Tradeteq, XinFin Team on Trade Finance NFT

PYMNTS

Tradeteq, which provides technology for trade finance asset distribution, has completed what it is calling the first nonfungible token (NFT) transaction based on trade finance, Global Trade Review reported.

APIs Unlock Financing For Underserved SMBs

PYMNTS

This week’s look at the latest in Open Banking and bank-FinTech collaboration finds tools to connect small to medium-sized businesses (SMBs) to financing and ease integrated payments for third parties. Dinie Raises Seed Funding For API-Fueled SMB Finance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

Vehicle Financing Startup Carputty Notches $7.2M

PYMNTS

Carputty is working to disrupt the car financing business and offer complete transparency, increased flexibility and quick answers to the loan information car buyers seek. Million to Simplify Car Financing. Car loan startup Carputty raised $7.2

Supply Chain Firm DP World Launches SMB Financing Platform

PYMNTS

The supply chain solutions firm DP World has launched CARGOES Finance, a financing solution and FinTech platform designed for small to medium-sized businesses (SMBs). Read more: BNY Mellon Introduces Blockchain Tech to International Trade Finance.

Paycor HR Leaders Survey: The State of American Business in 2021

In Paycor’s latest survey, more than 2,000 HR and Finance leaders told us about their plans for 2021. Download the survey for actionable insights and tips.

HighRadius and Riveron Partner on Finance Modernization

PYMNTS

Riveron is proud of our partnership with HighRadius, which aligns to our strategy of modernizing finance and our approach anchored to business processes,” said Brent Fisher, who leads Riveron’s technology enablement practice, in the joint announcement.

Brex Rolls Out Debt Financing Tool

PYMNTS

Silicon Valley FinTech Brex is launching a new product to extend debt financing with longer terms and speedier due diligence to some of its select business customers. B2B Payments B2B Brex debt financing News What's Hot In B2B

Blockchain — and the Cloud — Attack Trade Finance Pain Points

PYMNTS

International trade finance, beset by the same “paper chase” that is a hallmark of B2B transactions, could use a digital facelift. To that end, as reported this week, BNY Mellon, through the Marco Polo Network, has joined a group aiming to bring blockchain to international trade finance.

KWIPPED Debuts Equipment Financing Program APPROVE

PYMNTS

APPROVE, a new Software-as-a-Service (SaaS) powered by equipment financing programs and put out by KWIPPED , has finally launched after a yearlong pilot, according to a press release on Thursday (May 20). B2B Payments B2B Digital Payments financing Innovation KWIPPED News What's Hot In B2B

Sheffield, Suzuki Marine Team up to Offer Installment Financing

PYMNTS

Truist Bank’s Sheffield Financial and boating company Suzuki Marine are working together on a financing services program. Buy Now Pay Later BNPL News partnerships payments financing Retail Sheffield Suzuki Marine truist bank What's Hot

Join Co-Founder, Dennis Najjar, at the Accounting & Finance Show!

AccountingDepartment

Our very own co-founder, Dennis Najjar, will be speaking at this year's Accounting & Finance Show Americas 2021! virtual accounting financial management financing accounting trends accounting industry financial technology

Path to Becoming a CFO with Kelly Steckelberg, CFO at Zoom

Speaker: Jeff Epstein, Veteran Tech CFO, and Zoom CFO, Kelly Steckelberg

Join us for this very special conversation between veteran tech CFO, Jeff Epstein, and Zoom CFO, Kelly Steckelberg. The session gives us an opportunity to showcase the changes over time for CFOs, and draw comparisons between enterprise and fast-growing, early-stage companies.

Finance Factory Debuts Automated Credit Review Platform

PYMNTS

Finance Factory has rolled out its new automated credit review platform, which will be able to analyze 27 data points quickly and determine a borrower's fundability, a press release says. According to the release, Finance Factory can create solutions for "any kind of small business or startup."

IBM, MonetaGo Team Up to Tackle Trade Finance Fraud

PYMNTS

IBM is partnering with FinTech startup MonetaGo to tackle trade finance fraud, and it will set its sights first on Southeast Asia, according to a press release. Read more: Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief.

