Today in B2B payments, LoginID’s CFO discusses the balance of collaboration tech, and Experian launches a data toolkit for business lenders. Plus, Kwayga explores buyer-supplier trust in global supply chains, Cardlay secures new funding and Apruve expands its AR automation solution to China.
Supply chain diversification is critical in today’s climate, and while discovering new B2B partners may be as easy as a Google search, being able to trust those firms is a far more arduous task. Kwayga Chief Technology Officer Chris Kennedy tells PYMNTS how mitigating risk from the onset can set B2B pairings up for success further down the line, from payments to delivery.
Global PayTech Ventures (GPT) has invested in Danish financial technology firm Cardlay, whose technology allows for live card issuance and management in addition to other types of white-label front-end payment services “at scale,” according to a Tuesday (April 27) announcement. “We’re excited about Cardlay because their unique platform provides massive value to their customers worldwide — banks, companies and their cardholders,” GPT Founder and Managing Partner Javier Perez said in the announcement.
Apruve, the U.S.-based company working in long-tail credit and accounts receivable (AR) automation, has expanded its solution for the China market, a press release said on Tuesday (April 27). Apruve’s services help cut down on the time and resources necessary for the management of higher-volume small accounts. Customers in China will now be able to reap those benefits with simplified digital transaction experiences. With the platform enhancements, Apruve’s credit and AR capabilities will see a boost, offering transactions in currencies from China and the U.S.
Read More On B2B Payments:
- ancora Software, excelerateds2p Team On Invoice Automation
- Axele, Apex Capital Partner On Carrier Factoring
- CFOs Seek A Delicate Balance In Collaborative Technology
- Keeping Trust At The Heart Of Buyer-Supplier Discovery
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