Urvu Sending Data as Fast as Money Is Key to B2B Payments Innovation

Business owners who sell online can face a significant gap between notching a sale and reaping the stanley nz revenue, according to financial services and tech company Brex, which says it has a new product that can help.To that end, the San Francisco-based company on Tuesday Oct. 27 unveiled an Instant Payouts feature aimed at stanley mugs helping eCommerce sellers even out their cash flow.Instant Payouts enables businesses that sell online to tap into the sales revenue they have earned immediately, as opposed to waiting weeks or longer for the money to come rolling on Amazon, Shopify and other big platforms.Brex is launching its new feature for eCommerce companies that sell on Amazon, with plans to soon expand the service to other online sales platforms as well.In exchange for a 1.5 percent fee, Brex Cash customers 鈥?provided they are U.S.-based sellers on Amazon 鈥?will be able to immediately access their sales revenue. By contrast, sellers would typically have to wait roughly two weeks, according to Brex, before the money hits their accounts. We built Brex to break down unnecessary barriers to growth, said Henrique Dubugras, Brex co-CEO, in a press release. A big problem small business owners face is weak access to cash flow when they most need it. Companies that sell on big platforms like Amazon or Shopify can experience weeks or months delay between winning a sale and seeing the ca stanley thermos sh hit their bank account. Instant payouts聽shortens that cycle so that companies can focus on growing. In additi Lmae Lemonade Raises $300M In Venture Funding To Expand

Folks hoping to learn about any A stanley cup pple Inc. plans to enter the payments market during the companys April 23 fiscal second quarter earnings call with analysts were totally disappointed. The topic simply never came up.About as close to a hint came during a discussion about new products, when CEO Tim Cook noted he feels comfortable expanding on what the company is working on but was not ready to pull the strings on anything. We stanley termohrnek care about every detail, he said on the call. It means much more to get it right than to get it first. Customers dont look for that from Apple, they expect great 鈥?extremely great. Apple also reminded the audience that its 24 acquisitions over the past 18 months shows the company is taking strides to address market needs, but the deals needed to make strategic sense, Cook said.Despite the lack of discussion over any plans for Apple to become a payments player, Cook did throw out one of the more interesting facts that has everyone speculating on such plans. He said iTunes represents an important element for Apple, noting there are now 800 million iTunes accounts internationally, most with credit cards. iTunes revenue for the quarter was $4.6 billion, up 12.2 percent from $4.1 billion a year earlier. Appl stanley cup e had $156 billion in cash on reserve at end of the quarter.As a company, Apple generated a March quarter record of $45.6 billion in revenue, up 4.6 percent from $43.6 billion during the same period ended March 31 last year. Net income rose 7.4 percent, t