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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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The Multibillion-Dollar Problem Of B2B Payments Friction

PYMNTS

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. The vast majority (91 percent) said they used the Bacs system to make their B2B payments, though half said they used SWIFT more than four times a month.

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Barclays Taps B2B Payment Startup For Accelerator

PYMNTS

Of the 2,000 startups that applied to join the Barclays Accelerator program , just 40 were accepted, the bank’s head of open innovation, Arian Lewis, recently told Finance Magnates. Among them is B2B Pay, which provides free International Bank Account Numbers (IBAN) for companies exporting into Europe.

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Greensill Accelerates Payments To UK Pharmacies With Forecasting

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We are always delighted to be able to use our technology to remove finance costs from a supply chain but never more so than when we can support small businesses that play such a key role in supporting our nation’s health.” billion) of supply chain finance payments annually. billion pounds ($1.5

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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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Small Businss Banking Secures New FinTech Unicorn

PYMNTS

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. business accounting startup Countingup announced a $4.94 Targeting freelancers and self-employed professionals, Countingup offers a mobile-first banking solution that merges accounting and banking. Countingup.