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. How that is achieved is a matter of innovation and experimentation. The Coexistence Of Rails.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

B2B 110

B2B Payments Wire Wires 110

Tom Groenfeldt

SEPTEMBER 16, 2019

business payments. Will Mastercard's combination of a business directory and the ability to transmit invoice information with the payment, move more firms from paper to digital? Checks have remained remarkably resilient in U.S.

Checks 182

Checks Visa B2B Business Payments 182

Payments Source

FEBRUARY 24, 2020

B2B payments can thrive in the uncertain regulatory environment with the help of APIs, says Become's Eden Amirav.

Posting 111

Posting Business Payments API B2B 111

Payments Source

DECEMBER 10, 2020

Scotiabank is an early adopter of a Canadian initiative to improve liquidity for B2B transactions by speeding processing.

Business Payments 123

Business Payments B2B Transactions Payments 123

Fintech Finance

JULY 23, 2024

XTransfer , China’s top B2B cross-border trade payment platform, and EBANX , the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.

B2B 105

B2B Facilitators Cross-Border APACS 105

Payments Next

MARCH 6, 2024

By Shai Gabay, Co-Founder & CEO, Trustmi When I speak with businesses about B2B payment fraud, most people I talk with are The post Business payment fraud demands new approaches to account validation first appeared on Payments NEXT.

Account Validation 88

Account Validation Business Payments Accounts B2B 88

Payments Source

DECEMBER 10, 2019

B2B global payments provider Payoneer is acquiring German fintech Optile to expand its services to include consumer-to-business payments acceptance.

B2B 94

B2B Consumer Acquirers Payments 94

Fintech Finance

NOVEMBER 11, 2024

Emirates NBD , a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region and Mastercard have partnered to introduce the Emirates NBD Wholesale Travel Solution, an innovative virtual card based B2B payment product now available to travel agencies.

Visa 98

Visa B2B Cross-Border Payments Cross-Border 98

PYMNTS

MARCH 19, 2020

Tackling B2B payments friction is a journey, but when corporates take their transactions global, finding a remedy for cross-border B2B payments is a much more complicated process. ” Tackling B2B payments on a global scale calls for collaboration, McCarthy explained. .

Cross-Border 95

Cross-Border B2B Innovation Payments 95

Fintech Finance

JULY 24, 2024

Visa, the world leader in digital payments, today announced a significant partnership with First Abu Dhabi Bank (FAB) , the largest bank in the United Arab Emirates, to expand the Visa B2B Connect network in the region.

Cross-Border Payments 96

Cross-Border Payments Cross-Border B2B Non-Bank 96

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. Plus, blockchain makes new inroads in the B2B arena. Mastercard Adds A2A For Track Business Payment Service.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

SEPTEMBER 12, 2019

Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is the first global open-loop commercial service built to automate payments between the world’s suppliers and buyers.

Visa 76

Visa B2B Payments Business Payments 76

PYMNTS

NOVEMBER 15, 2018

Western Union and FLEETCOR are nearing an agreement to sell WU’s business payments operations to the fleet payments firm, according to reports in PE Hub on Wednesday (Nov. Citing three unnamed sources, reports said Citi is advising on the deal, which could fetch $600 million for the B2B payments operations.

Business Payments 77

Business Payments Cross-Border B2B Payments 77

PYMNTS

MAY 12, 2020

To enable greater efficiency and quicker access to working capital for buyers and suppliers, Mastercard has unveiled the rollout of the Track TM Business Payment Service in the U.S. ” The Track Business Payment Service allows suppliers and buyers to handle their payments in a more efficient manner, per the company. .”

Visa 84

Visa Business Payments Reconciliation Payments 84

PYMNTS

OCTOBER 21, 2016

Visa and Chain today [October 21] announced that Visa B2B Connect – a B2B payment platform based on blockchain – will be piloted in 2017. Visa hopes that Visa B2B Connect will give financial institutions fast and secure processing of global B2B payments.

B2B 80

B2B Blockchain Payments Transactions 80

PYMNTS

JULY 31, 2019

Visa and Billtrust are announcing a major new user for their Business Payments Network (BPN) as of today (July 31). JPMorgan has announced it will use the service to streamline the delivery of electronic B2B payments for its commercial card clients.

Payment Networks 76

Payment Networks Business Payments Commercial Card B2B 76

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

NOVEMBER 16, 2020

Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service , to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. The Track Business Payment Service was rolled out in the U.S.

