article thumbnail

Diving Into The ‘Check-Replacement Cycle’

PYMNTS

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. Stepping back from the granularities of B2C and B2B payments, though, the executive said the groundswell of faster payments is inexorable. Why B2B Lags. The Larger Picture.

B2C 66
article thumbnail

B2B Finance As A Service Tops This Week’s VC List

PYMNTS

million to the company that deploys machine learning to accelerate supplier payments in the accounts payable department. Augmentum Fintech announced its investment in Tide at the same time it revealed two other B2B FinTech targets. The firm also invested in B2B payments company Previse, providing $2.6 In all, Previse raised $6.8

B2B 40
article thumbnail

Beanworks Looks to Help Businesses Update Outdated Accounting Technology

PYMNTS

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.