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Belgian Post Office Buys E-Commerce Logistics Firm

bpost, Belgium's for-profit postal operator, has acquired logistics firm Radial after obtaining necessary approvals from regulatory authorities. The transaction was valued at $870 million. bpost said the acquisition of Radial, a provider…

Boeing: $730 Billion in Middle East Airplane Sales Ahead

Boeing forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook (CMO) for the region during the Dubai Airshow.…

Mike Kaufman to be Cardinal Health CEO

Cardinal Health (NYSE: CAH) announced that it has named Mike Kaufmann, 54, its current chief financial officer, to serve as the company's next chief executive officer and join the board of directors, effective Jan. 1, 2018. Kaufmann will…

Blockchain Platform for Energy Commodity Trading

A number of of the world's largest trading houses, energy companies and banks announced plans to back a new venture to develop a blockchain-based platform for physical energy commodities trading. The venture will be operated as an…

Survey: Businesses Expect Payments to Slow

Over 25% of the value of domestic business-to-business (B2B) receivables in Brazil, Canada, Mexico and the United States remains unpaid more than 90 days past due, according to the September 2017 edition of the Atradius Payment Practices…

Using AI to Reduce Credit Risk

Euler Hermes, a leading trade credit insurer, announced a partnership with credit risk analysis company CRiskCo to use artificial intelligence (AI) to support credit analysis and fraud detection processes. Christophe Spoerry, co-founder…

IBM, European Banks Work on Blockchain-Based Trade Finance

IBM (NYSE: IBM) announced that it has been selected by a consortium of seven of Europe's largest banks to build and host a new blockchain trade finance platform to simplify domestic and cross-border trade for small and medium enterprises in…

Oil & Gas Conference Aug. 13-17 in Denver

The Oil & Gas Conference will be held August 13-17, 2017, in Denver at the Westin Denver Downtown. The conference offers investment professionals the opportunity to listen to senior management teams in the oil and gas industry…

Digital ID Aids Blockchain Use

Netki Inc., in partnership with IBM, PwC Australia and other companies, has launched a digital identity service intended to make blockchains safe for a broad range of business and personal use cases, while meeting national and international…

Webinar: Aligning Procurement and Finance

A webinar to be held April 26 will discuss ways Procurement and Finance can work together to reduce risk, optimize working capital, and manage a procure-to-pay process that is operationally efficient and effective. The webinar is hosted…

Shipping Exchange Gets $8.5 Million in Funding

The New York Shipping Exchange  announced $8.5 million in Series A funding led by Goldman Sachs Principle Strategic Investments and GE Ventures, with participation from Blumberg Capital, Tectonic Capital and other investors. Founded in…

IBM, Indiegogo and Arrow to Back IOT Startups

Feb 16, 2017 - IBM announced a partnership with Indiegogo and Arrow Electronics to help bring new Internet of Things (IoT) ideas to life. The collaboration brings IBM's Watson IoT platform and cloud services together with services from…

$50M Fund For Israeli Food Industry

Dec 7, 2016 - Copia Agro & Food, a fund investing in and managing agricultural and food projects developed by Israel's research institutes, announced it is raising $50 million to expand its investments in Israeli technologies to address…

Smart Digital Contracts White Paper

Dec 6, 2016 - The Chamber of Digital Commerce has published "Smart Contracts: 12 Use Cases for Business & Beyond." The white paper was developed by the Smart Contracts Alliance, a working group of the Chamber of Digital Commerce, in…

Dynamic Discounting Platform Unveiled

December 01, 2016 - Transcepta, a provider of cloud-based electronic invoicing, AP automation and procure-to-pay solutions announced the release of a Dynamic Discounting offering. Using Transcepta Dynamic Discounting, customers select…

Paperless Payment Webinar

May 18, 2016 – Determine, Inc., a provider of SaaS enterprise Source to Pay and Enterprise Contract Lifecycle Management (ECLM), will present a live webinar on Paperless Payment on Thursday, May 26, 2016, at 8:00 AM PDT. The webinar…

Enterprise Application Market Growing 8.5%

Feb 18, 2016 - The global enterprise application market size will reach $259.51 billion by 2022, according to a study by Grand View Research, Inc. The increasing need among organizations for single data access points is anticipated to…

Omni-ID Secures $21M in New Funding

January 19, 2016 - Omni-ID, a supplier of industrial RFID tags and visual tagging systems announced it has raised $21 million to expand its global presence and product portfolio to support demand for its IoT based solutions for industry.…