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Supplylogix Secures Pharmaceutical Inventory Management Patent

PYMNTS

The company targets the pharmaceutical industry, and its patent will enable industry players to transfer inventory of medications based on demand, the firm said. “We The pharmaceutical industry is active in the exploration of tech and FinTech to enhance supply chain and other business management processes.

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B2B Pay Pursues Status As Regulated Bank

PYMNTS

B2B payments and international money transfer company B2B Pay has announced plans to become a regulated financial institution, and is looking to investors to fuel its growth. bank Barclays announced support for B2B Pay as part of its Tel Aviv Barclays Accelerator program. In 2016 U.K.

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India’s Marg ERP Develops B2B ePayment Platform

PYMNTS

India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform. ” He added that the beta version of the digital B2B payments platform is now live, with plans to launch the solution across the country.

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Report: Using Digital AP To Build Faster Subcontractor Payments Flows

PYMNTS

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. The September CFO Guide To Digitizing B2B Payments explores how corporate buyers are streamlining their B2B transactions with digital payments and supplier onboarding tools.

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BEC Scammers Embrace Coronavirus Opportunity

PYMNTS

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment , Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.

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B2B Investors Get Smart About Business Intelligence

PYMNTS

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5 The funding follows $2.5

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Corporate Fraud Reveals The Breadth Of Scammer Tactics

PYMNTS

The Federal Trade Commission recently filed a complaint against Yellowstone Capital, Fundry and their officers, alleging the merchant cash advance companies had been withdrawing funds from small business bank accounts. PYMNTS breaks down the numbers of the latest in B2B fraud below.