Tagged: b2b payments

March 5, 2020 @ 1:19 am By Omar Faridi  |  

Credorax, a Fintech bank and smart payments solution provider, has committed to a memorandum of understanding (MoU) with Samsung SDS Europe, a company focused on developing digital transformation solutions.  The two firms plan to create and bring to market Credorax’s automated distributed ledger technology (DLT)-enabled… Read More

January 2, 2020 @ 9:27 am By Omar Faridi  |  

Companies might think that they have to spend more money to generate more revenue, however, many are reportedly spending a lot more than what’s required in order to keep their accounts payable (AP) departments operational. Paper checks are still the main method through which American… Read More

November 20, 2019 @ 2:52 pm By Samantha Hurst  |  

Citi announced on Wednesday it has launched a new cross-border platform to help its multinational clients manage the complexities in collecting cross border business-to-business payments. According to Citi, Citi Global Collect will help multinational clients continue to extend their global reach. The financial group claims… Read More

October 21, 2018 @ 3:27 pm By Samantha Hurst  |  

PayStand, a blockchain-based, B2B payments firm, announced last week it has expanded its operation into Mexico by opening a new office in Guadalajara. According to PayStand, the new office bolsters the company’s continued focus to deliver a robust digital payments network for businesses. While sharing more details… Read More

July 30, 2018 @ 9:13 am By Samantha Hurst  |  

TransferMate, an Ireland-based cross-border B2B payments technology solution, announced over the weekend it secured a €21 million investment from European bank ING Group N.V. As part of the investment, ING reportedly received a small minority equity stake in Transfermate. TransferMate also revealed that as part of the… Read More

July 19, 2018 @ 10:50 pm By Samantha Hurst  |  

PayStand, the blockchain-based, B2B payments company reinventing commercial finance, today announced that it is partnering with Silicon Valley Bank and First Data in Class 8 of Commerce.Innovated., an accelerator program focused on growth and innovation in finance. According to PayStand, Commerce. Innovated is designed to help… Read More

June 27, 2017 @ 4:09 pm By Jonathan Nieh  |  

Last week, Visa posted a new job opening for an Ethereum engineer to continue work on the company’s growing blockchain technology products. The company had previously launched an international B2B payment solution that utilized blockchain technology last year. Ethereum Developer Wanted The job posting describes Visa’s… Read More