BITCOIN AND CRYPTO
CRYPTOPERFORMANCE | March 15, 2022
The CryptoPerformance Group announced today that its CHAIN’s native coin, the new CPCoin (CPC) with its securewallet Cx0, is now officially listed on the exchange platform P2PB2B. This new coin is replacing the old CPC token. P2PB2B customers can now trade, send, receive, or store CPC in all active regions of the exchange.
CPC is a 100% POS cryptocurrency that is the native coin of CryptoPerformance CHAIN using the host CPCoin Secure Smart Wallet (Cx0). The CPCoin presents unique security measures and famously was created with no pre-sale or ICO.
CryptoPerformance launched its proprietary blockchain, the CryptoPerformance CHAIN in November 2021, and began the process to relist the new CPC (smart wallet Cx0) on P2PB2B.
The CPCoin, backed by its large ecosystem and community, is the core of CryptoPerformance and its CryptoPerformers. It is an intricate part of the digital solutions offered to businesses and individuals alike, alongside the CryptoPerformance BANQ, a innovative global fintech platform with crypto debit cards, the CryptoPerformance Chain, secure, ultra-low fees and fast transaction times (1 block = over 5000 transactions in under 15sec), the CryptoPerformance Platform, buy&hold platform, and many more.
Recently announced, CryptoPerformance will be presenting all features of their CryptoPerformance CHAIN in the AIBC Dubai Summit, presenting features such as; Cx0 sub-currencies, Digital Asset Creation, NFT Center, Smart Contracts, Crowdfunding opportunities, Voting Security, Account Control, CP Secure Password Safe, CP Secure Contact Manager, CP Mail Manager, CP Cloud, and Developer Center all functioning under the native coin, CPC. CryptoPerformance BANQ will also be at the forefront, as users can learn about IBANs, CP Visa Crypto Card, Swap, withdrawal functions and much more.
We are pleased to announce the great partnership with P2PB2B and CPC. Our strong ecosystem, backed by our cryptoperformers, innovative technology, and strong blockchain have made this listing possible.”
Mr. Staebler and Mr. Rimola, founders of CryptoPerformance.
Founded in 2020, CryptoPerformance launched as a unique buy-and-hold platform for crypto enthusiasts. Today CryptoPerformance is a 360 solution for all crypto-needs, including an in-house developed blockchain, the CryptoPerformance Chain, featuring sub-currencies and NFTs, its native coin CPC, global fintech platform CryptoPerformance BANQ, Charity for Charities blockchain capabilities and more.
P2PB2B is an advanced cryptocurrency exchange that works for the benefit of its users. In order to make your trading even more convenient and safe, the platform has all the necessary features and tools.
Standard Chartered | May 12, 2022
Standard Chartered (“Bank”) today announced the launch of its Sustainable Account. This new product, with the characteristics of a Demand Deposit Account, provides large corporates with the opportunity to contribute to sustainable development whilst maintaining daily access to their finances for their intraday liquidity management needs.
Deposits in Sustainable Accounts are used to fund sustainable projects based on the Bank’s Green and Sustainable Product Framework, which is aligned with the United Nations Sustainable Development Goals (SDGs). The surplus cash will be used in tackling some of the world’s most significant long-term threats, including climate change, quality education, clean energy, and financial exclusion.
Financial institutions are in a unique position to play a role in social and economic prosperity by facilitating how clients can contribute to sustainable development, Our Sustainable Deposit platform allows clients to meet their liquidity needs and their sustainability goals in a flexible and transparent manner where funds will be referenced against sustainable loans and projects.”
George Lee, Head of Transaction Banking at Standard Chartered Americas.
The Bank’s Sustainable Account offering is part of its suite of sustainable solutions ranging from Sustainable Trade Finance solutions, Bonds and sustainable advisory services. Sustainable Deposits were first launched in 2019 as fixed term deposits, and deposits broke the $2 bn mark in May 2020 with companies such as Southwire tapping this solution to advance its Environmental, Social and Governance goals.
About Standard Chartered
We are a leading international banking group, with a presence in 59 of the world’s most dynamic markets, and serving clients in a further 83. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Our history in the US dates back to 1902, and we are currently present in eight locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporates and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, and the Middle East.
American Express | June 01, 2021
Survey indicates that U.S. spending is on the rise across nine key business-to-business (B2B) categories.
U.S. survey respondents cited that raw or processed materials, such as lumber, metals, and chemicals, are outpacing all other B2B spending categories.
Automation is anticipated to be the fastest-growing area in technology spending, with nearly half of U.S. survey respondents planning to automate or further automate their B2B payments over the next year1.
Flexibility is key for the U.S. businesses surveyed, which are adapting their supply chains due to pandemic challenges.
New York, June 1, 2021 – American Express today launched the Global Business Spend Indicator (GBSI), a new survey of global businesses conducted with the Centre for Business and Economic Research (CEBR)². The survey reveals U.S. businesses are the most bullish and optimistic when it comes to B2B spending among the six countries covered in the survey, with 76% of U.S. businesses expressing optimism about their prospects over the next 12 months. Respondents predicted that B2B spending in the U.S. will be an average of 3.4% higher in the second quarter compared to the same period last year. Applying that projection from the survey respondents to broader U.S. macroeconomic data would equate to an estimated $140 billion in additional B2B spending from U.S. businesses³.
“B2B spending is an important bellwether for the overall health of the economy, and the GBSI study shows U.S. businesses are investing and spending more, whether to adopt to the new ways of operating during the pandemic, or to digitize and streamline their operations,” said Dean Henry, EVP, Global Commercial Services at American Express. “It also reveals that some of the trends that have emerged or accelerated during the pandemic, such as payments automation and new approaches to managing the supply chain, are likely here to stay.”
