Cartona has raised $8.1 million in a Series A extension fundraise to continue growing the product rollout, verticals and offerings of its B2B platform for businesses in Egypt and, in the future, other markets in the Middle East and North Africa (MENA) region. The platform currently...
The Alibaba International Digital Commerce Group plans to launch an artificial intelligence (AI)-powered “conversational sourcing engine” in September. This new tool will facilitate the global B2B sourcing process for small- to medium-sized businesses (SMBs) by enabling quicker, easier searches for potential business partners and products, the company...
The phrase “going digital” has transformed from a mantra to a business model. And at the same time, the transformation from paper-based processes to digital solutions has become not just a strategy but an imperative — one that is revolutionizing B2B payments and operations. This...
B2B payments have traditionally been defined by legacy versus electronic mechanisms. But in today’s nuanced and dynamic landscape, the ongoing evolution of B2B payments is increasingly marked by solutions and innovations that strike a delicate balance between traditional methods and emerging technologies. PYMNTS sat down...
If all goes well, the future of business processes won’t look anything like its past. And that holds particularly true in business-to-business (B2B) payments, where the past — and even the present — is riddled with manual processes, paper-based workflows and legacy inefficiencies. And those...
Every coin has its flip side. And when it comes to the finance and treasury functions of their organizations, businesses are increasingly calling both ‘heads’ and ‘tails’ to navigate today’s operational uncertainties. This shift toward a greater convergence and potential synergies between the roles of...
You wouldn’t do something by hand when a computer could do it better, would you? What about wait an extended period of time when a more streamlined way was available? For many enterprise businesses, that’s exactly what they do when it comes to B2B payments:...
Expense solutions firm Emburse has teamed with accounts payable (AP) company Finexio. The partnership lets Emburse customers shift to Finexio’s artificial intelligence (AI)-powered platform, trading manual processes for a digital ecosystem, the companies said in a Tuesday (July 30) news release. “Our customers are increasingly looking for payment options...
The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks to the digital realm, enabling embedded payments to accelerate transactions and facilitate terms for buyers...
