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Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

The business product is a digital payments gateway and services aggregator for B2B, B2C and B2G businesses in Saudi Arabia. BayanPay has an extensive suite of portfolio solutions, including BayanPay Business and BayanPay Wallet.

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Government Procurement Lacks Agility, Transparency, Survey Finds

PYMNTS

Electronic procurement and the rise of a B2C-like shopping experience for corporate buyers has turned the buying process into a strategic function for many organizations. But for others, simply digitizing the procurement process in the first place remains a challenge. That Procurement Performance Index dropped from 76.4 in 2016 to 72.6

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In-Field Payments For In-Field Suppliers

PYMNTS

The solution is flexible in meeting the needs of any client, whether they are working on B2C, B2B or B2G contracts,” the executive said. While taking a few weeks or months to settle an invoice is the norm for B2B payments, paying upfront can play a significant role in a supplier’s or service provider’s cash flow.

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