TrueCar Teams With AutoFi On Streamlining Auto Financing

PYMNTS

Online car retailer TrueCar is now working with AutoFi to give customers more advanced ways to explore auto financing. With the partnership, those who have configured payments with TrueCar will be able to apply for financing through the dealer of their own choice.

Santander Plans Launch Of Trade Finance Fund

PYMNTS

Santander ’s asset management arm will be rolling out a new fund letting clients invest in trade finance receivables, Reuters reported. In separate news, many of the problems in the trade finance sector can be traced to the use of paper for conducting business.

Mastercard Helps Businesses Unlock Working Capital With New Supply Chain Finance Offering

PYMNTS

21) a new B2B supply chain finance offering as part of its Track Business Payment Service. In traditional settings] the buyer is not getting a working capital benefit and the suppliers are not getting the financing and no one’s happy,” he said.

CFO’s Guide to Building an HR Team with Limited Time, Budget and Resources

Building the ideal HR team doesn’t happen overnight—especially when CFOs have limited time, budget and resources. But our new guide can give you advice on where to start and key focus areas you need to know. Download our guide today!

Saudi Aramco Explores Supply Chain Finance Initiative

PYMNTS

often referred to as Saudi Aramco, a shortened version of its former name, is trying to set up a supply chain finance network, The Wall Street Journal (WSJ) reported. B2B Payments B2B international News Saudi Arabian Oil Saudi Aramco supplier payments supply chain finance What's Hot In B2B

MVX, Payhippo Team On Trade Finance For Nigerian SMBs

PYMNTS

Nigerian digital freight and hauling company MVX has partnered with Nigeria-based artificial intelligence (AI)-driven SMB lending platform Payhippo to grow trade finance opportunities for companies across the region.

Where Invoice Finance Fits Within The Late B2B Payments Discussion

PYMNTS

Ray Lowrey , managing director at Praetura Invoice Finance (PIF), recently told PYMNTS that while these efforts are a positive development, there are other factors that must be taken into consideration when addressing small suppliers cash flow challenges.

Why FinTech Struggles To Combat The $1.5 Trillion Trade Finance Gap

PYMNTS

Trade finance has become a popular target of FinTech innovators looking to disrupt what has been, for decades, a manual, paper-based process. Traditional banks are unsurprisingly not always invested in revamping their own trade finance operations. trillion trade finance gap.

HR Benchmark Report: How to Recruit, Coach & Develop Teams

Do you really want a team of all-stars? Instead of trying to hire all Type A high performers, research shows it’s much more effective to hire a mix of personalities. In this report, Paycor will explain why and how to go about assembling, coaching, and developing effective teams at work.

Regulators Line Up For Trade Finance Modernization

PYMNTS

Trade finance is an area of financial services that is notorious for its continued use of paper and legacy systems. trillion trade finance gap that continues to plague the global market. But it's not the only way that digitization efforts are transforming the trade finance industry.

Bolero Launches Digitized Trade Finance Solution For Banks

PYMNTS

Cloud-based trade finance digitization firm Bolero International has launched a Trade Finance Platform-as-a-Service (TPaaS) offering called Galileo TPaaS for Banks , which will be the first white-labeled, as-a-Service trade portal for the industry, according to a press release.

Bolero, Virtusa Partner On Trade Finance

PYMNTS

Bolero International , which works in cloud-based trade finance digitization, has partnered with Virtusa Corporation in order to help with Bolero’s new white-label trade finance Portal-as-a-Service solution, Galileo TPaaS for Banks, a press release said on Wednesday (April 14).

JPMC: Why Working-Capital Trade Finance Is On The Rise

PYMNTS

And according to Fraser, that means banks will be poised to support that cash flow collaboration through trade finance innovation. “That needs to be financed,” Fraser said, “and it’s creating pressure on working capital that needs to be sized appropriately.”

