PYMNTS

MARCH 12, 2020

If we’re talking about business-to-business (B2B) payments, the speed of business is nothing to brag about. The outmoded B2B payments landscape stands in stark contrast to the business-to-consumer (B2C) and peer-to-peer (P2P) spaces where instant money and real-time payments are becoming the norm.

B2B 63

B2B B2C Payments Retail Payments 63

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Plus, Everlink strikes a partnership for real-time B2B payments. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. 2) announcement.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

EBizCharge

MAY 15, 2024

To better understand what and who is involved in these transactions, this article will dive into common business-to-business (B2B) terminology and payment methods. What are B2B payments? These payments occur for various reasons, including purchasing raw materials, settling invoices, and procuring services.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. OpenPayd Debuts Real-Time FX.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. trillion by 2021 — the business-to-business payments market is primed for disruption. The payment rail and technology options for B2B eCommerce platforms are vast, and continue to grow.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

APRIL 16, 2019

For B2B, it seems, the advent of the open API cannot come fast enough. The back and forth between businesses, whether centered on payments or data, is mired in paper, phone calls and faxes — in short, wasted time and resources. New applications should streamline those inefficiencies. In the U.S., Easier said than done.

API 71

API P2P B2B Payment APIs and Integration 71

PYMNTS

JUNE 6, 2018

In the first service offered by Mastercard after integrating Vocalink last year, and with an eye on real-time payments, Mastercard Send is launching in the United Kingdom. based bank accounts and receive payments by the same means.

Real Time Payments 55

Real Time Payments Visa Accounts Faster Payments 55

PYMNTS

NOVEMBER 8, 2019

As real-time payments (RTP) gain traction with consumers via peer-to-peer (P2P), the pump may be primed for business-to-business (B2B) transactions to follow suit. One hurdle is decidedly not with the real-time infrastructure that’s in place. Although conventional wisdom may hold that the U.S.

RTP 40

RTP B2B Real Time Payments P2P 40

PYMNTS

JUNE 18, 2019

Is it prime time for real time, especially for B2B? The rise of Zelle , and any number of peer-to-peer (P2P) payment options, has increasingly brought consumers on board with the need for speed in payments — where settlement is marked by seconds and minutes, not hours or days. Where We Stand In The US.

RTP 78

RTP P2P B2B RFP 78

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome. Conflict Of Interest.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

SEPTEMBER 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. SWIFT to Launch New Real-Time Rails.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

PYMNTS

DECEMBER 3, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. Around the world, B2B transfers are expected to reach a $218 trillion valuation in the next three years alone.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

Fintech Finance

SEPTEMBER 9, 2024

The collaboration empowers local licensed institutions and merchants to conduct a wide range of transactions, including B2B, P2P, B2C, and C2B payments. These services will support diverse cross-border use cases, including foreign education payments, e-commerce transactions, and local acceptance of gig economy payments.

Cross-Border Payments 114

Cross-Border Payments Cross-Border C2B Treasury Management 114

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Around The Real-Time Payments World. About The Tracker.

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Real Time Payments RTP P2P AI 92

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). So, from the beginning, start with the individual consumer. Particularly in the U.S,

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C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. A notoriously clumsy, friction-filled industry, B2B transactions must forge new paths to boost efficiency as businesses demand global solutions, speed and transparency.

B2B 55

B2B Innovation Same Day ACH NACHA 55

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. Why B2B Lags.

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Checks Real Time Payments Faster Payments B2C 66

Finovate

OCTOBER 15, 2024

The company also helps third-party organizations across various industries integrate instant payments with traditional payment tools into their existing payment and money movement use cases including A2A, P2P, Bill Payment, B2B and B2C disbursements.

Instant Payments 52

Instant Payments FedNow Same Day ACH Federal Reserve 52

Fintech Finance

JANUARY 23, 2024

Before joining Mastercard, Oakes was a payments expert in consulting at McKinsey and KPMG where she provided strategic advice and advisory services to central banks, financial institutions and clients from the payments industry with a specific focus on cross-border payments and the roll out of real time payments, open banking and embedded payments.

Cross-Border Payments 52

Cross-Border Payments Non-Bank Cross-Border B2C 52

Faster Payments Council

MAY 17, 2021

While real-time payments (RTP) was previously considered an infrastructure luxury, it has now become a common method of payment in many parts of the world. This adoption has changed the payments landscape. Introduction on RTP and its adoption around the world.

