Software Procurement Plays Favorites With B2B Investors

PYMNTS

However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup.

SMB Software Firm Zetran Jumps Into Accounting

PYMNTS

Small business software provider Zetran is adding an accounting solution to its suite of services, the company said on Sunday (June 17). In a press release , Zetran said it saw a gap in the market for affordable automation software for small and medium-sized business accounting firms. The company aims to help fill that gap with its new accounting software product, myBooks.

NEW REPORT: Getting SMBs Off The Software Sidelines

PYMNTS

Sometimes, even the best businesses, big and small, need a little help from software. The latest PYMNTS.com Developer Tracker™ , powered by Vantiv, looks at companies around the space using software development to help build their businesses.

Odoo Targets Chinese SMBs With ERP Software

PYMNTS

Enterprise software company Odoo is expanding into the Chinese market to target small businesses (SMBs) in need of enterprise resource planning (ERP) systems. B2B Payments B2B china ERP Inspur News Odoo SMBs software What's Hot In B2BA press release on Monday (April 16) said Odoo has launched a joint venture with Chinese cloud computing firm Inspur to expand into the market.

Customer Self-Service Software Market Expected To Reach $13B By 2023

PYMNTS

A new report revealed that the customer self-service (CSS) software market was valued at more than $5 billion last year, and is expected to grow to $13 billion by 2023. According to Global Customer Self-Service Software Market — Growth, Trend and Forecasts (2018 – 2023) , many companies are utilizing self-service portals to deliver instant information to their customers and clients on a variety of channels, including mobile phones, personal digital assistants, laptops and more.

Fusion Pulls Suppliers Into Its Corporate Risk Management Software

PYMNTS

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The updates include connectivity with third parties, allowing its Fusion Framework System users to engage with their suppliers and other third parties in supply chains to streamline the vendor risk assessment process.

NEW REPORT: Winning The Omnicommerce Race Around The Software Track

PYMNTS

From technology and financial service providers expanding their mobile offerings to software designers aiming to turn challenges for retail brands into software solutions, companies around the Developer space looked to bolster their offerings over the past month.

Amazon Replacing Retail Vets With Software

PYMNTS

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. ” Tasks like forecasting demand, ordering inventory and negotiating prices to algorithms were handed to machines, but humans could initially override the software’s decisions. Kwon started her own eCommerce management and software company, helping fashion and beauty merchants sell on major platforms, including Amazon.

JDA Software Leads The Way To Digital And Omnichannel Retail

PYMNTS

Enter JDA Software. “At In addition to stocking the right items at the right location, JDA Software deployed through the XTP system can help retailers schedule the right employees at the right times and at the right location. Software companies have to think differently about the needs of the retailer now,” Prewitt said. “It’s Retail is more than a product on a shelf.

EU Rule Change Could Boost Software Investment at Banks

Bank Innovation

New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms.

Zensoft Moves To Accept Cryptocurrencies For Enterprise Software Projects

PYMNTS

Enterprise software company Zensoft wants to accept cryptocurrencies from its corporate clients and has announced a partnership with OPEN to facilitate that goal. 26) they are working together to enable Zensoft to accept digital currencies as payment for enterprise software development projects. The software company will deploy OPEN’s API, its blockchain Scaffolds and its State transaction receipts solution.

Bill: Tech Firms Must Disclose US Adversaries’ Software Reviews

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tech companies to disclose if they allowed American adversaries to examine software sold to the U.S. The bill, approved by the Senate Armed Services Committee, comes after Reuters discovered that tech companies including Hewlett Packard , SAP and McAfee have allowed a Russian defense agency to look over software source code for vulnerabilities. In addition, some of the reviewed software was already deeply embedded in some of the most sensitive parts of the U.S.

Nucleus Software Adds Trade Finance Tech To FI Offerings

PYMNTS

Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has integrated more features into its offering to expand its clients’ trade finance capabilities. Nucleus Software noted that digitization of supply chain and trade finance processes can reduce that unnecessary spend and automate processes like document evaluation and due diligence.

SAP Consolidates Front-Office Software, Announces CoreSystems Takeover

PYMNTS

SAP has announced what Reuters called “its biggest product makeover in years,” as the enterprise software conglomerate steps up against rivals. The publication said Tuesday (June 5) that SAP is consolidating its sales, marketing and customer service software, bundling the offerings into a suite of solutions under its business planning offerings. Simultaneously, SAP also revealed the acquisition of Coresystems , a Switzerland-based customer service software provider.

Malauzai Software: 2017 Slow Growth Rate for Mobile Banking Apps

Bank Innovation

A recent report by Malauzai Software showed that new app growth rate among banks and credit unions has slowed down by 8% this year. DataBank credit union Malauzai Software Mobile banking

Software AG Buys Zementis For Deep-Learning Capabilities

PYMNTS

Software AG has inked a deal to acquire Zementis, the San Diego, California company that provides software for deep learning, which is a component of machine learning and data science. In a press release , Software AG said deep learning is a key technology that drives artificial intelligence development. This combination has played a major role in the recent strategic IoT partnerships Software AG has established.”.

