Remove Authorization Remove B2B Remove B2G
article thumbnail

Bureaucratic Fuel Is Pushing B2B Payments Toward Digital

PYMNTS

The country is the latest nation to help push B2B payments into the digital age. Spanish authorities recently launched an online platform that government contractors can use to submit electronic invoices. An EU mandate calls for member countries to define B2G electronic invoicing rules by November. Spain’s Move. From a U.S.

B2G 58
article thumbnail

Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

Finablr , a Saudi Arabia-based global platform for payments and foreign exchange solutions, has announced that its network brand, BayanPay , has been awarded a license to provide payment services by the Saudi Arabian Monetary Authority (SAMA). BayanPay will offer digital wallets, eCommerce and SMB payments gateway solutions in Saudi Arabia.

article thumbnail

B2B eCommerce Startup Mbiz Secures Series A

PYMNTS

B2B eCommerce platform Mbiz has raised Series A financing, reports Monday (March 27) said. Mbiz provides a digital procurement platform for B2B and B2G transactions. FinTechs must have this much cash in order to register with the authority, as well as have a minimum capital requirement, to apply for a business license.

B2B 47
article thumbnail

The Public Perception Challenge Of Public Procurement

PYMNTS

County Metropolitan Transportation Authority (L.A. Those objectives are rarely, if ever, seen in private B2B procurement. According to Walicki, there are other hurdles for B2G vendors looking to win contracts — especially smaller suppliers looking to step into the public sector for the first time.

B2G 53
article thumbnail

Here’s What’s Up In Corporate Spend

PYMNTS

The report’s co-author, Buffi Neal, said software waste occurs across all industries. 252 million eInvoices were sent across the EU in 2015 , most of which were B2B or B2G, according to new data from the European E-invoicing Service Providers Association. The most commonly downloaded-but-never-used application?

B2G 75
article thumbnail

Government Procurement Lacks Agility, Transparency, Survey Finds

PYMNTS

In a survey released last month from business-to-government (B2G) technology company Onvia , nearly 40 percent of buyers in the public sector say they feel overworked, with many reporting that it’s a struggle to find the time needed to research and author bids and requests for proposal. in 2016 to 72.6

article thumbnail

UK Setting The Wrong Example In eProcurement, Says Think Tank

PYMNTS

is now in the midst of readying for an eInvoicing mandate, a move regulators say will help small businesses manage their cash flow and improve visibility into B2B and B2G transactions. The report’s co-author William Mosseri-Marlio concluded that the U.K. Following the implementation of mandated eProcurement, the U.S.

B2G 40