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Coupa, American Express Team On Virtual Cards

PYMNTS

American Express is working with Coupa on a new partnership to use virtual cards for Coupa's B2B solution, a press release says. Coupa Pay, the Coupa B2B solution, will be available for customers of AmEx's virtual cards, in a move meant to streamline the old payment processes which the release calls "outdated, complex, and inefficient.".

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Fast, simple, secure payments with Chaser Pay: An embedded payments solution for SMEs

Accounting Insight

Chaser, the global accounts receivables software launched Chaser Pay. This innovative payment solution is seamlessly integrated within Chaser’s accounts receivable software, making it simple, secure, and efficient for businesses of all sizes to process payments.

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VCs Back FinTechs That Help Other Firms Manage Money

PYMNTS

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 based Hourly announced a $7.15

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Spend Controls Fuel Commercial Card Innovation

PYMNTS

Finaxar Teams With Visa On SMB Spend Management. Finaxar , a Singaporean FinTech, has rolled out its Flex by Finaxar initiative that will work with Visa to assist small- to medium-sized businesses (SMBs) in harmonizing expenditures, receivables and payables. Coupa Connects With American Express For B2B Virtual Card Payments.

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AI Finds Harmony With Accounting, Procurement Professionals

PYMNTS

While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials. Accounting could be among the hardest hit industries. “This presents both positive opportunities and potential pitfalls.”

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Beyond The US, Open Banking Goes Beyond The Consumer

PYMNTS

According to reports, banks are looking for alternatives to the traditional data aggregation tactic of screen scraping, which requires users of financial services platforms to provide their usernames and passwords to their online banking accounts to share financial information with that platform. Yet, outside the U.S., Another U.K.

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Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. “It’s a very expensive form of financing,” Grant added. .”