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Oracle Streamlines Corporate Bank Account Management

PYMNTS

The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The solution aims to simplify banking for businesses with multiple bank accounts in multiple currencies.

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BNPL Provider Openpay Launches In US

PYMNTS

The target customers, according to the release, are "finance-savvy and of an older demographic who use Openpay plans as a cashflow management tool.". In addition, Openpay has a Software-as-a-Service (Saas) platform called Openpay for Business, which helps companies manage trade accounts end-to-end, the release stated.

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Brex Integrates With Accounting Platforms

PYMNTS

Commercial card startup Brex has announced the launch of a portal to connect cardholders to accountants. The integrations enable cardholders to automatically connect transactions from their Brex cards into their accounting and expense management solutions. “Today’s product announcement combines those two investments.”

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B2B Investors Go Big For Autonomous Fleet

PYMNTS

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

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How Offshoring Has Moved Far Beyond Bookkeeping

CPA Practice

accounting profession is facing a much-discussed conundrum. Approximately 300,000 professionals left public accounting in 2021 and 2022 and fewer college students are choosing to pursue accounting as a career. This is another area where outsourced providers can become a valuable part of an accounting firm’s strategy.

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B2B FinTech (Finally) Enjoys A Busy Week Of Funding

PYMNTS

While there’s been much hype surrounding venture capitalists’ growing attention on B2B FinTech, this year has largely been lackluster for the industry. This week, however, B2B startups enjoyed a solid moment of funding, as familiar names like Tipalti were joined by newcomers like Zervant to address an array of business finance needs.

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Apruve Extends Payment Capabilities To Unilog B2B Marketplace

PYMNTS

Unilog provides a B2B eCommerce solution to help businesses embrace online resources in their procurement processes. Handling B2B eCommerce payments is a manual and complex process, requiring credit approvals and financing, invoicing, account setup, etc. program, an accelerator venture for commerce-related businesses.

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