Today in B2B payments, Bank of the West enables Zelle for small business payments, and Intuit bolsters QuickBooks Commerce with acquisition. Plus, CIS launches bitcoin wallet for corporates, EedenBull launches in North America, and Vision33 takeover strengthens accounting automation offering.
BNP Paribas subsidiary Bank of the West has chosen Fiserv, Inc. to bring Zelle to small companies through Fiserv’s Turnkey Service for Zelle®: Small Business offering, according to a Tuesday (Feb. 2) announcement. Payments are at the core of Bank of the West’s digital strategy, which is an approach meant to heighten client engagement and forge more in-depth relationships, according to the announcement.
Corporate Intelligence Services (CIS), which works in financial and asset investigations and collections, has rolled out a corporate bitcoin wallet to accept bitcoin as an additional form of payment for debt collection, according to a press release. “Bitcoin has become more and more accepted as a form of payment,” CIS Co-Owner Roger Barter said in the release. “Bitcoin has several advantages over checks and credit cards. Transactions are instantly verifiable and are peer-to-peer without a third-party facilitator.”
Global FinTech innovation company EedenBull has announced the opening of its first U.S. office in New York, a press release says. With that, Melissa Sefic will be taking over as head of business North America for the company, where she’ll drive and manage the local U.S. part of EedenBull. Prior to taking the post, Sefic worked with The Economist Group as SVP Head of Commercial Payments International.
Vision33 has acquired the iDocuments product suite from U.K. company Syrantix, Vision33 announced in a Monday (Feb. 1) press release, saying the acquisition will provide the company with access to new automation options and better visibility for B2B processes, among other benefits. The iDocuments platform integrates with all leading ERP and accounting systems, including SAP Business One, Sage, Infor SunSystems, Exchequer and Microsoft Dynamics, the release says.
Intuit has acquired Australia-based OneSaas to help it integrate third-party eCommerce solutions into its QuickBooks platform. Intuit said that OneSaas’ technology will also allow for deeper data integration into its new QuickBooks Commerce solution, which is aimed at helping small businesses manage omnichannel sales. According to its site, OneSaas “is an integrations platform providing omnichannel sales data automation for accounting, fulfillment and marketing applications and their customers.”