Finance

Unlocking Revenue: B2B Firms and the $7 Billion Embedded Finance Potential

A multitrillion-dollar opportunity is transforming the B2B landscape through embedded finance. This concept, previously associated with consumer payments, is now revolutionizing how businesses operate by integrating payment processing and financing directly into non-financial platforms. This shift is streamlining payments and providing small- to medium-sized businesses (SMBs) with easy access to lending through their enterprise resource planning (ERP) systems. By offering fast, frictionless payment solutions embedded in daily workflows, companies can avoid the cumbersome process of using external portals.

As businesses seek more efficient payment and working capital management, embedded finance is emerging as a key player in B2B commerce. It allows firms to manage cash flow, secure financing, and reconcile payments in real time, all within their existing platforms. This innovation not only simplifies operations but also enhances agility and resilience in financial processes. With the volume of embedded B2B payments currently estimated at $2.5 trillion, projections suggest it could soar to $6.5 to $7 trillion in the next few years, highlighting the significant impact of this transformative trend.

TECH

Kamala Harris' Tech Initiative: Stopping Trump’s Momentum and Growing Her War Chest

Dustin Moskovitz contributed $30 million to Kamala Harris’ campaign, while Reed Hastings donated nearly $7 million, and Ben Horowitz gave $2.5 million to a super PAC supporting her, just months after he expressed support for Donald Trump. Recent Federal Election Commission data indicates that Harris' efforts to reconnect with the tech industry have resulted in significant financial support, countering Silicon Valley's shift toward Trump. This influx of donations is strengthening her substantial war chest as she heads into the critical final days of the election campaign, where she has been significantly outpacing Trump in both fundraising and spending.

CRYPTO

Kamala Harris Must Go Beyond Embracing Crypto to Ensure Its Success

As a journalist, I typically avoid sharing personal opinions, but today I must speak out. As a progressive Democrat who has covered crypto for over nine years, I believe my party’s opposition to crypto is a mistake that threatens the U.S.’s global standing and risks turning the country into a technological backwater. Crypto aligns with progressive values and can empower marginalized communities, yet Democrats’ hostility is alienating voters and pushing the industry—and innovators—overseas. Kamala Harris’s vague support is a step in the right direction, but she and the Democratic Party must do more to foster crypto growth, or they risk losing both the 2024 election and America’s economic edge to rivals like China.