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Today in B2B Payments, Onit explores tightening corporates ; legal spend management and Linear reflects on an evolving small business len stanley cup canada ding landscape. Plus, Veem expands its local small business payment service to Canada, Yooz debuts its accounts payable software in Ireland and Chaser introduces an installment B2B payments tool.Bringing Down The Gavel On Corporates Excess Legal SpendWhen legal departments receive five-foot-high stacks of complex legal invoices, approving those bills for accounts payable  AP  departments becomes far easier than reviewing the charges for compliance and accuracy. Onit CEO Eric M. Elfman explains the growing problem of excessive and erroneous legal spend, which will climb as businesses ; legal budgets expand.Small Business Lenders Find New Paths To A Funding BouncebackSmall business borrowers ; expectations in a post-COVID environment can be challenging for banks and alternative lenders. Luckily, FinTech innovation has opened new avenues for small businesses in sea stanley cup rch of capital. Linear CEO Sam Graziano says the current climate has forged new paths for lenders to reach borrowers.Veem Expands Local SMB Payment Service To CanadaThe online payment  stanley romania provider聽Veem announced on Wednesday  June 2  that it had expanded its no-fee domestic payment service to Canada. Known as Veem Local for Canada, this tool includes electronic fund transfers and gives Canadian businesses 鈥?Quebec included 鈥?an easy and comprehensive solution for payments b Ahlm Mobile Investments To Reach 1B Trades With Acorns
Tencents mobile app WeChat scored a win this past Chinese New Year after it took the lead with the most red envelope money gifts sent through its platform, surpassing its closest rival, Alibaba. Now, Tencent announce stanley cup d a new milestone for its WeChat app.According to reports released Wednesday  March 18 , WeChat has secured 500 million monthly active users  MAUs  as of the end of 2014s fourth quarter. stanley becher  That figure is a spike from the 355 million MAUs recorded at the same time the year prior, and an increase from the 468 million recorded in Q3 2014, reports said.Despite the achievement, reports added that WeChat has seen a dramatic decline in the growth of active user members. Tencent saw a stable 6.8 percent growth between Q3 an stanley quencher d Q4, however. WeChats chat app QQ reportedly pumped $1.92 billion in revenue from social games in the fourth quarter. That figure is an increase of 41 percent from the same time the year prior.That revenue emerges one month after Tencent announced the acquisition of Swiss mobile gaming firm Miniclip for an undisclosed amount.Tencent did not reveal in its quarter earnings report where these 500 million users are located, but Tech In Asia speculates that the majority can be found in mainland China. Reports also highlighted the peculiar absence of the corporations global expansion efforts in the earnings report.WeChat may have beat out rivals in funds sent through its red envelope campaign during the Chinese New Year last month, but according to reports, ch