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VCs Back Autobooks For SMB Banking

PYMNTS

The company provides online banking platforms with small business solutions to help FIs better service their SMB clients. The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We

Detroit 122
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Widening Borrower Protection’s Scope To SMBs

PYMNTS

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136
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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. SESAMi/Capital Match. Based in Germany, Fraugster raised more than $13.9

Software 158
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The new competitiveness in corporate payments

Accenture

Tim brings a unique perspective to treasury management services, having worked in industry, for solution providers and in consulting, helping commercial banks meet changing client expectations with new product and market strategies. 2 Accenture Research on S&P Capital IQ data. percent between 2017 and 2019, down from 5.1

Payments 150
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Neutralizing The Clash Of The B2B Buyer And Supplier Titans

PYMNTS

As it exists now, onboarding new business relationships requires knowledge, as well as an embrace of many payments terms and preferences that vary by market and country. It’s a significant problem, as PYMNTS found, and as detailed in the Trade Credit Dilemma Report , where $3.1 trillion is the net amount U.S.

Payments 114
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Ripple Sizzle, Retail Sales Fizzle And PepsiCo Makes Digital Deliver For CPGs

PYMNTS

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. The question becomes, how do you take this thinking and move it to online?”.

Retail 124
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Table of Contents: Amazon’s product strategy. Market strategy outside the US. Product strategy: Amazon takes on financial services. Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. Amazon’s Next Financial Pillar.

Cards 101