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