PYMNTS
OCTOBER 3, 2018
Though the process initially is focused on government work — business-to-government (B2G) — observers point to the likelihood that that the platform will attract business-to-business (B2B) transactions, as the platform is available for voluntary use for B2B eInvoicing, according to reports. From a U.S. s Digital Push. Both the EU and the U.S.
PYMNTS
FEBRUARY 26, 2020
The business product is a digital payments gateway and services aggregator for B2B, B2C and B2G businesses in Saudi Arabia. BayanPay was founded in Riyadh in 2018. Finablr, founded in 2018, acquired a majority stake in BayanPay during the first half of 2019 for $30 million.
PYMNTS
APRIL 20, 2017
In shifting to electronic invoicing for B2B and B2G, both Europe and the U.S. The European Commission has mandated that member states must accept electronic invoices on a common semantic model, XML, by 2018. For B2B and B2G invoicing that spans national borders, especially in the direction of U.S. will be digital.
The Paypers
APRIL 22, 2016
(The Paypers) Based on the EU directive 2014/55/EU, all public contracting authorities and the suppliers have to be able to receive e-invoices as from 2018.
PYMNTS
JANUARY 30, 2018
But it’s a significant milestone nonetheless that federal regulators will be required to pay suppliers via eInvoice by the end of fiscal year (FY) 2018, meaning 19 million invoices government agencies pay every year will have to be electronic. Of all the regulatory changes occurring in the U.S. This is a significant mandate because the U.S.
PYMNTS
JANUARY 24, 2019
.” Reports at the time highlighted the National Health Service (NHS), hit by the infamous WannaCry attack in 2017, with subsequent research by the Financial Times ( FT ) finding that one-quarter of NHS trusts in England and Wales failed to allocate any money on cybersecurity training in 2018.
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