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Digitizing B2B Payments: Virtual Cards Save CFOs Invoicing And Payments Hassles

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These strains are prompting more construction firms to turn to faster, digital means of conducting their B2B transactions. The November CFO’s Guide To Digitizing B2B Payments report examines how companies are modernizing their AP and accounts receivable (AR) processes for smoother procurement experiences. About The Report.

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Payments Initiation Opens The B2B Door For QR Code Payments

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Their use for B2B payments, however, remains limited — but in the U.K., While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. A B2B Opportunity.

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A New B2B FinTech Unicorn, And More Funding Ahead

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B2B technology startups continue to gain valuable attention among venture capitalists. In a recent report , seed investors explored why their focus has turned to enterprise startups as opposed to consumer-facing technology firms after the publication’s analysis revealed that today’s seed investments favor B2B startups over B2C.

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Sage: Changing B2B Payments Behavior

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That includes corporates, too, as firms like PayPal press into the B2B payments and small business finance market – but they’re not always doing it alone. Case in point: PayPal recently partnered with business management firm Sage to enable businesses to pay their supplier invoices with a PayPal business account.

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Hong Kong Digital Payment Platform Statrys Lands $5M

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“This new financing will help us to accelerate the development of the company both in terms of products, with the addition of local currency accounts, payment card, integration with accounting software, and geographically, as we will target new markets in South-East Asia,” Statrys Founder and CEO Bertrand Theaud said in the announcement.

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Accountants Reveal Small Businesses’ Biggest Financial Mistakes

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14) said Intuit’s report found a lack of proper record-keeping landed at the top spot of the list of the biggest frustrations for small businessesaccountants, with nearly three-quarters of professionals surveyed saying this was the most common problem they saw. Reports Thursday (Sept.

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Mastercard Enables Vendor Payments Within MYOB Platform

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Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. By identifying pain points such as manual processing and working with global partners to come up with solutions, we can give small business owners more control over their operation.”