Avalara discusses tax challenges for global businesses, C2FO acquires Priority Vendor and Payment Logic eyes mixing B2B payment rails
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 11, 2019

       BUSINESS-TO-BUSINESS EDITION

eCommerce Tax

Brexit And Beyond: Crossing The International eCommerce Tax Rubicon

The eCommerce tax policies are fragmented across the globe. Firms that seek to navigate new markets must grapple with unfamiliar languages and regulations — and missteps cost money. Richard Asquith, vice president of global indirect tax at Avalara, tells PYMNTS of the tax-related challenges awaiting firms large and small as they sell across the globe — with Brexit looming large as a potential disaster in the making.

 

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VC Investments

Small Business InsurTech Finds The Next Unicorn

Following one of the busiest weeks of the year for B2B startup venture capital funding, this week has revealed a lull in the market. Still, investors placed more than $368 million into the space, often in the form of Series B rounds for a range of B2B players — including fleet management, small business (SMB) banking and global payments. It was an SMB InsurTech startup, however, that led this week's roundup, as well as becoming the market newest unicorn.

 

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Commercial Cards

For Commercial Cards, Mixing Rails Seems A Promising Path To Adoption

Commercial card acceptance remains among the biggest hurdles to adoption in accounts payable. Increasingly, industry players are finding that using a combination of payment rails can address friction in B2B card payments. Sam Plowman, CEO of Payment Logic (which recently announced a partnership with Visa), tells PYMNTS that mixing rails can not only boost card adoption, but address some of the biggest security risks with cards. Here’s why.

 

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