article thumbnail

What Open Banking Means For China, Challenger Banks And SMBs

PYMNTS

Implications on data security in the financial services market are particularly sensitive, he added, particularly as the government looks to reign in shadow banking.

article thumbnail

Small, Early-Stage Funding Rounds Dominate B2B FinTech

PYMNTS

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Last year, accounts payable automation company AvidXchange raised a whopping $225 million. The nation saw four startups take home investment out of a total of seven investment rounds. B2B Payments.

B2B 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect

PYMNTS

Enter the B2B Payments Tipping Point Playbook, a PYMNTS and Mastercard collaboration, which investigates how businesses in a wide variety of industries — from financial institutions (FIs) to government agencies — are planning to invest in B2B payments innovation going forward.

B2B 46
article thumbnail

Workforce Spend Sector Gets Busy

PYMNTS

As application programming interfaces (APIs) and digital banking promise unheard of levels of control, companies are eyeing the 40 percent or more of revenues that go to spend — and specifically, how much can drop to the bottom line by using artificial intelligence and accounts payable automation in creative new ways. “A

article thumbnail

Tipalti Integrates Technology Into Three FinTech Partner Platforms

PYMNTS

Accounts payable automation firm Tipalti announced a string of partnerships this week in deals that see the partner linking their own customers to Tipalti tools. Tipalti said in a press release on Wednesday (July 25) that it struck deals with Vindeo, Teampay and Sovos.

article thumbnail

B2B Payments: Moving From Inertia To Ignition

PYMNTS

It’s a layer of bureaucracy and inefficiency,” said Oduwole about the effects of governments’ inflation and other financial measures that can limit a company’s ability to operate in a given market. Unfortunately, that figure also signals that they have yet to make the adoption leap from wanting, to doing.

B2B 59
article thumbnail

Professionals on the Move: Feb. 2024

CPA Practice

Schell is well-versed in generally accepted accounting practices (GAAP) and generally accepted auditing standards (GAAS), advising C-suite and governing boards, along with other business stakeholders, on a range of compliance risks, accounting pronouncements, audit observations, and technology and process automation.