Today in B2B payments, Provi discusses B2B payments digitization in the alcoholic beverages industry, and HSBC launches a multi-currency corporate eWallet. Plus, IRIS Software Group explores cross-border payroll innovation, KPMG collaborates on eInvoicing and Thunes raises new funding.
Keeping pace with employees’ shifting needs for on-demand wages and new payout methods is a challenge, and meeting those demands on an international scale — and remaining compliant — can be a massive headache. IRIS Software Director of International Payroll Services David Munn explains how to ease the pain.
Global cloud platform Esker, which works in artificial intelligence (AI)-driven process automation, will enter into a strategic partnership with KPMG Finance, which works in auditing and consulting, a press release said on Tuesday (May 18). With the alliance, both companies intend to combine their experience to help companies’ finance departments with digital transformations.
The Singapore FinTech Thunes, which connects payment players in numerous countries, is now backed by Insight Partners in a new $60 million growth round, a press release said on Tuesday (May 18). The company reportedly intends to look at expanding its network and boosting its dynamic team. In addition to Insight Partners, the new round was supported by “existing shareholders,” and the support from Insight Partners will bolster Thunes’ financial and operational resources. Insight Partners has invested in more than 400 companies worldwide, with over $30 billion in capital commitments.