Today In B2B Payments: Tinvio On Southeast Asia’s B2B Payments Modernization; Bain Capital Acquires B2B Medical Tech Marketplace
Today in B2B payments, Tinvio talks modernizing B2B payments and commerce across Southeast Asia, and Bain Capital acquires a B2B medical tech marketplace. Plus, PortPro explores drayage’s FinTech innovation gap, Kofax collaborates to digitize education workflows and BlackLine teams up on bank connectivity for CFOs.
Despite innovation in logistics, supply chain and trucking, drayage remains a niche space that has been historically overlooked by FinTechs. PortPro CEO and Founder Michael Mecca told PYMNTS why industry expertise is a must to ease some of the market’s biggest challenges for owner-operators becoming their own businesses — especially B2B payments.
Business automation software provider Kofax has joined forces with Coforce to help digitize the Dutch education sector, the companies announced in a Tuesday (July 20) press release. “It’s inspiring to work with our Dutch partner Coforce to accelerate digital workflow transformation in the education industry,” David Powell, senior vice president of EMEA sales at Kofax, said in the announcement. “The innovative automation solutions they’ve developed and compelling customer successes that have resulted speak to the impact that intelligent automation plays in helping organizations operate more cost-effectively and efficiently.”
Accounting automation software maker BlackLine said on Tuesday (July 20) that it is working with Kyriba, which provides cloud-based finance and IT solutions, to streamline digitization for chief financial officers and improve finance and treasury department collaboration. The two companies said in a news release that the partnership will let mutual customers accelerate bank connectivity, increase cash visibility and improve automation of financial close and accounts receivable processes.
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