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Looping Legal Cannabis Into The World Of Trade Credit

PYMNTS

Payments in the legal cannabis industry is a tricky nut to crack. While the general expectation is that federal legalization is on the horizon, it will take some time for electronic payment rails to open up to legal cannabis businesses, meaning cash is likely to persevere as the dominant transaction method for the short- to medium-term.

Legal 111
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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. Late last week the EU’s executive branch introduced proposed rules to provide legal guidance and clarity for corporates and investors to adopt cryptocurrencies. B2B Payments To Drive Instant Payments Adoption.

B2B 129
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Propense.ai Raises $3M in Seed Funding for AI-Driven B2B Cross-Selling Platform

CPA Practice

anticipates client needs and streamlines the sales experience for accounting and legal professionals by providing them with highly probable cross-selling recommendations for existing customers, making it the first platform of its kind to maximize revenue opportunities for professional services firms. That’s where Propense.ai

B2B 52
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Strategizing Corporate Legal Departments’ Invoice Payments

PYMNTS

While opportunities for supply chain finance and dynamic discounting can be found across verticals, demand for these capabilities is particularly high in the corporate legal services industry. “It’s a very symbiotic relationship between the in-house legal department and outside counsel,” he told PYMNTS in a recent interview.

Legal 52
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Open Banking APIs Meet B2B Payments

PYMNTS

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.

B2B 76
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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

B2B 77
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How Cannabis Can Become A B2B Payments Innovation Influencer

PYMNTS

The legal cannabis market’s financial services challenges are, by now, well-known. For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved.

B2B 84