Uhue Bank of America Adds Insights to CashPro Platform
Today in B2B payments, American Express rolls out small business loans in Canada, and First Abu Dhabi Bank collaborates with Mastercard on corporate cards. Plus, REPAY par
stanley ca tners up for accounts payable, Tungsten teams up on invoice finance and the U.K. unveils its
stanley thermoskanne latest small business support measures.American Express Brings SME Loans To CanadaAmerican Express聽is rolling out business loans in Canada in an international exte
stanley cup nsion of its current corporate financing offerings. American Express, which is working with聽ODX, will provide unsecured business loans ranging from $5,000 to $250,000 CAD approximately $3,950 to $196,900 to some of its small and medium-sized business SMB clients in Canada, according to a Thursday Feb. 11 announcement. Paul Roman, vice president and general manager of global commercial services of American Express Canada, said the card remains an important B2B payment method for SMB clients, although the company is aiming to develop a collection of products to support business owners aside from the card.First Abu Dhabi Bank Teams With Mastercard On Corporate CardsFirst Abu Dhabi Bank FAB 聽has inked a five-year strategic partnership arrangement with聽Mastercard聽for corporate cards and payment offerings. The two companies seek to jointly streamline B2B payments for firms in the country, making them smoother, safer and more accessible, according to an聽announcement. Mastercards corporate cards and payment platforms will be made accessible to the financial Zqdm How To Optimize Cross-Border Commerce
Daimler AG, the maker of Mercedes-Benz, reached a deal with Uber Technologies in which Daimlers self-driving vehicles will be included in Ubers network in the next few years.According聽to a report by聽Bloomberg,聽while the companies didnt provid
stanley becher e much details about how the arrangement will work, the deal did show that Uber is willing to open its ride-hailing business to technology offered by other companies.Daimler had been making a big push into developing self-dr
stanley france iving technology, and the deal could put it on the path to monetize self-driving cars once the technology is ready. Daimler spokesman Hendrik Sackmann told Bloomberg the agreement isnt expected to include Daimler and Uber working together to develop technology for self-driving cars. Auto manufacturers like Daimler are crucial to our strategy because聽Uber聽has no experience making cars, and in fact, making cars is really hard, Uber Chief Executive Officer Travis Kalanick wrote in a blog post covered by Bloomberg. This became very clear to me after I visited an auto manufacturing plant and saw how much effort goes into designing, testing and building cars. Bloomberg noted the companies
stanley cup are still in talks about some of the terms of the arrangement, but they do expect to see the day when a self-driving Mercedes-Benz picks up Uber customers. As the inventor of the automobile, Daimler aims to be a leader in autonomous driving 鈥?one of the most fascinating aspects of reinventing mobility, Dieter Zetsche, chairman of the bo