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Revolut launches its own acquiring solution, enables businesses to accept online payments

News | Online Payments | 09 Dec 2020

Revolut has launched its own acquiring solution, enabling businesses to accept card payments from their customers.

Revolut, product launch, acquiring solution, businesses, card payments, Revolut Business, merchant, WooCommerce, PrestaShop, Magento, monthly invoices, Payment Links

CoCoNet, PostFinance to offer cash management solutions

News | Online & Mobile Banking | 04 Dec 2020

Germany-based CoCoNet has partnered with Switzerland-based PostFinance supporting it in becoming a digital bank offering cash management solutions for businesses.

CoCoNet, PostFinance, partnership, digital banking, online banking, businesses, WCM, financing , Multiversa

CardUp partners with Visa to launch new cross-border payments solutions for businesses

News | Payments General | 02 Dec 2020

CardUp, the digital credit card enablement platform, has launched a new solution that enables businesses to instantly access credit on international payments at competitive rates. 

CardUp, Visa, cross-border payments, businesses

Coupa launches inclusion initiative aimed at connecting businesses with suppliers

News | E-invoicing, SCF & E-procurement | 22 Oct 2020

Coupa Software has announced an initiative focused on making it easier for enterprises to increase their spend with diverse and inclusive suppliers.

Coupa, businesses, suppliers, product launch, supply chain

Link4 launches InvoiceExpress to help SMEs

News | E-invoicing, SCF & E-procurement | 20 Oct 2020

Australia-based Link4 has released its InvoiceExpress solution to bring the benefits of e-invoicing to small and medium businesses (SMEs), according to the official press release.

Link4, InvoiceExpress, SMEs, e-invoicing, invoices, Australia, SMEs, businesses, cloud accounting system, cash flow, outstanding invoices, overdue payments, PEPPOL

OakNorth Bank approves GBP 1.1 bln in new loans

News | Payments General | 13 Oct 2020

UK-based OakNorth Bank has approved GBP 1.1 billion in new loans to support UK businesses through COVID-19, including over GBP 400 million through the CBILS and the CLBILS. 

OakNorth Bank, loans, UK, United Kingdom, businesses, COVID-19, CBILS, CLBILS, lending, economy, Ultimate Finance, The Jade Hotel, Red Oak Taverns, Dewing Properties, Bluegem Capital Partners

Philippines-based PayMongo secures USD 12 mln Series A led by Stripe

News | Payments General | 28 Sep 2020

Stripe has led a USD 12 million Series A round in online payment platform PayMongo, as announced by the startup.

Philippines, PayMongo, Stripe, startup, online payments, online payment platform, fintech, businesses, Y Combinator, accelerator program, Global Founders Capital, Bedrock Capital, financial institutions, payments API, online payments API, API, apps, bank cards, digital wallets, GrabPay, GCash, commerce, messaging apps, PayMongo Links, fraud, risk detection

HSBC India rolls out Omni Collect to support businesses accepting payments

News | Payments General | 28 Aug 2020

HSBC India has introduced Omni Collect — a one-stop solution to provide multiple payment options on single platform.

HSBC India, payments , API, data wallet, businesses, product launch, Customer Reference number, Omni Collect

UK-based businesses benefit from government-backed loan schemes

News | Payments General | 10 Aug 2020

The British Business Bank has announced that the regional distribution of loans under the CBILS and the BBLS matches the respective share of UK businesses in each region. 

UK, businesses, government backed loan, loan schemes, British Business Bank, CBILS, BBLS, loans, London, South East, East of England, North West

MatchMove introduces cross-border remittance platform for businesses

News | Payments General | 07 Aug 2020

MatchMove, the Singapore-based Banking-as-a-Service platform, has announced the launch of its new remittance platform, RemitSend by MatchMove, to enable cross-border business-to-business (B2B) remittances for businesses.