Innovative Bank Software Is Only Valuable If It Works

PYMNTS

Tricentis just scored one of the biggest funding rounds for a B2B startup in a while — raising $165 million — for its software testing solution. According to Sandeep Johri, CEO of Tricentis , the investment reflects just how large the software testing industry is and how much enterprises are willing to spend on automated solutions. “It’s Testing software is a critical component of any organization’s progress and efforts to stay on top of innovation and technology.

SME Inventory Software Sees Small-Screen Debut

PYMNTS

Acctivate is readying to debut its small business inventory management software, but the company won’t be doing so quietly. In an announcement on Friday (April 1), the firm said it will present Acctivate Inventory Management Software on national television.

Android Devices Could Get Infiltrated With Tracking Software

PYMNTS

Its long been known that Android devices aren’t as secure as Apple’s iOS, but a new report revealed that some Android devices could get infiltrated with software that tracks a user’s behavior with their mobile device, including phone calls and text messages, and sends the data to China. The report noted that China-based Shanghai Adups Technology developed the software, which is installed on an unknown amount of Android-based devices. The software doesn’t stop there either.

H&R Block Inks Tax Software Partnership With Walmart

PYMNTS

Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At At H&R Block, we give our clients the flexibility to prepare their taxes however they want, which includes offering them the products they want where they shop,” said Heather Watts, the tax software company’s senior vice president and general manager of digital. Retail H&R Block News partnership stocks tax software Uber walmart What's Hot

How SME Accountants Can Compete With Software

PYMNTS

Automation and accounting software may be to blame, the publication said. The firm just announced a partnership with SME cloud accounting frontrunner Intuit QuickBooks, an alliance that will help BDO extend Intuit’s financial management software to the firm’s clients. ” Johnson noted there are key performance indicators — the metrics that need to be understood in order for a company to grow and progress — that cannot be automatically identified by software.

How Software Can Help Airlines Rebook Passengers

PYMNTS

In terms of trends, Barodawala has discovered some interesting patterns through the software. Either way, airlines can use the software to direct people to lower capacity flights by offering them more money for a one flight over another. Airlines often have a tough time with an inconvenient yet necessary aspect of running their businesses — quickly moving passengers between flights.

Apple Wants SAP Software On Enterprise iPhones

PYMNTS

Apple is reportedly working with SAP to ensure that enterprise users of its smartphones and tablets can use SAP software on the devices. Reports in The New York Times Thursday (May 5) said Apple and SAP have launched a collaboration to develop iOS-friendly SAP software, the firms announced. SAP explained that it will be working to create mobile business apps for Apple devices that run on its HANA software platform.

Citi Ventures Invests In AI Software Company Anaconda

PYMNTS

The software is popular with younger generations, which is an important group to attract. “We’ve American Banker , citing Citi Ventures, reported that the investment shows banks are embracing and implementing AI. According to the report, the investment provides more insight into how Citigroup is using AI across the company.

Microsoft Acquires Intentional Software To Boost Teams

PYMNTS

Microsoft just recently announced the acquisition of Intentional Software, a tech company with a focus on team productivity applications founded in 2002 by Microsoft’s own former chief architect Charles Simonyi. The move to acquire Intentional Software signals Microsoft’s intent to boost its future productivity solution capabilities.

Aspect Software Chatbot, Agent Sync Achieves Customer Satisfaction

PYMNTS

In the latest the latest Aspect Agent Experience Index by Aspect Software , it was revealed that approximately 80 percent of calls that come into a call center are ones that require little effort. Aspect Software Chief Customer Officer Joe Gagnon commented on this chatbot and agent mix phenomenon in the company’s release. ” Retail Aspect Software call center chatbot chatbots customer care customer satisfaction customer service News

Enterprise Software IPOs To Lead Charge In 2017

PYMNTS

and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. According to a report in Malay Mail , expected IPOs out of Snap, Apttus, Tintri and Okta are a leading indicator that there is wider demand for software IPOs heading into the new year. What’s more, the enterprise software companies tend to have valuations in the moderate range of from $500 million to $4 billion. Snap Inc.

Miles Software Teams Up With SBM Bank; Salim Group Invests In Youtap

PYMNTS

In addition, Miles Software is partnering with SBM Bank (Mauritius) Ltd. India -based Miles Software has teamed up with SBM Bank (Mauritius) Ltd. CIO Samir Khare said, “SBM has established its leadership position in the regional financial services industry, and with this strategic engagement with Miles Software, the bank will be able to reinforce this position with even more innovative solutions and higher standards in customer service.”

Tricentis Raises $165M To Rival Software Testing Leaders?

PYMNTS

30) said Tricentis raised $165 million last week for its software testing services. The Series B funding will help the company expand its footprint in the software testing market, which CEO Sandeep Johri said is slowed down by manual testing. After, testers assess that software , identify bugs then hand the software back to coders to fix. Once most of the bugs have been identified and fixed, the software goes into beta testing, where even more are discovered.

