Prospa to try again for IPO, EU fines banks for FX manipulation and Yoke Payments talks connecting the front and back office
| | BUSINESS TO BUSINESS EDITION | Irelandâs Growing Invoice Redirect Fraud Problem Authorities in Ireland warn businesses about a rise in âCEO fraudâ that gets unwitting victims to pay up in invoice redirect fraud. Separately, individual cases show the impact of invoice fraud on businesses as disparate as healthcare companies and feed stores. |
SoftBank Investment Creates $3.5B Supply Chain Finance Firm Software-as-a-Service proves a popular target with investors this week, particularly in the cybersecurity space. However, the largest round came courtesy of the SoftBank Vision Fund, which provided $800 million to a supply chain finance company, bolstering its valuation up to about $3.5 billion. Plus, news this week emerged of a few upcoming IPOs that will further test investors' appetite for B2B firms. |
| Data & Business Intelligence | Why The Back Office Should Pay Attention To The POS The B2B financial services space now recognizes the importance of its platforms integrating with each other. However, that often leaves one massive silo in place, separating the front office from the back. Yoke Payments VPs Mike Johnson and Ben Thomas explain to PYMNTS why the point-of-sale must be integrated to back-office platforms like inventory and accounting, too. | | |
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