FLEETCOR to invest $1 billion in M&A, OpenEnvoy on the headache of invoice fraud, and Repay finalizes its CPS Payments acquisition
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 4, 2020

       BUSINESS-TO-BUSINESS EDITION

Innovation

Regulators Line Up For Trade Finance Modernization

Before the global pandemic, a worldwide $1.5 trillion trade finance gap plagued businesses eager for capital to fuel their cross-border operations. As the market recovers, demand for trade finance will, too and digitization will be essential to optimizing workflows. Surecomp Vice President of Digitization Tsafrir Attar spoke with PYMNTS about why regulators are finally embracing innovation in the trade finance space after years of paper and snail mail.

 

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Commercial Cards Tracker

Corporate Card Innovators Bank On Continued Business Spend

Corporate travel may still be at record lows, but that doesn't mean corporates aren't making good use of their commercial card products. In this week's Commercial Card Tracker, PYMNTS looks at the latest corporate card solutions that reveal the opportunity of rapidly-digitizing commercial payments. From a mobile app to beefed-up rewards, the latest solutions are embracing the shift of spend to the card.

 

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Invoice Fraud

Combatting The Two-Sided Headache Of Invoice Fraud

The pain point of combatting invoice fraud and errors is not necessarily a complex one: either the invoice and purchase order match or they don't. The problem, however, is a lack of time and resources for AP teams to go through every single document to identify discrepancies. OpenEnvoy Co-founder and CEO Matt Tillman tells PYMNTS why invoice fraud is a headache for both buyer and supplier and what automation can do to help.

 

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What's Hot


FLEETCOR Looks To Invest $1B Despite Pandemic M&A Slowdown


Hong Kong Digital Payment Platform Statrys Lands $5M


Repay Holdings Seals Deal For CPS Payment Services


Alfa-Bank Signs On To Contour International Trade Finance Network


Cybercrime Botnet Leader Ordered To Prison In $100M Scheme


Best Of Yesterday


How Digitizing India's Food Supply Chain Promotes Payments Modernization


Easing The Online Shift With Integrated Invoicing


B2B Use Cases Drive Up Real-Time Demand


 

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