The 21st-Century CFO: Inspiration and Insights from Top Experts in Finance

Their stories are informative and inspirational with careers forged in today's most storied companies. Our eBook pulls from Airbase's Path to Becoming a CFO interview series on the preparation, opportunities, and mistakes of 20 top names in finance.

Rho Announces $100 Million Debt Financing

PYMNTS

Rho Technologies has announced a $100 million debt financing from global impact investment firm, Community Investment Management (CIM), which will go toward new strategic investments and broaden its service offering to business clients, a press release emailed to PYMNTS said on Thursday (April 29).

Bill.com, Microsoft Team On Finance Automation

PYMNTS

Bill.com , which works in cloud-based software to help simplify, digitize and automate back-office processes, has new integrations with Microsoft products to help boost control of finances, a press release said on Monday (April 19).

Equipment Finance Keeps Pace With Logistics' Drive Toward Flexibility

PYMNTS

What’s more, according to First American Equipment Finance Senior Vice President Daniel Wallenhorst , these businesses are also faced with the need to adjust their capacity and services based on dramatic dips and surges in the needs of their clients. Equipment Finance Goes Niche.

Joust To Finance Freelancers’ Outstanding SXSW Invoices

PYMNTS

B2B Payments B2B Cancellation Coronavirus international invoice financing Invoices Joust News SXSW vendors What's Hot In B2B

Paycor CFO Survey: The State of American Business in 2021

In Paycor’s latest survey, more than 2,000 Finance and HR leaders told us about their plans for 2021. Download the survey for actionable insights and tips.

MarketFinance Eases SMB Financing With New Features

PYMNTS

United Kingdom-based MarketFinance , which serves small businesses with financing solutions, has recently rolled out an upgraded MarketFinance account, according to a blog post from the company.

Embedded Finance Narrows The Gap Between Brazil’s Small Business And Capital

PYMNTS

According to Vinícius Cibim , co-founder and chief financial officer of Brazil-based embedded finance FinTech Dinie , the country has made significant progress in recent years to drive economic inclusion through FinServ innovation.

Working Capital FinTech PrimeRevenue Boosts Receivables Finance Tools

PYMNTS

Working capital FinTech PrimeRevenue is augmenting its receivables finance solutions to enable financial institutions (FIs) to broaden their programs for receivables, a feature that is a unique tool in the market, according to a press release on Tuesday (Aug.

Embedded Finance: What’s Old is New Again

PYMNTS

Adam Cohen , general manager of enterprise at Payoneer , told PYMNTS that embedded finance is nothing new: “When you think about it, embedded finance is quite an old concept, and it’s been around for decades.”.

Data Progresses SMB Finance Beyond The Legacy Business Credit Score

PYMNTS

For the youngest companies, access to financing has always been difficult. As So explained, that’s because these firms have little financial history from which to draw upon when a lender underwrites financing. In an extraordinary display of resiliency, small businesses in the U.S.

Razorpay Acquires Embedded Financing Startup TERA Finlabs

PYMNTS

The Indian payments fintech Razorpay said on Monday (July 19) that it has acquired TERA Finlabs, a startup that provides embedded financing solutions for businesses.

Approaching Trade Finance From The Payables Side

PYMNTS

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their risks and drawbacks, and today, criticism continues to mount for certain invoice financing tactics in particular.

Insurify Snags $100M in Series B Financing

PYMNTS

Virtual insurance platform Insurify announced Thursday (Sept. 1) it has raked in $100 million in a Series B funding round, according to a press release. Insurify will use the money to “expand its operations and accelerate its growth initiatives,” the release stated.

Digital Platforms Improve Trade, Supply Chain Finance Between US, Mexico

PYMNTS

International trade, and trade finance , has long been dominated by what might be called the paper chase – the documents, the signatures, the invoices that slow down everything from ordering goods to getting shippers, truckers and exporters paid once the transaction is fulfilled.

Entersekt CFO Celebrates Privileged Position Of Finance Team

PYMNTS

Finance leaders dashed to digitization in the early days of the pandemic — not only as a means of promoting business continuity amid work-from-home requirements but also as a means of accelerating modernization plans that in many cases had already been in place.