CEBR estimates that the value of B2B expenditures each year amounts to nearly half (48%) of gross output (the total value of sales or receipts) in the U.S. economy. This means that for each dollar spent in the U.S. economy, approximately 48 cents are B2B transactions.
The GBSI is designed to explore the importance of business spending in both the global and local economies based on a survey of more than 3,600 businesses of all sizes and across industries in the UK, Australia, Canada, Japan, Mexico, and the U.S. For this report, B2B spend is classified as goods and services that a business purchases from another business to keep their business running. The survey looked at nine B2B spending categories, and three additional categories of taxes, people / workforce, and travel, entertainment and expenses, for a robust look at the dynamics and impact of overall business spending.
Raw or Processed Materials Top B2B Spend Categories
U.S. businesses surveyed reported that they have increased their overall B2B spending across all the core categories since the start of the year. The highest growth rates were in spending on raw or processed materials such as lumber, metals, and chemicals, which rose by an average of 6.2% between Q1 2020 and Q1 2021, according to survey respondents. This would equate to an estimated $37 billion in additional spend when applied to U.S. macroeconomic data, most likely due to rising prices of raw materials after the onset of the pandemic.
This trend is expected to continue, with the U.S. businesses surveyed anticipating another 6.4% rise in spending in this category from Q2 2021 over the prior quarter.
U.S. Businesses Lead in Payments Automation, with Plans to Continue Investing in the Year Ahead
Within the technology spending category, automation is the fastest anticipated growth area among the U.S. businesses surveyed. While many businesses have already been digitizing their B2B payments over the past few years, the pandemic helped accelerate this trend more broadly.
The GBSI found that, of the six surveyed countries, U.S. businesses have the highest level of automation across most business functions, including with purchasing / procurement, payroll, paying suppliers, supplier analysis, and syncing payments to the existing ledger. In fact, nearly half of U.S. businesses surveyed said they are mostly or fully automating the making (48%) and receiving (51%) of payments from business customers. In addition, there is more opportunity ahead as nearly half (46%) plan to automate or further automate each of these functions over the next 12 months.
With more automation, U.S. businesses may vastly reduce their reliance on manual payment methods – like writing and sending physical checks – which are still prevalent, with 33% of U.S. business spend currently using physical payment methods, according to the businesses surveyed.
On the whole, technology spending by U.S. businesses surveyed rose by an average of 4.1% between Q1 2020 and Q1 2021, equating to an estimated $25 billion in additional spend when applied to U.S. macroeconomic data, likely driven by the rapid digitization of businesses such as e-commerce capabilities or website enhancements. Nearly a quarter (22%) of U.S. businesses surveyed list increasing their online presence among their top three goals and 39% expect to expand their use of virtual cards over the next 12 months.
U.S. Businesses Prioritize Streamlined and Flexible Supply Chain Relationships
For many businesses, the experiences during the pandemic highlighted ways to streamline and seek more flexible ways to manage their supply chains and operating practices.
Over the last 12 months, 23% of U.S. businesses surveyed took steps to simplify their network of suppliers, 23% reduced or avoided long-term commitments to purchase from specific suppliers, and 22% chose suppliers with more flexible payment terms.
Over the next 12 months, U.S. businesses in the survey cite increasing profitability (34%), securing new business or bringing on new customers (32%), and remaining competitive (31%) as being among their three most important goals.
Stampli | May 20, 2022
Stampli, a B2B Fintech leader in Accounts Payable (AP) Automation, today unveils Stampli Insights for Accounts Payable teams to gain complete visibility into their AP data to optimize workflows and improve operational efficiencies with their invoice automation and processing.
Stampli Insights brings together three built-in capabilities available in the Stampli platform including Advanced Search, Stampli Reports, and the newly launched Stampli Dashboards.
With Stampli Insights, customers can easily search, visualize, and drill down into accounts payable data so they can make more informed decisions for their business, Stampli has always provided full visibility into the invoice lifecycle for our customers, but now CFOs and Controllers can unlock that underlying data to improve operational efficiencies, identify approval bottlenecks, maximize employee productivity, and strengthen great supplier relations."
Tiffaney Fox Quintana, Vice President of Marketing at Stampli.
Stampli currently has United States office locations in Mountain View, California and Nashville, Tennessee, and internationally in Tel Aviv, Israel and Kiev, Ukraine. Stampli was most recently recognized in G2's 2022 Best Software Awards for "Best Software Products," "Best Accounting & Finance Products," "Best Mid-Market Products," and "Highest Satisfaction Products." Stampli also earned recognition as "The Best AP Solution for 2022" in the FinTech Breakthrough Awards; named on the "Top Fintech Companies of 2021" list by CB Insights; designated one of the "Top 50 Most Promising Startups in Israel" by CTech; named "The Best AP Automation Company in the USA" from New World Report; earned top marks by Comparably for "Best Company Outlook," "Best Company Work-Life Balance," "Best CEO," "Best Company for Women," "Best Company for Diversity," and "Best Company Culture."
Stampli is a complete AP automation platform that brings together accounts payable communications, documentation, corporate cards, and payments all in one place, allowing AP to have full control and visibility over corporate spending. By centering communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone else involved with purchases, allowing approvals to happen 5x faster.
In addition, Stampli's AI, Billy the Bot, learns an organization's unique patterns to simplify GL-coding, automate approval notifications, identify duplicate invoices, and reduce time spent on manual data entry. Stampli's flexible platform fits seamlessly into any existing processes and integrates with financial systems, including NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics, SAP, and more.