JPMorgan has biggest tech budget, CreditDigital talks B2B POS financing, and Mastercard and Wells Fargo join blockchain doubters
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

March 292019

       BUSINESS TO BUSINESS EDITION

Blockchain

Wells Fargo And Mastercard On Blockchain: Oversold?

Hope and hype, and maybe both at the same time, but when it comes to reality, blockchain has yet to live up to its potential in terms of real use cases. That’s the sentiment expressed by executives from a number of financial services firms that are committing time and capital to various blockchain projects.

 

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VC Investments

Logistics Scores Another Unicorn For B2B Startups

Equity investments reigned this week, thanks to backing for AP automation firm MineralTree and treasury management company Kyriba, but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. More than $690 million landed across the market, with corporate travel, small business cybersecurity and trade finance also securing new funds.

 

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B2B eCommerce

POS Financing Makes Its Way Into B2B eCommerce

Retailers are embracing point-of-sale (POS) financing as a way to improve the customer experience and cut cart abandonment rates. B2B online sellers want to do the same, but they must understand the nuances of the industry: Businesses don't abandon their online shopping carts for the same reasons consumers do. CreditDigital CEO Daniel Lipinski tells PYMNTS how POS financing can help B2B eCommerce evolve independent of the B2C space.

 

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