Visa 81

Visa Business Payments Payments Commercial Card 81

PYMNTS

OCTOBER 22, 2020

A perfect storm of market shifts catalyzed by the global pandemic has forever changed the B2B payments landscape. For Billtrust , the current market climate presented an opportune moment to go public and further the B2B payments education of the business community. Fostering Education.

B2B 89

B2B Lockbox Remittance Data Payments 89

Payments Source

JULY 31, 2019

JPMorgan Chase has become the first card issuer to join the Visa and Billtrust Business Payments Network in an effort to streamline the delivery of electronic B2B payments for its commercial card clients.

Payment Networks 71

Payment Networks Business Payments Card Issuer Commercial Card 71

Payments Source

NOVEMBER 16, 2020

It will take years to fully complete the project, but Mastercard has announced the availability of real-time account-to-account corporate payments for U.S. firms through its Mastercard Track Business Payment Service (BPS), with plans to add cross-border payments next year.

Visa 117

Visa Cross-Border Payments Cross-Border P2P 117

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

NOVEMBER 9, 2020

This earnings season, the downturn has become apparent as several corporate payments technology players post losses. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. Boosting The Banking Experience.

Innovation 102

Innovation Business Payments FinTech Payments 102

Payments Next

SEPTEMBER 13, 2023

By Shai Gabay, Co-founder & CEO, Trustmi Fraud and human errors affecting business payments have threatened companies worldwide over the last decade. The post 5 reasons secure business payments must be a priority first appeared on Payments NEXT.

Business Payments 88

Business Payments Security Payments Posting 88

PYMNTS

JULY 9, 2020

When it comes to B2B payments, the mobile device has limited traction. adoption is typically limited to contexts in which an individual may be making a purchase in a retail setting on behalf of a company: a professional on a business trip paying for lunch, for instance, or a delivery driver refueling while on the road.

B2B 82

B2B Cross-Border Cross-Border Payments Small Business 82

PYMNTS

AUGUST 5, 2019

Cross-border payments company InstaReM is expanding its InstaReM for SMEs solution into Singapore, targeting cross-border trade and B2B payments between Singapore and China. “With trade getting increasingly globalized, businesses need to make payments to multiple stakeholders — suppliers, staff, freelancers etc.

B2B 73

B2B Cross-Border Cross-Border Payments Payments 73

PYMNTS

MAY 22, 2019

Corporate payments technology firm Bill.com is rolling out a new platform designed to deploy artificial intelligence (AI) for automated workflows. Bill.com pointed to its own research, which found the payments platform saves SMB users an average of 5.5 It can also recognize bill approval routing and payment thresholds.

Business Payments 80

Business Payments AI Payments Cross-Border 80

PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. Payments Rails is rewiring how business payments are sent around the world,” said the company’s co-founder and CEO Tim Nixon.

API 78

API Cross-Border Payments Payment APIs and Integration Cross-Border 78

Finextra

JULY 17, 2024

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

B2B 89

B2B Payments AI Business Payments 89

PYMNTS

MAY 21, 2020

While the travel industry remains decimated due to the pandemic, with businesses just beginning to tiptoe toward some semblance of normalcy, the shift to digital processes is gaining traction. Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used.

B2B 94

B2B Cross-Border Cross-Border Payments Credit Cards 94

PYMNTS

DECEMBER 16, 2019

The capabilities to unlock bank data and integrate new services into emerging FinTech platforms via API integrations is a FinTech trend that hasn’t ignored the B2B payments arena. Indeed, says Robert Courtneidge, CEO of payment technology firm Moorwand , this space is one of the most exciting and busy when it comes to innovation.

Compliance 81

Compliance B2B Payment APIs and Integration End User 81

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. Technology that sits in between these business partners can help to accomplish both.

B2B 92

B2B Cross-Border Reconciliation Accounts 92

Finextra

JULY 11, 2024

Billtrust, a B2B order-to-cash and digital payments market leader, announced that it has extended its collaboration with Visa, a world leader in digital payments, to support its Business Payments Network (BPN).

Payment Networks 59

Payment Networks Business Payments B2B Payments 59

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Digital small business payment services provider Statrys , based in Hong Kong, announced $5 million in fresh funding.

B2B 91

B2B Cross-Border Cross-Border Payments Small Business 91

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov. Early Pay allows suppliers to optimize cash flow by encouraging early payments in exchange for discounts.

B2B 77

B2B Payments Commercial Card Automation 77