RTP 88

RTP G2C C2B Real Time Payments 88

Fintech News

FEBRUARY 15, 2024

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments, cryptocurrency and blockchain, and bundled software-as-a-service (SaaS) offerings.

Innovation 113

Innovation FinTech Cross-Border Payments Cross-Border 113

PYMNTS

DECEMBER 31, 2020

Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need. This study showed that consumers display significant interest in real-time payments once they fully understand them. Key Data Points: It takes only 78.5

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

PYMNTS

DECEMBER 18, 2020

If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises ( B2B ). The value lies in offering payments anywhere, anytime, across a range of B2C and increasingly B2B use cases.

Economy 67

Economy API FedWire Payment APIs and Integration 67

PYMNTS

MAY 23, 2016

In the future, all B2B payments will be digital. It’s no secret that B2B, as an industry, has lagged behind B2C by leagues when it comes to going paperless. ” During the live discussion they provide insight on the evolution of B2B will discuss what comes next, over the near term and longer term. .”

B2B 40

B2B B2C Reconciliation Real Time Payments 40

PYMNTS

MARCH 13, 2020

But the speed of payments for B2B solutions still has a long way to go, with many paper checks still circulating at sluggish speeds, and high percentages of businesses requiring numerous different sign-offs before money reaches where it’s going.

Process 60

Process Payments B2C B2B 60

PYMNTS

OCTOBER 28, 2016

Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Some argue electronic payments, like credit cards, are the answer. What Doesn’t Work.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

Faster Payments 40

Faster Payments Same Day ACH Real Time Payments Treasury 40

PYMNTS

FEBRUARY 16, 2018

While there’s been much hype surrounding venture capitalists’ growing attention on B2B FinTech, this year has largely been lackluster for the industry. This week, however, B2B startups enjoyed a solid moment of funding, as familiar names like Tipalti were joined by newcomers like Zervant to address an array of business finance needs.

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B2B FinTech Blockchain ACH 49

PYMNTS

DECEMBER 1, 2020

The pandemic has shone a light on some glaring inefficiencies in B2B payments. B2B payments have none of those hallmarks, Gupta noted. Now the question is: How do the financial institutions and the banks provide the same quality of service, which is provided today in B2C, to their B2B customers?”

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ISO 20022 B2B Payments Wires 71

PYMNTS

JUNE 18, 2019

Adoption of real-time payments in the U.S. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. ’s push for real-time payments is led by The Clearing House, which aims for ubiquity of its real-time payments (RTP) network by 2020.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

PYMNTS

DECEMBER 24, 2019

3: P2P Rises And Could Move Into B2B. Peer-to-peer (P2P) payment services are stretching their wings, heading into the new decade with mostly robust growth — and even some new plans to gain customers and keep a tight hold on existing consumers. 10: Via Faster Payments. 11: Increasingly Without Cash — Most Of The Time.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

AUGUST 30, 2016

One of them is NCR , and with its new Innovation Lab , the company is looking at how omnichannel eCommerce and payments can make transacting simplified. Andy Brown, NCR’s marketing director of payments, says IoT and other emerging technologies are critical to this initiative, especially in B2B commerce and payments.

B2B 58

B2B B2C Authorization Service Provider 58

PYMNTS

DECEMBER 2, 2019

The change is coming and can be anticipated, across C2C to B2C to B2B — and providing at least some sort of roadmap. You certainly need a map, too, as payments are increasingly crossing borders and time zones, and FX rates suddenly become par for the course. There can be literal dark days ahead.

Cross-Border 55

Cross-Border Cross-Border Payments Payment APIs and Integration Treasury 55

PYMNTS

SEPTEMBER 4, 2018

The enterprise is still unsure about faster and real-time payments. With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Yet there is some adoption of faster payment technologies among corporates.

Treasury 44

Treasury Faster Payments Real Time Payments Liquidity Management 44

PYMNTS

APRIL 22, 2019

The obvious assumption in the business-to-business (B2B) landscape is that faster payments are not only unnecessary, but unwanted, as corporates don’t necessarily need to move money immediately. Still, others have said that B2B payments should be largely left out of the faster payments conversation.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Technology 79

Technology Legal Checks B2C 79