Remove 2028 Remove Management Remove Operations Remove Technology
article thumbnail

Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses.

article thumbnail

FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Study Finds Trucking Company Bankruptcies Increased In 1H 2019

PYMNTS

The shortage could top 100,000 drivers in five years and 160,000 drivers in 2028. Operating costs are up, and spot pricing is down. The trucking shortage is now in the tens of thousands of positions, according to American Trucking Association Chief Economist Bob Costello, as reported by USA Today.

Company 123
article thumbnail

5G & The Future Of Connectivity: 20 Industries The Tech Could Transform

CB Insights

Move over, 4G — the next generation of wireless technology is here. 5G technology will enable wider network coverage, more stable internet connections, and faster data transfer speeds (from 4G’s 1Gbps to 10Gbps). 5G technology could integrate many unconnected, energy-consuming devices through low-cost connections.