Voyager Digital CEO: Corporate treasuries are giving crypto a second look, Oracle unveils new supply-chain finance tech, Alibaba integrates with U.S. shipping solution ShipStation
| | | | BUSINESS-TO-BUSINESS EDITION | | B2B Transportation Biz Cranks Up Tech And Logistics To Meet New Normal The pandemic is prompting more and more of both the wholesale and retail U.S. auto business to go digital, opening up new markets for B2B auto shippers like Manheim Logistics. Manheim Vice President Joe Kichler tells PYMNTS that cars sold online need delivery, while trade-ins need pick up. And the struggling U.S. economy could soon add car repossessions to the mix. Hereâs what he expects to see next. |
| Commercial Card Innovation |
| Partnerships, Investments Boost Corporate Spend Management With Cards The corporate card is helping businesses manage their expenses and have easier access to data thanks to partnerships and investments. This weekâs commercial card innovation tracker finds an expanded integration between Teletrac Navman and FLEETCOR, as well as an $18 million investment for spend management platform Spendesk. |
| | Cryptocurrency | | Crypto Gets A Second Look From Corporate Investors Seeking Yield And Hedge With interest rates near zero and the Office of the Comptroller of the Currency (OCC) recently allowing certain banks to hold crypto assets, some companies are considering putting some funds from corporate treasury and cash management accounts into assets like stablecoins. Steve Ehrlich, co-founder and CEO of licensed cryptocurrency broker Voyager Digital, tells PYMNTS that regulatory moves like the OCCâs represent the first step toward widescale adoption of the idea. Hereâs what he expects to follow. |
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