cooled off a bit on the B2B FinTech front. |
| | Blockchain | | Corporates Go For The âCoopetitionâ Model Of Blockchain When the Association for Financial Professionals surveyed corporate treasurers about blockchain last year, just 1 percent said theyâd adopted the technology, with professionals citing a lack of awareness as a key hurdle to implementation. Ron Quaranta, chairman of the Wall Street Blockchain Alliance, says education is paramount to getting corporates prepared for distributed ledgers. There's another component to this journey, too, he told PYMNTS: creating the right environment that mixes cooperation with competition. |
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