MatchMove, cross-border remittance, businesses, transactions , RemitSend by MatchMove

B2B payments 2019-2020 – key drivers of innovation

Voice of the Industry | Payments General | 27 Jul 2020

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry

B2B payments, fintech, virtual cards, B2B transactions, cards, investments, acquisitions, digital payments, innovation, partnerships, coronavirus, expansion, corporate cards, cross-border payments, commercial payments, investors, fraud, card schemes, businesses, PSPs, payments , suppliers, digitisation, corporates, banks, payment providers, travel, expenses, commercial card

Sidetrade Unpaid Invoice tracker: what the pandemic has taught us

Voice of the Industry | E-invoicing, SCF & E-procurement | 21 Jul 2020

With billions of euros tied up in unpaid invoices during lockdown, Rob Harvey, Global Director at Sidetrade, shares learnings about B2B late payment across Europe based on the findings of Sidetrade’s Unpaid Invoice tracker

AI, invoicing, late payments, lockdown, digitalisation, coronavirus, study, Sidetrade, Sidetrade Unpaid Invoice Tracker, cash flow, liquidity, businesses, The Netherlands

1pm announces that lending under the CBILS is now live

News | E-invoicing, SCF & E-procurement | 23 Jun 2020

1pm, the independent provider of finance facilities to UK SMEs, through its wholly-owned subsidiary, Onepm Finance, has announced that lending under the Coronavirus Business Interruption Loan Scheme (CBILS) is now live.

1pm, lending, CBILS, payments , finance, invoice finance, loans, businesses

Alibaba adds more digital features for B2B customers

News | E-invoicing, SCF & E-procurement | 03 Jun 2020

Alibaba Group has announced a series of new features for its Alibaba.com platform, which seeks to connect international suppliers with buyers. 

Alibaba, digital, B2B, trade finance, cross-border trade, businesses

UK pulse: business sentiment rises but Covid-19 concerns persist

News | Payments General | 25 May 2020

The Bank of Ireland Economic Pulse has come in at 44.0 in May 2020, recovering a little from the lowest recorded reading in its history in April 2020.

Bank of Ireland, Economic Pulse, study, economy, house prices, consumers, businesses, UK, Ireland, COVID-19

Modern Bank partners with OakNorth to support US businesses through the Covid-19 crisis

News | E-invoicing, SCF & E-procurement | 16 Apr 2020

OakNorth, the credit analysis and monitoring platform, and Modern Bank have announced a strategic partnership to support US businesses through the COVID-19 pandemic. 

Modern Bank, OakNorth, US, COVID-19, loans, businesses

Fiserv provides businesses with new solution to secure customer's personal info

News | Digital Identity, Security & Online Fraud | 08 Apr 2020

Payments and financial services technology solutions provider Fiserv has revealed a new solution  for businesses to better secure customer data.

Fiserv, businesses, personal information, security, data protection, tokenization, digital transformation, encryption, merchants

Standard Chartered commits USD 1 bln to finance companies helping to tackle Covid-19

News | Payments General | 31 Mar 2020

Standard Chartered has announced that it will commit USD1 billion of financing for companies that provide goods and services to help the fight against Covid-19, and those planning the switch into making products that are in high demand to fight the global pandemic. 

Standard Chartered, financing , loans, businesses, coronavirus

63 percent of SMEs haven't switched business account provider in five or more years

News | Payments General | 25 Mar 2020

Revolut Business, a global business account, has released the findings of its “2020 Vision: Taking a closer look at antiquated banking practices” report.

Revolut Business, SMEs, UK, payments , banking, SMEs, businesses, report

Rapyd, Visa partner for fintech and payment services

News | Online Payments | 18 Feb 2020

B2B fintech as a service provider Rapyd has announced a new agreement with Visa, which aims to help Rapyd expand its worldwide business operations.

Rapyd, Visa, partnership, fintech, businesses, B2B, payments , cross-border, Issuer, Acquirer, cards, expansion