HP Enterprise Software Sale A Guessing Game

PYMNTS

Hewlett Packard Enterprise (HPE) is looking to separate out its software unit, reports late last week said. Reports by The Wall Street Journal , and circulated by other outlets , said HPE is seeking between $8 billion and $10 billion to sell its software unit, leaving HPE to focus on its cloud storage services, networking, servers, business-critical systems and technology systems, reports added. software firm Autonomy in 2011.

Brave Software Launches Beta Of Brave Payments

PYMNTS

Brave Software , the new ad-free browser, announced last week it released Brave for desktop and the beta of Brave Payments, its bitcoin-based micropayments system that lets users automatically and privately pay their favorite websites. Because of that, neither Brave Software nor any other entity can correlate browsing page visits with payments. Payment Methods ad-free browser adblocker Brave Software News What's Hot

JDA Software + TransVoyant Take On Supply Chain Predictability

PYMNTS

Regardless of whether you’re talking about — retail, manufacturing or wholesale distribution — organizations are trying to become more agile,” said Fabrizio Brasca, VP of Industry Strategy at supply chain and retail solutions provider JDA Software. For their part, JDA Software recently expanded its partnership with predictive analytics company TransVoyant, which employs advanced analytics on real-time big data curated from a number of devices to produce live and predictive insights.

VW Will Build Its Own Connected Vehicle Software

PYMNTS

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. A “new software operating system, to be known as ‘vw.OS’ … will be introduced in VW brand electric cars from 2020 onwards.”. OTA Software.

Inside Secure announces its Whitebox 3.0 software crypto-security tool

The Paypers

software crypto-security tool that protects cryptographic keys and algorithms inside mobile apps that demand advanced security (The Paypers) Inside Secure has announced its Whitebox 3.0

Ingo Money And Prelude Software Pair Up To Kill The Insurance Check

PYMNTS

When Prelude Software was getting its start 30 years ago, fixing payments for insurance carriers meant solving for what EVP Bill Clausen called a “benign but important request,” which was finding a way to switch from pre-printed check stock to blank check stock. And for Prelude Software, it was an important starting (but not ending) point for their wider world of moving the very paper-based world of insurance payments into the digital era.

Pebble Shuts Down After Fitbit Buys Software

PYMNTS

In a press release , Fitbit said it acquired Pebble’s key personal and intellectual property related to software and firmware development. Fitbit, the leading wearable fitness tracker device maker, announced Wednesday (Dec. 7) that it has acquired Pebble, a pioneer in the smartwatch markets. The acquisition excludes the company’s hardware products. Terms of the deal were not disclosed, but media reports last week pegged the price tag at anywhere from $35 million to $40 million.

NEW REPORT: How One Health And Wellness Company Carbo-Loads On Software

PYMNTS

Can software development be the ultimate workout program for an eCommerce business? With new capabilities that allow companies to target or understand consumer behavior better than ever before, businesses of all shapes and sizes are looking to build up their software strength.

GE Software Unit Expects To Hit $6 Billion In Sales This Year

PYMNTS

GE may have something with its software business, announcing Tuesday (Nov. 15) that its software and services business is expected to hit $6 billion in sales in 2016. Predix helps GE customers create software that can power internet-connected industrial machinery and have the machines communicate with each other. The two startups — BitStew and Wise.io — will also add artificial intelligence to the Predix software. Internet of Things GE IoT software What's Hot

HP Enters Cannabis Enterprise Software Market With Flowhub

PYMNTS

HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. Reports on Friday (April 13) said HP is collaborating with Flowhub to develop software for legal cannabis companies. The tools will offer point-of-sale (POS) hardware and software, as well as other business management tools. Flowhub’s compliance software will be integrated into that system.

Software Eats The (Retail) Workforce

PYMNTS

When most people worry about computers taking over the future, they are more likely than not reacting to the sort of sci-fi doomsday scenario they see in movies like “The Terminator” or “The Matrix.” For those who are unfamiliar, the plot for such a scenario involves human beings building computers that become self-aware and decide immediately to overthrow and enslave us.

SWIFT Software Hack Details Emerge

PYMNTS

Bad news broke on Monday morning (April 25) for global payments messaging platform SWIFT as BAE Systems released analysis concluding that cyberthieves hacked into SWIFT’s software , causing the $81 million bank heist from the Bangladesh central bank. A blog post on the company’s site outlined how attackers hacked into SWIFT’s Alliance Access software, which supported the Bangladesh Bank’s payment system infrastructure.

Business valuation software: What are the benefits?

Sageworks

Web-based business valuation software can automate and standardize data collection, especially when financial data can be imported into the solution from Excel, a general ledger system or a write-up package. Moreover, software modeled after the SSVS No.

Nvoicepay Integrates Into Viewpoint’s Construction Software

PYMNTS

Just days after the FMB published its findings, invoice payment firm Nvoicepay announced a partnership with Viewpoint , a software firm targeting the construction space. The latest research in B2B payment practices within the construction sector isn’t good: Two-thirds of small- and medium-sized businesses (SMBs) surveyed by the U.K.